W11 Reading: Social development is Economic development - 2/ Joon Hee Lee

This article is an extension of the previous subject. The author thinks that the goals pursued by economic development are not much different from social development. And note the most important factor that makes this possible: 'education'. 

However, he says it's harder than he thought to be. 
The reasons are as follows. 
1. Economic development plays a big role in bringing about social development, but we can't guarantee how much this will return to economic benefit.
2. Investing in social development is obviously valuable, but running it efficiently and well is more complicated than expected.
In response, the author says increasing transparency in public funds will help. Finally, he once again stresses that there may be such difficulties, but this is possible, citing examples from various countries. 

I think the same is true of theory, as there are exceptions to all phenomena. Because each country is in different situations, the results cannot be the same even assuming the same attempt. I think it was a bit disappointing because it was an expected problem. However, reading this article seems to have helped me break away from the existing ideas that divided the economy and society separately.

On the other hand, I wondered if there was another link between education and society because of the text that focused only on education. Is there no other indicator to show the relationship between the two variables?

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