DETERMINING THE EFFECT AND EFFICIENCY OF INVESTING IN HUMAN CAPITAL

Abstract

In the concept "Azerbaijan 2021-2030: National Priorities for Socio-Economic Development" approved by the Decree of the President of Azerbaijan dated February 02. 2021 the following five National Priorities for socio-economic development of the country should be implemented in the next decade: 1. Steadily growing competitive economy; 2. A society based on dynamic, inclusive and social justice; 3. Competitive human capital and space for modern innovations; 4. Great return to the liberated territories; 5. Clean environment and "green growth" country. It is clear that sustainable development is also a process of economic and social change in which harmonious development, balanced development, natural resources, investment, scientific and technological development, personal development and institutional change are linked and strengthen the current situation.