HUMAN RESOURCE MANAGEMENT IN THE CONTEXT OF ECONOMIC DEVELOPMENT OF A SOVEREIGN STATE

The globalization of the modern economy is characterized by active changes in its structure and requires a technologically advanced management system. The external situation in the world requires new approaches to business management in a wide variety of industries Nowadays, business processes compelling changes of are being happened, these of Human Resources factors create a need of developing innovative systems in particular changes, in the sphere, methodological aspects in theoretical and which describe innovative processes. All of these parameters promote n increase in level of competitiveness and stability of economic development in the sovereign state. Economical Development leads to success of conducted reforms, it also depends on Competent management in the field of Human Resources. furthermore, it brings economic benefits from investments.