Browsing by Author "Kharaishvili, Medea"
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Item The factor of human capital in economic development and employment policy challenges(Ivane Javakhishvili Tbilisi State University Press, 2021) Kharaishvili, MedeaThe article assesses the factor of human capital in economic development. The needs of employment policy in Georgia have been identified. The sources of the formation of this capital have been studied to explain the impact of the human capital factor on economic growth. The human capital is analyzed as determining factor of economic growth, innovative development and competitiveness of the national economy. Based on the study of various aspects of human capital theory, it is argued that modern economics requires a significantly higher degree of human capital. Based on these requirements, the modern views of scientists on the impact of human capital on economic growth are discussed. Considering the human capital factor, the need to develop effective economic policy mechanisms for employment is justified. The paper draws conclusions and develops recommendations on effective impact on the economic development of the human capital factor and the development of employment policies.