Investment in Education as a Factor of Economic Growth of the Country
https://doi.org/10.47703/ejebs.v4i66.194
Abstract
Education is the main resource for the sustainable development of countries and regions and belongs to one of the main fields of activity, where the main resource is human capital. Relevance. The topic of the article is relevant since the development of the education system is the basis of the socio-economic development of states and a vital factor reflecting the economic and social well-being of the population of countries and regions. The purpose of the research topic is to reflect the importance and necessity of investing in investments in education as the main factor in the economic development of the country. To achieve this goal, the following tasks are set: justification of the need to invest in education; disclosure of the prospects for investing in education. Methods. During the research, various techniques and methods were used, the main of which are economic and statistical: deduction and induction, analysis and synthesis, statistical analysis. The empirical basis of the study was the data of the Eurasian Economic Union, the Department of Statistics of the Republic of Kazakhstan for 2017-2021, scientific publications of economists dealing with the problems of attracting investment in the development of human capital. Results. Based on the conducted research, the results of the study are considered, the main of which are changes in investment directions in education by attracting investments in both formal and additional vocational education, as well as development prospects
About the Authors
Saltanat Baidybekova
Zhetysu University named after I.Zhansugurov Taldykorgan
Kazakhstan
Kazakhstan
candidate of cconomics, associate professor, Email: b-saltanat@mail.ru
Sandugash Sauranbay
Dinara Yermekbayeva
Kenzhegali Sagadiyev University of International Business, Almaty
Kazakhstan
Kazakhstan
PhD, associate professor, Email: ermekbaevad@mail.ru
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Review
For citations:
Baidybekova S., Sauranbay S., Yermekbayeva D. Investment in Education as a Factor of Economic Growth of the Country. Eurasian Journal of Economic and Business Studies. 2022;66(4):105-114. https://doi.org/10.47703/ejebs.v4i66.194
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