Home  Journals  Regional Economics: Theory and Practice  35(314) - 2013 September

Investment in human capital as basis of formation of municipality

Available online: 1 October 2013

Subject Heading: PROBLEMS. SEARCH. SOLUTIONS

JEL Classification: 

In the article it is noted that investment in the human capital at the level of municipality is a necessary element of creation of effective administrative model. Theorists of management were engaged in detailed studying of the matter for more than seventy years. The theory of the human capital where as the main mechanism the large-scale policy of investment acts as a result was developed. This theory found the application in a number of fields of activity, its basic provisions are realized by representatives of various levels of the power, including municipalities.

Keywords: investment, human capital, theory of the human capital, physical potential, education, health care, municipality, quality of life, income, intellectual potential

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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