ABSTRACT
Economic globalization has increased competition within and between countries and the world’s regions. Economic competitiveness is commonly seen as a valid index for judging a country’s level of economic prosperity. There is also the argument that both primary and secondary school education significantly contribute to economic development and growth. This position recognizes people as human capital and demonstrates how increased investment in knowledge, skills and health provides future returns to the economy through increases in labour productivity (Cohen and Soto, 2007).
