Журнал глобальной экономики

The Impact of Health and Education on Economic Growth and Labor Force Participation

Abstract

Maragos Paul*

This paper explores the significant impact of health and education on economic growth and labor force participation. By reviewing empirical studies and theoretical frameworks, it demonstrates how improved health and education levels can enhance labor productivity, stimulate economic development and increase labor force participation rates. The interplay between these factors is crucial for policymakers aiming to foster sustainable economic growth. The findings underscore the importance of investment in human capital as a strategy for boosting economic performance and addressing labor market challenges.