Education as an investment in the development of countries’ economies

Author:

Yermekbayeva D. D.1ORCID,Sauranbay S. B.2ORCID,Baidybekova S. K.3ORCID

Affiliation:

1. K. Sagadiyev University of International Business

2. Almaty Management University

3. Zhansugurov Zhetysu University

Abstract

The research topic is relevant due to the fact that the education system belongs to one of the main and important areas of sustainable development and improvement of countries. The purpose of the research topic is to reflect the role and attraction of investment in education as one of the main factors of sustainable economic growth and development, both of individual enterprises and society as a whole. The article reflects the importance and value of obtaining highquality education of the population at all levels of education. In the process of conducting research, it was revealed and noted that in order to improve the quality of education, it is necessary to attract investments in the form of investments. During the research, various methods and techniques were used, the main of which are: analysis and synthesis, deduction and induction, economic and statistical analysis, etc. The research materials of the scientific research were statistical data of the Eurasian Economic Union 2017–2021. According to the results of the research, the main ways of increasing the level of education, which has an impact on improving the quality of human capital: the formation of a single labor market in the Eurasian space, attracting investment in education, which will contribute to the growth of qualified and competitive personnel. Despite the fact that the issues of attracting investment in education as a basis for economic development are considered in the works of many academic economists, this problem is still relevant.

Publisher

Turan University

Subject

General Medicine

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