ANALYSIS OF THE EFFECTIVENESS AND CURRENT STATE OF INVESTMENTS IN HUMAN CAPITAL IN THE REPUBLIC OF UZBEKISTAN
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https://doi.org/10.5281/zenodo.19649812##article.subject##:
human capital, investment in human capital, investment efficiency, HCI+, education quality, higher education coverage, employment, female employment, labor market, Uzbekistan##article.abstract##
This article analyzes the effectiveness of investments in human capital in the Republic of Uzbekistan, their
current state, and the factors influencing their efficiency. The study applies modern approaches to human capital
assessment, particularly the World Bank’s HCI+ (Human Capital Index Plus) methodology, which integrates health,
education, and employment indicators. The analysis shows that although the volume of resources allocated to human
capital in Uzbekistan has increased in recent years, their final economic and social outcomes still have further potential
for improvement. In particular, improving the quality of education, expanding higher education coverage, increasing
female employment, strengthening the linkage between the education system and the labor market, and enhancing
results-based monitoring mechanisms are identified as priority areas
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