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Economic Growth, Natural Mineral Resources And Education In Developing Countries, Kasimu J. Mayundo Aug 2016

Economic Growth, Natural Mineral Resources And Education In Developing Countries, Kasimu J. Mayundo

Applied Economics Theses

The contributions of education in achieving the modernization of developed countries has attracted much attention. Perhaps, underdeveloped countries have provided a limited contribution toward economic development and growth because educational funding was not a priority. Therefore, some underdeveloped countries, including the Democratic Republic of Congo, rely heavily on their natural resources for economic development and growth, minimizing the importance of high quality education in economic growth.

The question is: Why has the Democratic Republic of Congo not been able to transform its abundant resources into a blessing for a prosperous nation? And how does education contribute to economic growth and …