ASSESSING THE IMPACT OF THE EDUCATION SECTOR ON THE ECONOMIC DEVELOPMENT OF THE COUNTRY

J.S. Mirzabekova

Journal number 3 ∘ J.S. Mirzabekova ∘
ASSESSING THE IMPACT OF THE EDUCATION SECTOR ON THE ECONOMIC DEVELOPMENT OF THE COUNTRY

journal N3 2025

DOI: 10.52340/ekonomisti.2025.03.07

Abstract: The article “Assessment of the impact of the education sector on the economic development of the country” examines the assessment of the impact of the education sector on the economic development of the country. It has been shown that education is a continuous process that promotes the development of psychological, social, and physical aspects of human development. Changes in the education system will contribute to increasing the efficiency of using the human factor, changing its qualitative component in order to ensure sustainability in the country\\'s economic development. The importance of such concepts as professionalism, potential, competence, and qualifications is increasing, contributing to increased efficiency, productivity, performance, and effectiveness. However, it is necessary to take into account the obstacles that arise in the education system due to the increasing complexity of the situation and the growing uncertainty in global development. The inefficiencies that have developed in the education system are linked to institutional traps in the education system.

Key words: education, economic development, traps, innovation, efficiency, human factor, effectiveness.

EKONOMISTI The international scientific and analytical, reviewed, printing and electronic journal of Paata Gugushvili Institute of Economics of Ivane Javakhishvili Tbilisi State University

DOI: 10.52340/EKONOMISTI DOI: 10.36172/EKONOMISTI E ISSN 2346-8432 Print ISSN 1987-6890	Journal number 3 ∘ J.S. Mirzabekova ∘ ASSESSING THE IMPACT OF THE EDUCATION SECTOR ON THE ECONOMIC DEVELOPMENT OF THE COUNTRY journal N3 2025 DOI: 10.52340/ekonomisti.2025.03.07 Abstract: The article “Assessment of the impact of the education sector on the economic development of the country” examines the assessment of the impact of the education sector on the economic development of the country. It has been shown that education is a continuous process that promotes the development of psychological, social, and physical aspects of human development. Changes in the education system will contribute to increasing the efficiency of using the human factor, changing its qualitative component in order to ensure sustainability in the country\\'s economic development. The importance of such concepts as professionalism, potential, competence, and qualifications is increasing, contributing to increased efficiency, productivity, performance, and effectiveness. However, it is necessary to take into account the obstacles that arise in the education system due to the increasing complexity of the situation and the growing uncertainty in global development. The inefficiencies that have developed in the education system are linked to institutional traps in the education system. Key words: education, economic development, traps, innovation, efficiency, human factor, effectiveness.