From People to Public Policy: the Role of Human Capital in Sustainable Post-War Development of Ukraine

Abstract

The crucial role of human capital in enhancing the effectiveness of public governance systems and the principles of new public policy is investigated in the context of sustainable development and the most relevant United Nations Sustainable Development Goals. The analysis begins with an overview of human capital as a fundamental asset for socio-economic development, highlighting its impact on innovation, productivity, and overall economic growth. The research methodology includes the application of several general scientific methods for literature review and concise analysis of official data, emphasizing the interrelationship between investments in human capital and improved governance outcomes. Key findings indicate that regions with higher levels of education, health, and skills among the population tend to demonstrate more robust governance and sustainable development indicators, as well as resilience to severe shocks (such as war), and this represents a manageable policy parameter for governments. The paper also discusses challenges and opportunities for optimizing human capital, including policy recommendations for education, healthcare, and workforce development to support sustainable development in line with the UN’s rationale. Through its analysis, the article contributes to strategic planning and public policy formulation, which is crucial for more effective utilization of human capital for regional development and better public governance.