scholarly journals INVESTMENTS AND DEVELOPMENT OF HUMAN CAPITAL IN THE CONDITIONS OF DIGITALIZATION OF ECONOMY

2020 ◽  
pp. 173-179
Author(s):  
Antonina Trushlyakova

Introduction. Investments in human capital should be understood as the purposeful costs of developing an individual or group of people in cash or in any form. These can be the costs of public education, health, mobility or mobility, and so on. Expenditures on human development provide intellectual and professional development, increase productivity, contribute to the material support and information enrichment of each individual citizen and the population as a whole. The purpose of the article is to study the provision of investment in human capital development in the context of digitalization of the economy. Methods (methodology). The general scientific methods, in particular theoretical generalization - for construction of an algorithmic cycle of investing in development of human capital are applied in research; system economic analysis - for calculation of investment multiplier and indicators of investment accelerator in the national economy of Ukraine. Results. Calculations have been made that have shown that the potential of investments in the economy of Ukraine as a driver of economic growth over the past 10 years is not used enough. Low multiplier indicators show that the role of investment as a driver of economic development is used at a very low level, which is on the one hand a consequence of the crisis in the economy under the influence of objective conditions (global economic crisis, military action, increasing risks of investing in long-term projects). ) and insufficiently effective domestic investment policy, namely the reduction of the role of the state as an activator and effective regulator of investment processes.

2011 ◽  
Vol 1 (3) ◽  
pp. 34-66
Author(s):  
Joyce Valdovinos

The provision of water services has traditionally been considered a responsibility of the state. During the late 1980s, the private sector emerged as a key actor in the provision of public services. Mexico City was no exception to this trend and public authorities awarded service contracts to four private consortia in 1993. Through consideration of this case study, two main questions arise: First, why do public authorities establish partnerships with the private sector? Second, what are the implications of these partnerships for water governance? This article focuses, on the one hand, on the conceptual debate of water as a public and/or private good, while identifying new trends and strategies carried out by private operators. On the other hand, it analyzes the role of the state and its relationships with other actors through a governance model characterized by partnerships and multilevel networks.Spanish La provisión del servicio del agua ha sido tradicionalmente considerada como una responsabilidad del Estado. A finales de la década de 1980, el sector privado emerge como un actor clave en el suministro de servicios públicos. La ciudad de México no escapa a esta tendencia y en 1993 las autoridades públicas firman contratos de servicios con cuatro consorcios privados. A través de este estudio de caso, dos preguntas son planteadas: ¿Por qué las autoridades públicas establecen partenariados con el sector privado? ¿Cuáles son las implicaciones de dichos partenariados en la gobernanza del agua? Este artículo aborda por una parte, el debate conceptual del agua como bien público y/o privado, identificando nuevas tendencias y estrategias de los operadores privados. Por otra parte, se analizan el rol y las relaciones del Estado con otros actores a través de un modelo de gobernanza, definido en términos de partenariados y redes multi-niveles.French Les services de l'eau ont été traditionnellement considérés comme une responsabilité de l'État. À la fin des années 1980, le secteur privé est apparu comme un acteur clé dans la fourniture de certains services publics. La ville de Mexico n'a pas échappé à cette tendance et en 1993, les autorités publiques ont signé des contrats de services avec quatre consortiums privés. À travers cette étude de cas, nous nous interrogerons sur deux aspects : pourquoi les autorités publiques établissentelles des partenariats avec le secteur privé ? Quelles sont les implications de ces partenariats sur la gouvernance de l'eau ? Cet article s'intéresse, d'une part, au débat conceptuel sur l'eau en tant que bien public et/ou privé, en identifiant les tendances nouvelles et les stratégies menées par les opérateurs privés. D'autre part y sont analysés le rôle de l'État et ses relations avec d'autres acteurs à travers un modèle de gouvernance, défini en termes de partenariats, et des réseaux multi-niveaux.


2010 ◽  
Vol 49 (3) ◽  
pp. 261-263
Author(s):  
Laila Sohail

No debate is as engaging in the twenty-first century, as the one surrounding the phenomenon of globalisation. Economists, political scientists public policy experts, and specialists from a range of diverse disciplines are attracted to analyse this phenomenon and apply it to the world around them. The analysts are generally divided in two camps—those who praise globalisation as an evolutionary process leading to peace and prosperity, and those for whom globalisation is a curse instigating violence and conflict by undermining the role of the State and adversely affecting democracy.


