Human Capital as a Key Factor for State Effectiveness: the Relationship between Functions, Regulation and Risk Management Cover Image

Човешкият капитал като ключов фактор за ефективността на държавата: връзка между функции, регулация и управление на риска
Human Capital as a Key Factor for State Effectiveness: the Relationship between Functions, Regulation and Risk Management

Author(s): Todor Shopov
Subject(s): Social Sciences, Economy, National Economy, Business Economy / Management, Governance, Sociology, Management and complex organizations, Human Resources in Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: human capital; state functions; risk management; public governance; institutional capacity
Summary/Abstract: This article examines human capital as a key factor in state effectiveness and the performance of its core functions. It explores the relationship between public governance, risk management, and human resource development. The study argues that the quality of human capital determines institutional capacity, resilience, and the ability of the state to achieve economic, social, and strategic objectives in a dynamic and uncertain environment.

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