HUMAN CAPITAL MANAGEMENT THEORY IN THE REPUBLIC OF UZBEKISTAN

Abstract

This article explores the theoretical foundations, institutional mechanisms, and development prospects of human capital management in the Republic of Uzbekistan. It analyzes the role of human capital in economic development, recent reforms in the education and healthcare sectors, and changes in the labor market. The study identifies current challenges and proposes improvement directions, including the implementation of a unified competency model, digitalization, innovation-driven policy measures, and enhanced labor market forecasting. The findings provide scientific and practical recommendations aimed at increasing the overall effectiveness of human capital management in Uzbekistan.