Economics, Econometrics and Finance
6 years ago

Government spending on higher education in Iraq fails to boost economic growth.

Tikrit Journal Of Administrative and Economic Sciences
Measuring the Impact of Government Expenditure on Higher Education and its Relationship to Economic Growth in Iraq for the Period (2000-2015)
Mokeaf Jassim Hamad, Wisam Ahmed Askar

Paper Summary

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The study looked at how government spending on higher education in Iraq affects the country's economic growth from 2000 to 2015. They found that while spending on higher education was positive, it didn't have a significant impact on the economy due to inefficient distribution of funds. Investing more in higher education could help boost economic growth by improving the skills of the workforce and fostering collaboration between educational institutions and businesses. The study suggests increasing government spending on higher education to enhance economic development and updating educational curricula to keep pace with advancements in other countries.