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The Impact of Education on the Socioeconomic and Political Development of a Nation

Wilfred V. Rios | Virgilio Lumayno | Ma. Teresa T. Barola | Joel S. Estorosos

Discipline: Social Science

 

Abstract:

Education is a basic means to reduce the level of poverty for each country. With an improved education, all other areas are directly or indirectly affected. Thus, educational attainment is a key constituent which triggers other areas of human development to flourish. This study aims to explore the impact of the educational attainment of a country relative to its income, health, demography and political instability by using a multivariate clustering method in deriving the relationship among the variables. Educational accomplishments imply better income, healthier citizens and politically stable country. Therefore upgrading the nation’s educational system is hypothetically syllogistic to socioeconomic and political progress.