HUMAN CAPITAL AND ITS ROLE IN ECONOMIC DEVELOPMENT
Keywords:
human capital, economic development, education investment, labor market, economic growthAbstract
This article examines the relationship between human capital and economic development. The aim is to assess the impact of human capital investments on economic growth. The topic is highly relevant for developing economies. The study applies a comparative and empirical approach. Panel data and statistical methods are used. Results show a positive effect of human capital on growth. In Uzbekistan, this effect remains limited. The need to improve investment efficiency is concluded.
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