A country’s economy is only as strong as its education sector - ERDAL TANAS KARAGÖL

A country’s economy is only as strong as its education sector

Education and economics are closely related, as there is a strong correlation between them. The resources allocated to education also contribute to the growth of the economy, in other words, they contribute to production and increase income, and this is a long-term contribution. Meanwhile, the allocation of a large amount of resources and continuous spending on education will positively and beneficially affect production.

The rise in gross domestic income and income level in developed countries is closely related to the amount of resources allocated and the importance they give to education.

Education increases countries' incomes in the long run, which leads to higher school enrollment in countries that allocate resources and funding for research and development.

Increasing the funding for research and development from the GDP will also lead to the possibility of training a qualified workforce, and thanks to the production efficiency achieved by the qualified production team, the GDP will rise rapidly.

Accordingly, the transition of middle-income countries to the category of high-income countries is directly related to the efficiency of production of an expert workforce, and closely correlated with the high value added.

Vocational education

In the same context, the importance of vocational education is increasing due to the increasing demand for professionals in the production and service sectors of developed countries.

It is only through vocational education that the presence and achievement of competitiveness and the provision of a qualified workforce within these sectors can be demonstrated.

The reasons for the increasing demand for qualified manpower in European countries are due to their lack of adequate manpower for their economies.

The shrinkage of the qualified workforce (both internal and external through immigration) in recent years has resulted in an ever increasing demand for skilled and professional workforce.

The imbalances in the services provided in the service sector in Europe demonstrate the growing need for a qualified workforce.

Therefore, the continuation of vitality and growth in the economies of many developed and developing countries, especially European countries, depends largely on the continuity of providing qualified and efficient manpower.

Qualified workforce in Türkiye

The diversification of economic sectors in recent years in Türkiye, and the increasing demand for qualified manpower to work in these new sectors, has increased the need for a manpower with vocational training.

To meet this growing need for a manpower with vocational training, especially industrial ones, the Turkish Ministry of Education has integrated vocational and technical education into central educational institutions.

Important steps

The importance of qualified manpower in low- and middle-income countries has become comparable to the importance of capital, in order to achieve a higher per capita income and then move to the category of high-income countries.

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