THE EFFECTIVENESS OF INVESTMENT IN HUMAN CAPITAL

This article is dedicated to the analysis the issues of investments in human capital and results obtained after these investments. In this context, the importance of enhancing the effectiveness of human capital in modern economy has been considered here. Various sources and forms of investments, influencing the human capital formation have been indicated in our article. The human capital effectiveness is associated not only with an investment, but also by many other factors, such as state policy, geography and history of the country's development. The factor of human capital is important because it does not condemn any country to the lagging behind due to the presence or absence of certain natural resources or geographic vulnerability. Human capital can be developed under all circumstances, effectively used as well as it can be used in order to provide country's access to leading positions, both in the economy and in all other spheres of life.