THE ROLE AND STRATEGIC SIGNIFICANCE OF HUMAN CAPITAL IN THE ECONOMIC DEVELOPMENT OF UZBEKISTAN

Authors

  • Shoyunusova Arofat English Language Teacher, Wise School

Keywords:

Human capital, higher education, economic growth, innovative development, educational investment, workforce training, competitiveness, modernization, knowledge economy.

Abstract

This article examines the importance of human capital in the economic development of Uzbekistan and the necessity of modernizing the higher education system. In the context of globalization, the rise of the digital economy, and increasing competition in the international labor market, investments directed toward the educational sector are interpreted as one of the key strategic priorities of the state. The article substantiates the invaluable role of human capital in developing a highly qualified workforce, strengthening scientific potential, and facilitating the transition to an innovation-driven economy. Additionally, the paper highlights the role of education in Uzbekistan’s socio-economic development strategies, existing challenges, and solutions for their effective elimination.

References

World Bank. Human Capital Country Brief – Uzbekistan. (2023).

A detailed country-report giving data on Uzbekistan’s human capital index, health, education and labour productivity.

Nurova, F., Disman, & Goyibnazarov, S. (2024). “Human Capital Development and Economic Growth in Uzbekistan.” International Journal of Management Science and Business, 6(1), 19-28.

Saidov, S. Sh. & Bozorboyev, E. (2024, October). “Human Capital Development Policy in Uzbekistan.” American Journal of Research in Humanities and Social Sciences, 29, 61-71.

americanjournal.org

Kuziyeva, G. R. (2023). “Education Policy and Human Capital Development: Evaluating the Effectiveness of Different Education Policies in Uzbekistan.” European Journal of Economics, Finance and Business Development, 1(3), 30-36.

Shoira, A. (2023). “Factors Affecting the Formation and Development of Human Capital.” The Peerian Journal, 23(October), 53-…

peerianjournal.com

Babadjanova, M. (2023). “Analysis of the Importance of Digitalization and Education in Human Capital Development in Uzbekistan.” [Conference Article]

ACM Digital Library

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Published

2025-10-29

How to Cite

THE ROLE AND STRATEGIC SIGNIFICANCE OF HUMAN CAPITAL IN THE ECONOMIC DEVELOPMENT OF UZBEKISTAN. (2025). CONFERENCE ON THE ROLE AND IMPORTANCE OF SCIENCE IN THE MODERN WORLD, 2(9), 154-158. https://universalconference.us/universalconference/index.php/crismw/article/view/5597