LEADING EXPERIENCE IN STATE MANAGEMENT OF INVESTING IN HUMAN CAPITAL DEVELOPMENT: PRACTICES OF THE CIVILIZED WORLD
Abstract
It has been established that studying how leading countries cope with integrating technology into the development of human capital provides strategic information for other countries seeking to modernize their economies. Objective. This includes the implementation of digital education tools, telemedicine, and other technological advancements that improve learning and health outcomes. Methods. It has been proven that understanding these integration strategies allows the state management system to make informed decisions about where to allocate resources to maximize the return on investment in human capital through technology. It is identified that the international experience of investing in human capital development means a broad range of practices, strategies, and policy decisions that are applied by various countries and international organizations to enhance the quality and efficiency of the workforce through education, health care, professional training, and other investments in human potential. Results. It is proven that global economic competitiveness increasingly depends on the quality of a country's human capital. Countries that effectively invest in their human resources develop a competitive advantage, creating a more innovative, adapted, and efficient economy. Scientific novelty. It is proven that the integration of these advanced investment strategies in human capital development enhances a country's global image and competitiveness. Practical significance. Such an improved perception can lead to expanded economic opportunities, including partnerships, trade agreements, and direct foreign investments, further promoting economic growth and stability. It is identified that implementing leading global practices in human capital development is not just about improving education or health standards but is a comprehensive strategy that catalyzes broader economic and social progress. These methods, if adapted and effectively implemented, have the power to transform countries, making them more resilient, competitive, and ready to tackle future challenges. By integrating the proven strategies and practices of more developed countries, countries can accelerate their development, improve the quality of life of their citizens, and increase their competitiveness in the global economy.
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