From Closed to Open in India

Author(s):  
Kathryn C. Ibata-Arens

Decades ago, led by the technonational rhetoric of self-reliance and improvement in human health, India delayed opening its market. Consequently, India spent decades on import substitution and other exclusionary policies in a classic technonational system architecture like Japan. Later, India invested in generic-drug research and development and production capacity, complemented by advances in information technology. State-led human-capital development—for example, in the semi-independent Indian Institutes of Technologies (IITs)—targeted initially information technology and more recently has focused on biomedicine. Expatriate and diaspora returnee networks of Indian professionals, via its networked technonational architecture, since the 1990s have contributed to the development of innovative capacity and new ventures, but at a slower pace than in China.

Author(s):  
Nina Baranova ◽  
Sergey Larin ◽  
Evgeny Khrustalyov

Studies of factors of sustainable economic development in modern conditions are highly relevant for Russia due to the constant increase and tightening of sanctions restrictions. They have a negative impact on the introduction of innovative developments and economic growth, and reduce the competitiveness of Russian enterprises and their products on world markets. Human capital can become one of the key factors for countering sanctions restrictions, improving the efficiency of economic development and gaining additional competitive advantages for domestic enterprises and the economy as a whole. Assessing the impact of human capital on the sustainable development of the economy is difficult, since it is one of the specific forms of capital. When making appropriate measurements, economic scientists rely on a number of developed theoretical methods and practical tools that support them, which allow us to obtain fairly accurate values of the human capital development index (HDI) based on statistical data. First of all, this is the current UN methodology for calculating the HDI indicator, as well as modern software systems OriginPro-8.6 and Eviews-10.0, which have sufficiently advanced functionality for performing calculations. Russia today has all the necessary prerequisites and opportunities for progressive social and economic development. However, the formation of econometric models will help to timely determine the current and forecast values of the level of human capital development for individual enterprises, industries, and the country’s economy as a whole. This paper shows the practical application of the econometric tools of all the above approaches to obtain the calculated values of the HDI indicator for different time periods and different scenarios for the development of the Russian economy. The results obtained confirmed the high practical significance of the tools used and the acceptable accuracy of the calculations. However, the current and forecast values of the level of human capital development alone will not be able to ensure the effective development of the Russian economy. On the contrary, the effective use of human capital in the implementation of import substitution strategies and national projects will allow our country to become one of the world’s leading economic development countries.


Author(s):  
Terrence Duncan ◽  
Gary James Hanney ◽  
Darrell Norman Burrell ◽  
Emad Rahim

Human capital development is important for organizations and most industries in the United States of America (USA). In the healthcare industry, human capital development is a priority due to the variety of skilled and unique positions within one of the most regulated industries within the USA. Integration of work processes, operational efficiencies, and assimilating regulatory changes are a pre-requisite for human resource professionals to remain competitive as well as remain operationally relevant. Information technology adoption in healthcare must continue to improve to address some of the industry's largest challenges: turnover, retention, and education. The intent of this chapter is to outline the existing challenges of human capital development in healthcare and how information technology provides significant value to closing the gaps of the alarming trends that exist in the industry.


Author(s):  
Elmond Bandauko ◽  
Tinashe Bobo

International city cooperation of sister city partnerships has become one of the important strategies to improve urban competitiveness, promote city development and urban development, as well as to create partnerships that can promote city agendas. Cities across the world have implemented or are implementing the concept of twinning, in which one urban local authority can partner with other local authorities in the world. Several studies have been done on international city cooperation especially in the European context. However, there is a paucity of knowledge on city twinning in Zimbabwe. This chapter seeks to examine the implications on local government operations through the twinning concept, using Harare and Munich as units of analysis. Overall, Harare has since twinned with Munich, in which the two cities cooperate in the areas of human capital development, capacity building, and information technology for cities. This development has seen Harare registering some improvements in terms of local government operations.


2015 ◽  
pp. 5-24 ◽  
Author(s):  
B. Zamaraev ◽  
T. Marshova

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.


ASJ. ◽  
2020 ◽  
Vol 1 (40) ◽  
pp. 53-57
Author(s):  
A.V. Kurbatov A.V., ◽  
L.A. Kurbatova

The continuing build-up in the speed of deepening of the global economic crisis, driven by just as fast drop in quantity of the external resources calculated per inhabitant of our planet, forces us to refer to internal resources in order to prevent the irreversible losses, to overcome the crisis and ensure the sustainable development. Beginning from the second half of the 20-th century, the hopes for efficient deployment of internal resources have been laid on the development of the human-capital theory. However, despite the intensive change in perception of the very concept of "human capital" and a wide scope of innovative models of its practical application, aimed at bringing the economy out of stagnation, the desired outcome is not achieved. The trend of transferring of the bulk of investments to human capital, at the expense of the share of investments spent on increased production, has proved insufficient. The analysis of causes of ultra-high risks of investments in increase of human capital has helped to determine that the models, which are used currently, do not take into account some of the fundamental patterns, which ensure the high efficiency of investment in human capital. Most of the models are based on application of the methods of situational governance, which, at best, have a short-term positive effect. This trend results from the insufficient awareness of managers of the fundamental patterns of human capital development, which deprives the investors of the possibility to benefit from the optimal combination of the situational governance with relevant long-term programs, which can steadily increase human capital. The researches of the fundamental patterns of human capital development have shown, that the main factor for achieving the high efficiency of investment in human capital is the correct organization of the processes of value determination of the subjects of economic activity and the transition from the value determination to value-semantic determination, thus ensuring guaranteed attainment of goals along with high dynamics of resources. The work presented here is dedicated to the method of managing the quality of human capital, which is hereafter referred to as value-semantic economy.


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