Education and Tax System Key to Poverty Reduction and Global Competitiveness
The paper discusses how education impacts a country's economic development through human capital. By investing in education, a nation can increase its tax revenue, reduce poverty, and improve overall competitiveness. A well-designed tax and transfer system, along with public-private partnerships in education, can lead to sustainable growth and lower the burden on the working population. This model provides a comprehensive analysis of factors influencing development and offers insights for improving existing policies.