Education and Economic Growth in Nepal

Abstract

This article identifies the situation of education and economic growth and the relationship between education and economic growth in Nepal. Education is one of the primary components of human capital formation, which is an important factor for human development. Human capital is essentially important in achieving a sustainable economic growth; however, this article analyzes the connection of education with economic growth and economic growth with education. Some recommendations for government at all levels should increase their funding on different areas of education in the country.

Keywords: Education, economic growth, transmission, knowledge, skills, human capital