Regional Formation and Development Studies

Economy operates in a broader social system, composed of households and enterprises but also by all institutions created by people. Law and politics is created and introduced in institutions in parallel to educational, administrative activities as well as any other social activities, including those related to the natural environment we live in. These institutions operate thanks to the social capital i.e. interconnected human resources. The quality of the social capital is dependent on mutual trust and relations in the society. For this reason, social capital is of key importance for sustainable development, both as a controller of the impact of the economy on the environment as well as the basis for the future development. The environment evolves continuously, there are rapidly changing economic processes and, in consequence, their impact on the environment is changing rapidly, tool. This brings some specific challenges to the resource and quality of human knowledge and the competence level of the human capital, as the only tool for a possible reduction of all imperfections.

Author analyzed the ways of overcoming the negative tendency to the degradation of the human capital in the provincial regions of Russia and other countries of the Eastern Europe. It’s shown that the important role in the processes of solving the problem should be played by the technical universities, situated in the small towns of the region. The development of the universities should be carried on according to the specific strategy, which’s goal is a training of the qualified specialists, and to take as the students the local young people, which are going to live and get a job in the region in future. There are also presented a set of requirements for this kind of the strategy, which are based on the idea of the institutional projecting of the University Technopolis.

This article sets out to examine the public policy evaluation model, which is applied for evaluating public policy in Lithuania. The data was collected from the papers published by local researchers, official documents available at the ministries and agencies web sites and other printed materials. Qualitative data for this paper was taken from the series of individual interviews with public officials and evaluators (conducted 200–2010). The data was supplemented with quantitative data from the survey about the scope and significance of evaluation in Lithuania (conducted in 2010). It was found that monitoring system was weak designed and required significant reinvention. The reinvention of the monitoring system will built base for the future evaluation of the results. It is suggested that that the greatest demand for the effectiveness, efficiency and productivity in the government leads to the highest use of performance management and evaluation as a tool for decision-making.