Influence of education on standard of living (considering African states)

Keywords: educational system, human capital, determinant of economic well-being, literacy rate, standard of living, high technology production, prosperous economy functioning


Education is one of the most considerable area of state’s functioning and regulation, since its successful activity leads to development of all the realms of governmental activity, forming the human capital which is the most valuable country’s resource. Authors are going to confirm the mentioned above statementin this research, using the example of African states.


Download data is not yet available.


Sahlgren, G. H. (2014) Incentive to Invest? How education affects economic growth. London: Adam Smith Institute.

Hanushek, E. A. and Wößmann L. (2010) Education and Economic Growth. In: P. Peterson, E. Baker, B. McGaw, ed. International Encyclopedia of Education, Vol. 2. Oxford: Elsevier, pp. 245-252.

MDG Report 2015 : Assessing Progress in Africa toward the Millennium Development Goals // United Nations Economic Commission for Africa, African Union, African Development Bank and United Nations

Development Programme Addis Ababa: ECA Documents Publishing Unit [Electronic resource]. – Way of access :

International Human Development Indicators (2014 ) // UNDP Human Development Reports [Electronic resource]. – Way of access :

Van Fleet, J. W. Africa’s Education Crisis: In School But Not Learning (2012) // Brookings [Electronic resource]. – Way of access :

Adult and youth literacy (2013)[pdf] //UNESCO Institute for Statistics[Electronic resource]. – Way of access :

Education: Literacy rate(2015) // UNESCO Institute for Statistics [Electronic resource]. – Way of access :

Country comparison: GDP (purchasing power parity) (2014) // CIA [Electronic resource]. – Way of access :

International Statistics on Crime and Justice (2010) // European Institute For Crime Prevention and Control, affiliated with the United Nations [Electronic resource]. – Way of access :

International_Statistics_on_ Crime_and_Justice.pdf
Preventing suicide: a global imperative (2015) // World Health Organization [Electronic resource]. – Way of access :
How to Cite
Kazakova, N., & Kravets, M. (1). Influence of education on standard of living (considering African states). The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (5), 32-34. Retrieved from