Education, a pillar of economic and human development in Morocco

Abstract

This research is part of a perspective of highlighting the impact of education and training on the qualification and promotion of professional human resources skills. It also helps to highlight the dialectical and substantial correlation between the expansion of human capital and the economic, social and cultural development of different nations. Moreover, it is commonly accepted among the various political or economic actors that education and training is of major importance in the progress made by nations in the various sectors and even an essential vector of their rebirth. It shows that the governments of various countries are sparing no effort in investing heavily in this education sector. They do not care at all about the colossal budgets that this requires, and the immediate repercussions that they should imperatively generate on the economic and social aspects, as long as they are convinced that the good performance of the education system inevitably has repercussions in the short term, in the medium or long term in the various productive sectors, through the wealth they are likely to generate. This research is structured in two parts, one theoretical and another practical, as follows: the theoretical part emphasizes the key factors that intervene in the production of wealth and which consequently drive economic and social development, in this case, human capital and financial capital. The practical part is dedicated to a statistical study relating to the correlation between human capital and economic growth. The research is closed by certain suggestions inherent to the topic discussed in this article.