Education and Economic growth
Relation between education and economic growth in KPK
Concept Note:
My research is about the educational issues in Kp, I want to identify that education have positive or negative impact on growth in GDP. All around the world in now a day’s education is considered as the most important and working tool in controlling the problems like poverty, economic issues etc. Education is playing a vital role in developing human capital by increasing skills and producing/innovating new technology. Education help’s the new generation to tackle the problems like income distribution, gender inequality, inflation, unemployment etc.
1. Introduction
Around the globe in now a day’s world education is considered as one of the most dominant tool in the control of unhealthy economic activities such as poverty and promoting competition etc. Education helps in the promoting of economic growth and developing human capital by increasing skills and developing technology. It plays a great role for the coming up generations to cover up with the difficulties in economic growth. As for poor country like Pakistan education is a key to the economic development and reduction of inequalities in income distribution. The governmental institutions are making a lot of efforts to increase the quality and quantity of education but introducing technology and providing new facilities in the limited possible time, the literacy rate of children 10 y/o and above was forty five 45 % in the year 2001-02, and later the overall literacy rate was fifty five 55% in 2006-07, which indicated a big increase of ten 10% only in six 6 years.
In the past few years we have observed that there is a change in real growth due to the changes in education: 3.8% growth in Real GDP (2010 est.) with increase in literacy 66%, 1.7% growths in Real GDP (2009 est.) with increase in literacy 45%.
In order to attain a sustainable development and growth, we should tend towards poverty reduction and the development of social
Concept Note:
My research is about the educational issues in Kp, I want to identify that education have positive or negative impact on growth in GDP. All around the world in now a day’s education is considered as the most important and working tool in controlling the problems like poverty, economic issues etc. Education is playing a vital role in developing human capital by increasing skills and producing/innovating new technology. Education help’s the new generation to tackle the problems like income distribution, gender inequality, inflation, unemployment etc.
1. Introduction
Around the globe in now a day’s world education is considered as one of the most dominant tool in the control of unhealthy economic activities such as poverty and promoting competition etc. Education helps in the promoting of economic growth and developing human capital by increasing skills and developing technology. It plays a great role for the coming up generations to cover up with the difficulties in economic growth. As for poor country like Pakistan education is a key to the economic development and reduction of inequalities in income distribution. The governmental institutions are making a lot of efforts to increase the quality and quantity of education but introducing technology and providing new facilities in the limited possible time, the literacy rate of children 10 y/o and above was forty five 45 % in the year 2001-02, and later the overall literacy rate was fifty five 55% in 2006-07, which indicated a big increase of ten 10% only in six 6 years.
In the past few years we have observed that there is a change in real growth due to the changes in education: 3.8% growth in Real GDP (2010 est.) with increase in literacy 66%, 1.7% growths in Real GDP (2009 est.) with increase in literacy 45%.
In order to attain a sustainable development and growth, we should tend towards poverty reduction and the development of social