Research Information System
International Journal of Innovative Technologies in Economy, vol.2, no.23, pp.41-47, 2019 (SSCI)
ABSTRACT
This article indicates the results a comparative analysis the financing of the
advanced countries of the world and similar indicators of Azerbaijan during
the period active development of education and modernization of the
economy. The methodology work is the fundamental works of foreign
scientists, such as reports of the Organization for Economic Cooperation and
Development (OECD), human development index indicators in the field of
determining and assessing the dependence of socio-economic development
on public investment in education. It is displayed that Azerbaijan has
resources and potential for growth of human capital, for social and economic
development of the country. On the basis of the research, some conclusions
and proposals are presented that contribute to improving the prospects for the
economic development of Azerbaijan.