education, knowledge economy, economic freedom, human capital, international integration
Abstract
This paper examines the role of education as a key driver of the knowledge economy and its impact on global economic development. The study applies a comparative approach, analyzing groups of countries with different socio-economic contexts, including European states, highly developed economies, and Middle Eastern countries. The analysis is based on international indices such as the Index of Economic Freedom (IEF), complemented by the concept of information entropy as a measure of uncertainty within educational and socio-economic systems. The paper also highlights Ukraine’s position within global transformations. Despite structural challenges such as underfunding, uneven access to information resources, and external informational pressures, Ukraine shows potential for development through digitalization, international integration, and human capital growth. Strategic reforms aimed at reducing informational entropy, strengthening institutional capacity, and enhancing international cooperation are essential for transforming education into a catalyst of economic resilience and sustainable progress.
Author Biographies
Yelyzaveta Mykhailova, National University of Water and Environmental Engineering, Rivne
Doctor of Economics, Candidate of Philological Sciences (Ph.D.), Associate Professor
Igor Tymoshchuk, National University of Water and Environmental Engineering, Rivne
