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Education and Economic Growth in Uzbekistan

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Ochilov A.
Perspectives of Innovations, Economics and Business
|
2012
|
vol. 12
|
issue 3
21-33
EN
Education is admitted to be one of the fundamental determinants of social and economic progress of any nation. In particular, the quantity and quality of education may have significant effect on economic growth. The research attempted to determine the existence of correlation between quantity/quality of education and the economic growth in Uzbekistan. Regression estimation with GDP growth as dependent variable and school enrollment rates as well as pupils-to-teacher ratio as independent variables revealed weak relationship between education and economic growth in Uzbekistan.
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