Medea Kharaishvili


The article discusses the importance of the employment policy and directions for the improvement of higher education in Georgia. Employment policy can be defined as a set of programs and opportunities through which the state tries to increase the rate of employment in the country. Ensuring the effective employment of the population is extremely important for accelerating the economic development in the country and solving existing social problems.
When implementing the employment policy, it is important to focus on the formation of human capital. Human capital is the main factor in the formation of innovative economy and knowledge economy as a post-development high level. It is influenced by education, knowledge, skills, competencies, attitudes, health and well-being. Investing in human capital, as well as investing in physical capital, increases the labor productivity of individuals, it has a significant impact on the quantitative and qualitative development of working capacity. The availability of qualified workforce ensures both the increase of labor productivity and the attraction of investments in production.


Employment policy, human capital, learning outcomes, higher education, investments.


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