scholarly journals THE NATION’S HUMAN CAPITAL IS A MAJOR RESOURCE OF THE STATE’S INNOVATION POTENTIAL

Author(s):  
Aleksander Bogashko

The problem is important and relevant because in the process of formation of the world economy and economic science, the goals and objectives, means and criteria of modern socio-economic development of countries have been rethought. Studies of competitiveness, priority factors of economic growth, and criteria for the effectiveness of economic activity in a market environment have become relevant. The state of the economy, intensification, progress of economic development depend on innovative potential and human capital, which affect the system of economic relations at the micro, macro and mega levels. The aim of the article is to study the evolution of the scientific concept of human capital and determine the socio-economic nature of national human capital. The article also determines the value of human capital in the system of factors of innovative development of the economy of countries. The article used general scientific and special research methods: analysis and synthesis, morphological analysis, logical generalization and comparison, graphical method.The study presents approaches to determining the socio-economic category of “human capital”. An analysis of the scientific literature indicates that the category of “human capital” most fully reflects the role and place of people in the economic system.The article notes that different countries of the world use different indicators of human capital: the Human Development Index, the Quality of Life Index and the Index of Human Happiness. The most common indicator of human capital development is the Human Development Index. The article presents the author's classification of human capital, which includes the levels and structure of capital. This will help government agencies better regulate the development of national human capital. 

Author(s):  
Ахмедова Эсмира М.

This article indicates the results a comparative analysis the financing of the advanced countries of the world and similar indicators of Azerbaijan during the period active development of education and modernization of the economy. The methodology work is the fundamental works of foreign scientists, such as reports of the Organization for Economic Cooperation and Development (OECD), human development index indicators in the field of determining and assessing the dependence of socio-economic development on public investment in education. It is displayed that Azerbaijan has resources and potential for growth of human capital, for social and economic development of the country. On the basis of the research, some conclusions and proposals are presented that contribute to improving the prospects for the economic development of Azerbaijan.


2015 ◽  
Vol 60 (8) ◽  
pp. 81-100
Author(s):  
Witold Rakowski

Based on the Human Development Report 2013 the author presents classification of the countries taking into account HDI value in 2012, non-income HDI and the IHDI (Inequality – Adjusted Human Development Index). IHDI reflects disparities in the income distribution. 187 states of the report are divided into 12 groups by the HDI total value.


Author(s):  
Inna Khomenko ◽  
Lyudmyla Volynets ◽  
Anna Chubyckina

The article identifies the essence of human capital, which is characterized by the UNDP Human Development Index (HDI) and reflects the development of mankind, combining in one indicator information about health, education and income. This indicator has long been an impeccable tool for comparison and a basis for national priorities. Outlines the importance of investing in human capital at all levels in modern conditions. The importance of human capital revealed, the importance of human development assessment for the national economy outlined. The index of human development and Ukraine's position in the world ranking analyzed. The growing relevance of investing in human capital is a key value of modern society, as well as one of the basic factors of economic growth. That is why there is a need to study issues related to the formation and development of human capital, its impact on economic growth of the national economy, the importance of investing in human capital becomes especially relevant. The effect of COVID-19 virus on the human development index was assessed.


Author(s):  
Stephen Broadberry ◽  
Leigh Gardner

ABSTRACTRecent advances in historical national accounting have allowed for global comparisons of GDPper capitaacross space and time. Critics have argued that GDPper capitafails to capture adequately the multi-dimensional nature of welfare, and have developed alternative measures such as the human development index. Whilst recognising that these wider indicators provide an appropriate way of assessing levels of welfare, we argue that GDPper capitaremains a more appropriate measure for assessing development potential, focussing on production possibilities and the sustainability of consumption. Twentieth-century Africa and pre-industrial Europe are used to show how such data can guide reciprocal comparisons to provide insights into the process of development on both continents.


Author(s):  
Volkan Öngel ◽  
İlyas Sözen ◽  
Ahmet Alkan Çelik

Economic development and growth had been the most important target among all goverments throughout the history. In this respect, Kazakhstan, Turkmenistan, Uzbekistan, Tajikistan and Kyrgyzstan in Middle Asian Region had chosen development as primary target in 20 years time after their independence. Human capital is the leading factor to maintain economic development and growth. Development and growth terms over which different meanings and concepts were imposed in time, necessitated several political economic alterations. Before 1970’s, increase in income had been sufficient criterion for the development of a government. But nowadays economic development incorporates factors such as life expectancy at birth, school enrolment ratio, literancy rate, gender discrimination, poverty alleviation, equal distribution of income beyond economic growth. Herewith this change political preference and priorities has started to differentiate. The aim of this study is to discuss human development index (HDI) data of 5 Middle Asian countries in 2010 and changes in HDI in years after their independence. Comparisan between Gross Domestic Product (GDP) and HDI rates are also performed within this analysis. This study consists of data of 5 Middle Asian countries between years 1990-2010. Basic, retrospective, illustrative library method is used as the study method. In conclusion, we find that increase in GDP did not reflect over HDI in Middle Asian Countries within 20-years period.


