Importance Of Education In Developing Countries

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Importance of education in socio-economic development of countries and in particular developing ones cannot be overemphasized. However, a major concern that has emerged over the last decade has been the need to ensure that children are given the requisite opportunity to access basic education in their respective communities. Children constitute the future human capital of the society and therefore have potential to exert significant impact on the growth and development of the economy, children’s full participation in basic education is a sine qua non for societal progress (SACKEY, 2007). A deterrent to this is child labour which is one of the most pervasive development problems of poor as well as developing countries. It impact on the physical, mental, and psychological development of the labouring child and hinders human capital formation by leaving the working child with little time or stamina to focus on education, thereby perpetuating poverty into future generations (RAVALLION AND WODON 2000).
Notwithstanding universal agreements on the negative impact of child labour, there are millions of child labourers ‘employed’ both in the visible and invisible sectors. A number of factors are responsible for the high incidence of child labour in developing countries, many attributing this to poverty and poverty-related factors. It is argued that households that do not have enough resources to sustain the family have no choice but make their children engage in various activities

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