Abstract:
At all levels of human capital, includes additional qualified labor resources, quality of life, tools and
technologies that ensure the implementation of competitive advantages of national HC, effective functioning
of HC as an intensive factor in innovation, intellectual work and development. National human capital is
formed through investments in upbringing, education, culture, public health, professionalism, raising the
standard and quality of life of the population.
The human resources of Estonia, Latvia and Lithuania are the most valuable assets of these countries. As
small countries with relatively limited natural resources, the future of the Baltic countries will depend on the
knowledge and skills of their people.
The article aims to assess the control of employment protection regulation, one of the most important
aspects of labor market flexibility, and the degree of its actual enforcement, for the Baltic States. Conclusions
are made regarding the compliance of the level of the education system in the Baltic countries with the
international requirements of the labor market.
Progress in education reform in the Baltic counters depends on reforms in other areas of public policy.
These areas include public administration reform, alignment of public service policy and public financial policy
with education reform.
The regulation of labor relations in the Baltic counters generally complies with international standards. As
for laws, most regulations are due to special laws on labor relations, and labor relations are regulated by labor
contracts.
Description:
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