The role of education in achieving economic development with reference to the South Korean experience

Abstract

The research dealt with the impact of education and its pioneering role in achieving economic development, with the help of a successful experience achieved in South Korea, which led to the latter being transferred from a backward, indebted country living under extremely difficult living conditions during the fifties and sixties specifically, to an advanced, creditor country whose economy occupies advanced ranks globally, all thanks to the use of a set of tools, foremost of which was raising the educational level and using technology, scientific research and innovation, and the great importance of this in pushing the wheel of the national economy forward, which led to a major economic development renaissance in this country, which consequently enabled it to manufacture almost everything thanks to its distinguished experience that made it the focus of the world’s countries seeking a better and more prosperous economic level