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Journals / International Journal of Social Sciences and Education Research / 2019 / Cilt: 5 - Sayı: 3

Education and knowledge are fundamental to social justice and economic growth

Aicha EL ALAOUİ
Pages
279–293
Publication Date
2019-07-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

On the other hand, both improvements in knowledge and education can increase GDP per capita to thirteen times what it was.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper tries to explain that both knowledge and education are the way to increase economic growth and social justice.
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Key Findings & Data:These data are from the Social Progress Imperative Organization (2018).
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Conclusion & Impact:On the other hand, both improvements in knowledge and education can increase GDP per capita to thirteen times what it was.
🔬Design:Research Article
📍Scope:2018 Verileri
⚙️Variables:Knowledge · Education · Economic Growth

Abstract

This paper tries to explain that both knowledge and education are the way to increase economic growth and social justice. We have used the panel data to check the relationships between four indicators: knowledge, education, economic growth, and social justice. These data are from the Social Progress Imperative Organization (2018). We have used the statistic method (mode, quartile, and decile) to analyze our data though they are not enough. So, we found that 54 countries in the world have the lowest revenue between $600 and $9,300. They set forth almost 43% among 126 countries. In this modal class, about 6% have the lowest rate SPI (Social Progress Index) in the world - it is between 20 and 40-, and more than 94% have a rate SPI between 40 and 80. The results of the OLS regressions show that the improvement of social progress can increase GDP per capita to seven times what it was. On the other hand, both improvements in knowledge and education can increase GDP per capita to thirteen times what it was.

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Cite This Article

ALAOUİ, A. E. (2019). Education and knowledge are fundamental to social justice and economic growth. International Journal of Social Sciences and Education Research, Cilt: 5 - Sayı: 3, 279–293. https://ajindex.com/articles/414586

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