THEORETICAL APPROACHES TO THE STATE POLICY OF FORMATION, ACCUMULATION AND USE OF HUMAN CAPITAL IN THE CONDITIONS OF SOCIO-ECONOMIC DEVELOPMENT

Authors

DOI:

https://doi.org/10.36690/2674-5216-2023-1-30

Keywords:

state policy, socio-economic development, formation, accumulation and use of human capital

Abstract

Realization of the ability to work as a qualitative characteristic of the workforce allows us to understand the reasons and driving forces for the development of the innovative economy. The purpose of the article is to generalize and improve theoretical approaches to the state policy of formation, accumulation and use of human capital in the conditions of socio-economic development. The theoretical and methodological basis of the research was the fundamental provisions, concepts, hypotheses and approaches to the management of human capital for the benefit of innovative development, set forth in the works of the classics and modern domestic and foreign scientists. The research is based on the methods of comparative, dynamic and comparative analysis, decomposition method, monographic research. Collective human abilities, distinguished by the continuity of cognition, understanding of the acquired knowledge, and their creative use are the labor potential of the socio-economic system, which characterizes the possibility of the development of this system. The conversion of human capital into labor resources is determined by the labor force index. The labor force is the able-bodied part of the country's population, which, due to mental, physiological and intellectual qualities, is able to produce material goods or services. Labor resources include the population capable of working. These are, first of all, people of working age, as well as working pensioners, teenagers, and immigrants. In the system of state statistics, the labor force is called "economically active population". A feature of developed countries is a high share of employees, less developed - self-employed, primarily due to the large number of self-employed households. It has been established that countries that rely on social and economic development on human capital formed through the education system become leaders. The functions of education are realized in various forms of individual benefits and public benefits at the corporate, regional, national and global levels. Public goods are recognized as collective goods that relate to the social. They characterize the development of society in general: social solidarity, equality in rights and self-determination of people, social and geographical mobility (freedom of movement), general knowledge and the possibility of participation in the discussion. Common goods can only be created jointly. Some are aimed at the individual (eg human rights) and some at groups of people (eg laws).

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Author Biography

Olga Krasko, National University of Civil Defense of Ukraine

Postgraduate student, National University of Civil Defense of Ukraine, Kharkiv, Ukraine

References

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Published

2023-03-30

How to Cite

Krasko, O. (2023). THEORETICAL APPROACHES TO THE STATE POLICY OF FORMATION, ACCUMULATION AND USE OF HUMAN CAPITAL IN THE CONDITIONS OF SOCIO-ECONOMIC DEVELOPMENT. Public Administration and Law Review, (1), 30–36. https://doi.org/10.36690/2674-5216-2023-1-30

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Section

CHAPTER 1. MODERN TRENDS IN PUBLIC ADMINISTRATION