The article emphasizes that investing into human capital is crucial for any nation hoping to achieve long-term economic growth, it contributes to the development of a trained labor force that can promote innovation and technological advancement, increase productivity, and adjust to shifting economic situations. It is shown that the study of issues related to the accumulation of high-quality human capital is of particular relevance. There is an urgent need to study various aspects of investing in human capital at all stages of its reproduction in order to develop scientifically based recommendations for preserving already accumulated human capital and determining the possibilities for the effective distribution of investments in the development of human capital. Based on two crucial components of human resource development – education and healthcare – provisions of state management of investment risks in this capital development are outlined and decomposition model is suggested.
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Izha et al. (2024) studied this question.
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