Human capital as a factor of public administration of socialization economy

Keywords: human capital, person, civil servant, public administration, public administration of socialization of economy, state, quality of index of economic freedom

Abstract

The article considers the theoretical aspect of defining the category of human capital. It is proved that the modern theory of human capital constantly needs to be studied together with the development of the world information community and knowledge economy. It is proved that the theory of human capital for Ukraine is first of all intelligence, health, knowledge, quality and productive work and quality of life. It is determined that the history of the theory of human capital is based on the achievements of institutional theory and other economic theories. It is determined that the criterion for improving the quality of human capital is a high index of economic freedom employee. The urgent problem of understanding the role of human-centeredness and the accumulated results of its intellectual activity on the pace and quality of development of society and socialization of the economy of public administration is considered. It is investigated that the concept of human development, human capital has become the best achievement of modern human civilization in the country and is an integral part of its national wealth. It is proved that the concept of human capital as the main strategic resource means the transition to the realities of Ukrainian society, human-centeredness, so a person as a civil servant and a citizen receiving quality services should be at the center of the socio-economic system. The concept of human capital as an idea, the efficiency of investment in human capital is considered and the economic approach to human behavior is formulated. It is substantiated that only positive (creative) human capital can be the best and most effective in the public administration of socialization of the economy. As a result of the study, it turns out that human capital has become a complex intensive factor in the development of the modern economy - the knowledge economy. It is noted that human capital is a set of investments in people, and in the public administration of socialization of the economy human capital increases its capacity for efficiency through education and skills, human capital is formed primarily through investment in improving the quality and quality of life in the country. We need to improve the efficiency of public administration of socialization of the economy through investment. It is argued that the criterion for improving the quality of human capital is a high index of economic freedom. It turns out that in Ukraine human capital is the main factor in the formation of public administration of socialization of the economy.

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References

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Published
2020-12-30
How to Cite
Shcherbakov, P. (2020). Human capital as a factor of public administration of socialization economy. Public Administration Aspects, 8(6), 239-246. https://doi.org/10.15421/1520122
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Article