Education is an inevitable aspect for any country and without it; no country can flourish and grow effectively. Therefore, the quality of education must not be compromised. As the impact of human development, public spending on education and trained teachers’ availability is being studied in context of quality of education, a whole study and research plan has been prepared by the author. Data collection process involves the gathering of data from Asian countries for 25 years from reliable data bases. After data collection, several tests and approaches were used for the analysis of data. LLC unit root test was applied for order of integration and stationarity of data, Kao cointegration test was applied to find out cointegrated and long run relationships between the variables and finally DOLS estimation approach was used to measure the relationship between the variables. According to the results of these tests, it has been found that the variables that have significant impact on quality of education include human development, public spending on education, trained teachers’ availability and literacy rate. In the last, several theoretical, practical and policy making implications have been discussed by the author. Different limitations have also been identified and future research recommendations have also been given for the assistance of other researchers.
Education is an inevitable aspect for any country and without it; no country can flourish and grow effectively. Therefore, the quality of education must not be compromised. As the impact of human development, public spending on education and trained teachers’ availability is being studied in context of quality of education, a whole study and research plan has been prepared by the author. Data collection process involves the gathering of data from Asian countries for 25 years from reliable data bases. After data collection, several tests and approaches were used for the analysis of data. LLC unit root test was applied for order of integration and stationarity of data, Kao cointegration test was applied to find out cointegrated and long run relationships between the variables and finally DOLS estimation approach was used to measure the relationship between the variables. According to the results of these tests, it has been found that the variables that have significant impact on quality of education include human development, public spending on education, trained teachers’ availability and literacy rate. In the last, several theoretical, practical and policy making implications have been discussed by the author. Different limitations have also been identified and future research recommendations have also been given for the assistance of other researchers.
Our paper focuses on the threats to the global development and sustainable economic development of a country that might include economic, political, human development, as well as sustainable development issues and problems. Sustainable economic development might serve as a tool for fostering the country’s prosperity and helping it to overcome various threats that might stem from its geolocation, economic situation, natural resources, as well as many other internal and external factors that all play their decisive roles. The paper uses a case study of the United States as an example of the country vulnerable to a plethora of threats. It analyzes the most crucial threats one by one and classifies the most notorious and impending issues stemming from these threats that might hamper the economic growth and development. In particular, we focus on the issue of energy security and the renewable energy sources (RES) that represent an important aspect in this debate and research. Our results can be used by the policymakers as well as regional development managers for improving the security strategy.