Revolutionizing Economies Through Education: A Pathway to Global Progress

Authors

  • Lourene B. Barayuga Teacher III, San Fernando North Central Elementary School, North Poblacion, San Fernando, Cebu Author
  • Regina P. Galigao Professor, Cebu Technological University-Main Campus, Cebu City, Philippines Author

DOI:

https://doi.org/10.5281/zenodo.14835235

Keywords:

Education, Economic Prosperity, Human Capital, Inequality, Sustainable Economic Growth, Social Mobility, Technological Advancement

Abstract

Education is a fundamental source of economic prosperity and a critical enabler of global advancement. This research focused how education, namely the ability to develop human capital, enhances sustainable economic growth across countries. Education enables individuals to contribute to high-value businesses and adapt to technological advancement, resulting in national prosperity. The study uncovered the impact of education in reducing inequality, fostering social mobility, and strengthening social cohesion, all of which constitute essentials for sustainable and equitable growth. Additionally, the paper discussed the broader socio-economic benefits of education, including improved governance and the creation of a more equitable society. In an increasingly interconnected world, this analysis underscores the importance of education as a pathway to economic competitiveness, poverty alleviation, and sustainable development. Inevitably, it argues that revolutionizing economies through education is not only crucial for economic growth but also for achieving long-term global progress in equity, innovation, and environmental sustainability.

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Published

2025-02-08

How to Cite

Barayuga, L. ., & Galigao, R. . (2025). Revolutionizing Economies Through Education: A Pathway to Global Progress. International Multidisciplinary Journal of Research for Innovation, Sustainability, and Excellence (IMJRISE), 2(2), 106-115. https://doi.org/10.5281/zenodo.14835235