THE CURRENT STATE OF HUMAN CAPITAL DEVELOPMENT IN THE ECONOMY OF UZBEKISTAN
Keywords:
Human capital, economic growth, Third renaissance, human resource management systemsAbstract
This article examines the introduction of a modern system for developing human capital and its application in the conditions of Uzbekistan, considering the views of both foreign and local scholars. It also highlights the approaches to human capital development, the challenges of implementing them in Uzbekistan, and provides suggestions. The prosperity of any country depends not only on the amount of income but also on how effectively that income is utilized. Income alone does not guarantee human development. Thus, there are two characteristics of human development that need to be distinguished: the formation of opportunities and the use of those opportunities. Human development involves not only ensuring economic growth but also ensuring the fair distribution of its outcomes.
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