Օn the basis of human capital theory’s critical analysis the multilevel and multilateral approach to the investigation of the interrelation between migration and human capital reproduction in Armenia has been elaborated in which the special role of migration risks has been presented. Due to the analysis of the results of sociological research the explanations of the factors of interconnections between migration motives and migration behavior and human capital investments in target groups have been made. Proposals on human capital group-oriented reproduction in the context of migration risks management have been made.

The book can be useful for scientists, universities’ lecturers and students as well as for those involved in implementation of public administration policy.