Research Article

Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD

Volume: 5 Number: 1 May 30, 2022
TR EN

Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD

Abstract

As of today, education-based investments are among the basic components for determining the development level of countries and realizing their economic goals. Investments made for educational purposes are perceived as the main elements of growth due to their positive impacts on productivity, as well as providing individuals and society with benefits. Education expenditures directly affect the national income and production levels of the country, enhance the living standards, and stimulate factors such as knowledge and invention. The study aims to compare the importance and competence attached to education in Turkey with other OECD countries within the last decade. To this end, the educational statistics obtained from the OECD website were primarily utilized in the study, and then Turkey and OECD-member countries were compared in terms of education levels and expenditures. Upon evaluating the data obtained as a result of the study, it is seen that education expenditures are insufficient in Turkey, the importance attached to education remains at quite a lower level compared to the OECD-member countries, and Turkey’s problems in the field of education have begun to become inveterate.

Keywords

References

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  6. Bozkurt, C. (2015). Information-communication, education, health and economic growth relationship in Turkey: An Empirical Approach. Journal of Business and Economics Studies (JBES), 3(2), 45-56.
  7. Cheng, B.S. & Hsu, R.C. (1997). Human capital and economic growth in Japan: An application of time series analysis. Applied Economic Letters, 4, 393-395.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

May 30, 2022

Submission Date

April 5, 2022

Acceptance Date

May 30, 2022

Published in Issue

Year 2022 Volume: 5 Number: 1

APA
Cinel, E. A. (2022). Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD. Journal of Social Sciences And Education, 5(1), 1-13. https://doi.org/10.53047/josse.1098877
AMA
1.Cinel EA. Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD. JOSSE. 2022;5(1):1-13. doi:10.53047/josse.1098877
Chicago
Cinel, Emek Aslı. 2022. “Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD”. Journal of Social Sciences And Education 5 (1): 1-13. https://doi.org/10.53047/josse.1098877.
EndNote
Cinel EA (May 1, 2022) Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD. Journal of Social Sciences And Education 5 1 1–13.
IEEE
[1]E. A. Cinel, “Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD”, JOSSE, vol. 5, no. 1, pp. 1–13, May 2022, doi: 10.53047/josse.1098877.
ISNAD
Cinel, Emek Aslı. “Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD”. Journal of Social Sciences And Education 5/1 (May 1, 2022): 1-13. https://doi.org/10.53047/josse.1098877.
JAMA
1.Cinel EA. Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD. JOSSE. 2022;5:1–13.
MLA
Cinel, Emek Aslı. “Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD”. Journal of Social Sciences And Education, vol. 5, no. 1, May 2022, pp. 1-13, doi:10.53047/josse.1098877.
Vancouver
1.Emek Aslı Cinel. Overall Outlook of Education and Its Impact on the Economy in Turkey and OECD. JOSSE. 2022 May 1;5(1):1-13. doi:10.53047/josse.1098877

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