Education is a major goal of many developing countries because it is a key driver of economic growth, social development, and poverty reduction. A well-educated population contributes to a more skilled workforce, which can attract foreign investment and boost the local economy. According to UNESCO, every additional year of schooling can increase a person's income by up to 10%, demonstrating a clear link between education and economic prosperity.
Education also plays a crucial role in promoting social equity and reducing inequality. It empowers individuals with the knowledge and skills needed to improve their quality of life and break the cycle of poverty. Furthermore, the United Nations Sustainable Development Goals (SDGs) emphasize the importance of education in achieving broader global goals, such as gender equality and reduced inequalities.
Additionally, education fosters political stability and social cohesion in developing countries. A more educated population is better equipped to participate in democratic processes, leading to more stable governance and reduced conflict. The World Bank highlights that education can promote tolerance and understanding among different groups, contributing to a more harmonious society.
Thus, by focusing on improving education, developing countries aim to create a solid foundation for long-term growth and stability. This approach aligns with international goals and the recognition that education is a critical component of sustainable development.