2016 ◽  
Vol 7 (5-6) ◽  
pp. 109-118 ◽  
Author(s):  
Neda Mahdavifar ◽  
Farhad Towhidi ◽  
Behnam Reza Makhsosi ◽  
Reza Pakzad ◽  
Ali Moini ◽  
...  

2016 ◽  
Vol 3 (9) ◽  
Author(s):  
Masoumeh Arabsalmani ◽  
Maryam Mirzaei ◽  
Mahshid Ghoncheh ◽  
Ali Soroush ◽  
Farhad Towhidi ◽  
...  

The study examined the role played by HCD in the economic development of Kenya between 2002 and 2014 by interrogating the development models adopted by South Korea and Singapore as a benchmark to determine the gaps in the model adopted by Kenya. Despite Kenya, Singapore and South Korea exhibiting similar income levels in the 1960s, the gap between Kenya’s economic growth and those of South Korea and Singapore has widened tremendously since independence in 1963. Kenya has recorded low Gross Domestic Product (GDP) compared to the two Asian countries. The researcher relied on secondary data sourced from national, regional and international websites and organizations. The data collected was corroborated with data sourced from government offices and websites. Data sets from the three countries was used to examine the extent to which HCD practices affect economic growth for the purposes of deriving the best HCD practices from South Korea and Singapore that influence economic growth. The design therefore necessitated causality analysis using the Granger Causality Test and correlational and regression analysis that facilitated the measurement, development and assessment of the statistical significance of the causal relationships among the study variables. The model variables included GDP as the response variable explained by six predictor variables; government expenditure on education, human development index, average years of schooling as a proxy for percentage of population that has attained education, patents filed by the countries, government effectiveness and government expenditure on research and development. Findings revealed that HCD had a great influence on economic development of a country. Findings further revealed that whereas human development index was found to be positively correlated to economic growth in South Korea and Singapore, it was negatively (inversely) correlated to economic growth in Kenya. To achieve sustained economic growth, the study recommends that the provision of education be strengthened to ensure successful implementation of Competency Based Curriculum with the government laying more emphasis on applied R&D.


Author(s):  
I. Bielova ◽  
I. D’yakonova ◽  
L. Taraniuk ◽  
O. Demikhov

Of great importance in today's conditions is the assessment of destructive factors influencing the mortality rate of patients with COVID-19, because this analysis may be necessary to form a roadmap for governments, which aims to prevent and reduce the spread of COVID-19. The aim of the research is to analyze the factors influencing mortality caused by COVID-19, based on data from countries around the world and at the national level. Among such factors, the influence of the environmental component is highlighted. Methodology and scientific approaches: comparative analysis - in establishing the average level of indicators for groups of countries depending on the human development index HDI, as well as for key indicators to characterize the level of environmental "load" at the level of regions of Ukraine, synthesis method - economically justified analysis results average level of indicators for groups of countries depending on the human development index HDI, the method of generalization - in forming the general conclusions of the study, statistical methods (correlations and the method of averages) - in assessing the impact of factors on mortality from COVID-19. The results of the study: the article conducted a study on the analysis of factors influencing mortality caused by COVID-19. Indicators that participate in the analysis of factors influencing mortality from COVID-19 are identified. The main indicators of the standard of living and health of the population used in the world are marked. The average levels of indicators for groups of countries depending on the human development index HDI are calculated and the dependences of these indicators and their impact on the mortality rate on COVID-19 are economically substantiated. In terms of regions of Ukraine, an analysis of the impact of indicators that affect the mortality rate from COVID-19, using some components of the environmental "load". The analysis of the main indicators for the assessment of the consequences of the spread of COVID-19 is carried out and their significance at the regional level is analyzed. The possibility of using the results in further research may relate to the formation of an economic model of factors influencing mortality caused by COVID-19, which will predict different scenarios of destructive factors on mortality from COVID-19 depending on the implementation of measures to combat the spread of the disease among governments countries. The practical significance of the study is that based on the analysis of the results of the study there is the possibility of forming effective management decisions by governments to counter the spread of COVID-19 at the international and national levels. The social consequences include the social effects that result from the results of this analysis through effective health care decision-making by national governments, that may reduce the mortality rate among the population from COVID-19.


2016 ◽  
Vol 55 (4I-II) ◽  
pp. 657-673
Author(s):  
Karim Khan ◽  
Saima Batool ◽  
Anwar Shah

Since the recent emphasis on institutions for overall economic development of the countries, the research in this strand has expanded enormously. In this study, we want to see the impact of political institutions on economic development in pure cross-country setting. We take the Human Development Index (HDI) as a measure of economic development and use two alternative measures of dictatorship. We find that dictatorship is adversely affecting economic development in our sample of 92 countries. For instance, transition from extreme dictatorship to ideal democracy would increase HDI by 17 percent. Moreover, our results are robust to alternative specifications and the problems of endogeneity and reverse causation as is shown by the results of 2 Stages Least Squares (2SLS). JEL Classification: P16, H11, H41, H42 Keywords: Economic Development, Human Development Index, Dictatorship


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