Competitiveness and education : an econometric viewpoint

15 p.Little literature exists with regard to the role education and human capital play in a country's competitiveness although many studies on the relationship between education and economic development can be found. By using regression analysis, it is possible to identify the importance of education, along with other factors, to a country's competitiveness as ranked by the World Competitiveness Report. Knowing this, policies can then be formulated and implemented to enhance a country's global competitive standing.BUSINES