We may examine the relationship between higher education and economic growth by comparing the Republic of Korea to the Republic of India. How do political educational decisions impact economic growth? Although both countries began with relatively underdeveloped economies at the time of their independence in the late 1940s, these two countries took…

The correlation between ICT-supported education system and economic development of a developing country has been documented by several studies (Anderson, 2009; Selwood et al, 2003; and Unwin, 2009). Today's Information and Communication Technology can significantly and positively impact the educational and economic landscape of the Democratic…

Human Capital development through education is a long time investment made by the state to enhance the well being of her citizenry. By investing in education, well educated individuals bring to bear their talents, knowledge, skills and experiences as they function in the various sectors of the economy. Human Capital development is therefore a…

Lisbona's (2000) goals and strategy gave us the answers to the question how EU (European Union) can be competitive in the long term and, at the same time, preserve European model of life, that means a balance between economical, social and environmental goals. Knowledge is the focal point of development. That is the reason why many European states…

The higher education in Nigeria has witnessed a tremendous growth in the last 50 years in terms of producing manpower that could bring about development. However, the problem of Nigeria today is not about human and natural resources, but how to translate the human potentials to meet the realization of its all round development and sustain economic…

The Arab world contains one of the greatest cultures and histories of any ethnic group in the world. However, since the 1980s, the education of this region has plummeted despite increases in school enrollers. This is prominently seen in the illiteracy rate of 30% throughout the Arab world. Furthermore, with a high unemployment rate of 14%, which…

The modern issues of global developmental trends emphasize "a prime importance in sustainable development that is to meet the needs of the present without compromising the ability of future generations to meet their own needs" (Zimmermann, 2003, p. 9). Thus, the life necessity to develop the system of two perspectives, namely, external…

This study analyses the role and impact of higher education on per capita economic growth in the Former Soviet Bloc. It attempts to estimate the significance of educational levels for initiating substantial economic growth that now takes place in these two countries. This study estimates a system of linear and log-linear equations that account for…

Despite economic theory postulating that increases in investment in human capital and physical capital leads to increase in economic growth, in the Kenyan case, this has not been true. This paper empirically examines the contribution of human capital and physical capital to economic growth in Kenya. Measures to be undertaken by higher education…

In order to become "the most competitive and dynamic knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion" the European Union realizes its people as the most important asset. Moreover, every human becomes a value for the whole society. It makes significant to…