Education: The Key Contributor to a Country's Development

Topics: United Nations, Education, Psychology Pages: 5 (1708 words) Published: September 17, 2015
Education is the single most important factor in the development of a country. The prolonged debate pertaining to whether education remains the single most important factor in development persists. There can be no definite and absolute answer but there can, most certainly, be a well-argued answer. However, it is more important that what we understand of development. Development is the journey towards unending success which leads to higher standards of living. It is unending success because one is not satisfied with ones achievements, instead thirst increases to achieve more of it. And undoubtedly the contribution of education towards development is primary and most significant. It is the education which not only paves our ways towards the economic but also towards moral, social, political and intellectual development. And here again education is a broader concept which contains both formal and informal. Therefore, one can say that education is the single most important factor in the development of a country. Economic development is the process whereby simple, low-income national economies are transformed into modern industrial economies.i Now a days the nations are growing fast and economies are globally integrated. The impact of boosting economies is greater on the developing economies. The result is the decrease in value of money of developing economies and other consequences are devastating in the shapes of inflation and poverty. Therefore it is vital for emerging nation that they should invest more in the human resource by providing better education and training. The productivity is directly linked with education because if workers are well educated then they are better at understanding the aims and objectives of an organization. As education enhances the technical knowhow, communication and interaction skills so it is more likely that they are offered high wages. These high wages induce a level of dedication and sincerity to their work. They are not only willing to do more work but also in an efficient and effective manner. Though some critics are of the opinion that low level management or the operational management do not require any necessary education to perform their tasks. They say that workers should be good enough to run the machines and do their assigned tasks in a manner in which they are trained. But they are neglecting the most vital thing i.e. creativity. If the worker are allowed to think and create new ideas besides performing their duties, this is in the best interest of relevant organization and country. First, because every organization wants to maximize its profit. As profit is directly linked with efficient and just-in-time inventory production which is the responsibility of main stream of workers, so the idea of not giving education to lower level of management loses its reliability. Second, higher profits would yield more tax revenue which in return would be available with the government to spend on the infrastructure of country to increase of standards of living of its inhabitants. Here, one thing is worth mentioning that education does not means technical know-how but also guiding and equipping employees with high moral standards also lies in the domain of education. The interaction of staffs with customers is the index of an organizational moral enrichment and it is one of the best things to attract the people by remaining in touch with an excellent value system and code of conduct. Another dimension is that education broadens the horizon of your conceptual understandings and knowledge and certainly creation of new technology is the outcome of it. New technology will bring a shift in the labors’ intensive to capital intensive work. Economic growth will also be one of the good results of new technology. As a whole economic growth will result in the advanced and well-off society. It is the greatest dilemma and a worldwide issue that many people are morally corrupt. They benefit at the expense of...
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