EDUCATION, POVERTY AND THE TRAP OF POOR COUNTRIES IN THE FACE OF DEVELOPMENT

Abstract

This article aims to identify the level of incidence of social and economic variables on education, considering the existence of a cumulative circular causation, in order to point out public policy recommendations to improve people's well-being and thus increase Indicators of development, especially in educational matters. An econometric analysis integrates available information from 128 countries between the period 2010-2015. The results show different effects on the level of incidence of social and economic variables between rich and poor countries.

Keywords

• Cumulative Circular Causation
• development
• econometrics
• literacy
• poverty trap