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The assessment of the impact of the education system on the economic competitiveness of the Republic of Kazakhstan

Abstract

This article is devoted to assessing the impact of the education system on the economic competitiveness of the Republic of Kazakhstan. To date, the problem is very relevant, because currently the world economy is undergoing qualitative changes associated with globalization, uneven development, strengthening the struggle between the trends of formation of a unipolar and multipolar world, increasing competition between countries, regions and firms. Currently, the world scientific, technical and socio-economic development is characterized by a radical change in the role of the human factor in the economy and society. The main factor of economic growth determining the future of the country is human capital. As international experience shows, the funds allocated to the education system have a significant impact on the country's economic growth. The organization for economic cooperation and development concluded that if the average training time of the population of a certain state lasts for one year, the country's GDP will increase by 3-6%. The increase in spending on education by 1% will lead to an increase in the state's GDP by 0,35%. In the article the assessment of the impact of the education system on the economic competitiveness of the Republic of Kazakhstan is carried out in accordance with the WEF rankings by level of education and costs of the world countries in 2018 and the statistical compilations of the Statistics Committee of the Republic of Kazakhstan. The assessment results show that in order to have competitive specialists in the country and develop the economy, it is necessary to spend more money on education.

About the Authors

A. B. Baimbetova
L.N.Gumilev Eurasian National University named after
Kazakhstan


N. D. Yesmagulova
L.N.Gumilev Eurasian National University named after
Kazakhstan


L. M. Baitenova
University Narxoz
Kazakhstan


A. M. Berzhanova
L.N.Gumilev Eurasian National University named after
Kazakhstan


References

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Review

For citations:


Baimbetova A.B., Yesmagulova N.D., Baitenova L.M., Berzhanova A.M. The assessment of the impact of the education system on the economic competitiveness of the Republic of Kazakhstan. Bulletin of "Turan" University. 2019;(2):271-276. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)