Published in «Creative Economy»11 / 2019
DOI: 10.18334/ce.13.11.41367

The role of education in economic development of the country

Altunina Varvara Viktorovna, Immanuel Kant Baltic Federal University, Russia

Altunina Anastasiya Igorevna, National Research University - Higher School of Economics, Russia

Роль образования в экономическом развитии страны - View in Russian

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The role of human capital in the formation of the basis for economic development and stability of the country is mentioned often enough that scientists and researchers, politicians and people themselves will pay attention to this idea. It has become apparent that not only the legal framework, resources and production capacity, but also the people themselves play a significant role in the society development. Within the framework of such an important concept, there is a following valid factor: the education development and its accessibility to the general population. In this paper work, various aspects of the impact of education on the economy and its development will be considered, as well as an analysis and comparison of existing global trends in this area will be analyzed.


development of the country, education, human capital, investments in education, national economy

JEL-Classification: I22, I25, I26, J24

Altunina V.V., Altunina A.I. (2019). The role of education in economic development of the country [Rol obrazovaniya v ekonomicheskom razvitii strany]. Creative Economy, 13(11). (in Russian). – doi: 10.18334/ce.13.11.41367.

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