This is a good topic, you'll just want to pick some specific countries as your focus. Perhaps one that has improved it's economy/freedom with education and one that has limited education and a low standard of living/freedom.
That will be a good one. I would pick two or three different countries that each have different political/educational systems and compare/contrast them.
If you find it hard to write an 8-10 page paper on just education and how it improves the economy you could think about doing human capital in general. Education being one of the key characteristics that helps someone to improve his or her human capital.
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