The quality of education as a foundation for economic growth and development

The key driver of a country's economic growth and development lies in its human capital. By improving the education system, conditions are created for developing a highly qualified workforce, which is a crucial resource for socio-economic progress. This paper emphasizes the significance of human development in fostering economic growth. The influence of education is reflected in enhanced productivity, innovation, and the transfer of knowledge. Aligning professional profiles with labor market opportunities and demands is one of the core responsibilities of the entire education system. To achieve sustainable economic growth and development, it is essential not only to improve the quality of the education system but also to strengthen employee competencies through training programs and the adoption of lifelong learning. Developing employees' skills creates opportunities for new jobs and higher employment rates. A high-quality education system is one of the strategic goals Serbia should pursue on its path toward economic growth and development.