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

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Keywords:

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

Abstract

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.

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How to Cite

Influence of education on standard of living (considering African states). (2016). The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, 5, 32-34. https://periodicals.karazin.ua/irtb/article/view/6609