2019 ◽  
Vol 21 (3(72)) ◽  
pp. 159-170
Author(s):  
V.N. FOMISHYNA ◽  
S. V. FOMISHYN ◽  
O.K. LADUSHYNA

Topicality. Subjective educational, professional, moral and psychological properties of a person which were important at all times, nowadays receive special significance in the context of the formation of a global knowledge economy,. It now becomes an axiom that a person, his knowledge and skills, his ability to creativity is the main productive resource and the main value of society. Valuable measure gets an economic importance in the sense that, in the case of its deformation, all society's efforts, expenditures of government and intergovernmental institutions, households and other actors in sufficient (or high) cost of human capital achievement will fail in forming the main value and the main productive resource of society. Aim and tasks. The purpose of the article is to study the functional role, international features of the formation of human capital and their manifestations in the national economy. Research results. The most developed countries are those which have a high level of human capital development. The functional role of human capital in world development is realized through qualitative improvement of the human potential of the country, the formation of the abilities and needs of its population, plus the characteristics of the contribution of these non-market investments to economic growth, efficiency and competitiveness. Human capital, like all kinds of capital, is not objectively predetermined, it is the result of the joint efforts of the man himself, his family, enterprise, and state. For a person, these efforts are associated with labor costs, time and financial resources, for enterprises and the state - mainly with the financial costs associated with economic and social development. The financial cost of a qualitative improvement of the workforce, which means its transformation into human capital, takes the form of investment � all kinds of investments into a person, that can be valued in cash or another form and are purposeful, that contribute to the growth of labor productivity and increase income level. Investments in human capital in comparison with investments in other types of capital are distinguished by a number of peculiarities that influence the decision making of the subject in relation to the choice between current consumption or savings for the purpose of further investment and accumulation of human capital. Each of the subjects, investing in individual human capital, pursues its own goals and sees in his own way the future benefits of its accumulation. The dynamics, structure and volume of these investments shows that they differ significantly in the industrialized countries and in Ukraine. The volumes of investments into different components of human capital in Ukraine are lower than in Western countries, the USA, and Japan. As a result, in the last decades there has been a deformed structure of investment in a person, which complicates its quantitative and qualitative reproduction. Conclusion. International tendencies of human capital development are manifested in the following: the formation of a human-centric concept and the humanization of world development; growth of the role of financial markets in investing in human capital; a large proportion of human capital in the national wealth of highly developed countries; high and stable expenditures on human capital development at all levels of the economy; rapid response of the educational sphere to structural changes in the economy; the transformation of knowledge into the most extensive sphere of investment. In the system of reproduction of human capital in modern Ukraine has accumulated a number of acute problems of socio-economic and moral-ideological nature, which, due to the unfavourable development of events, could lead not only to the progress of the economic system, but also to its destruction.


2020 ◽  
Vol 1 ◽  
pp. 16-22
Author(s):  
Diana Shkuropadska

Research the tools for ensuring resilience of the financial corporations sector is relevant, given the fact that the development of the world economy is increasingly subject to the shock influences, to which financial crises are imposed. The aim of the article is to identify and justify macroeconomic tools according to the directions for ensuring resilience of the financial corporations sector. The theoretical-methodological base of the article is scientific works of scientists and reports of international organizationsfor directions and tools for ensuring resilience of the financial corporations sector and the economy in general. The general approaches and research methods have been used at preparing the article: theoretical generalization, analysis, synthesis and system method. The use of these methods allowed to consider approaches of leading international audit companies to understand the concept “resilience of the financial corporations”. On this basis, there was suggested the author's definition of the concept “resilience of the financial corporations sector” and defined it essential characteristics. It was explained, that the process of ensuring resilience of the financial corporations sector involves the implementation of macroeconomic tools in accordance with the following areas: the introduction of economic stimulus packages, attractive lending conditions, tax and investment benefits, promoting innovation, development of compensation mechanisms, international financial support. The important attention in the study was paid to the role of the state in the process of implementing macroeconomic tools for ensuring resilience of the financial corporations sector. Attention is focused on the fact, that under shock influences the state should implement macroeconomic tools in line with current problems in the development of the financial corporations sector. This in turn will ensure its profitability at a level sufficient for normal functioning.


2020 ◽  
Vol 10 (8) ◽  
pp. 1477-1488
Author(s):  
R.V. Ozarnov ◽  

The article is devoted to the study of the theoretical and methodological foundations for the development of financial and economic cooperation between countries at the present stage, as well as the features of financial and economic relations diversification in order to reduce the asymmetric interdependence of countries in the face of increasing global imbalances, increased volatility of world financial markets, and the COVID-19 pandemic. The subject of this research is economic relations arising in the process of interaction between countries both on a bilateral basis and in a multilateral format. The paper deals with Russian-Chinese cooperation. On the one hand, the complementarity of the basic sectors of the economy of the two countries objectively contributes to increasing cooperation and trade. On the other hand, the asymmetric interdependence of Russia and its foreign trade partners, in particular China, contributes to the conservation of an archaic trade model based on Russian raw material export and Chinese manufacturing products. Methods for diversifying financial and economic relations are proposed, consisting in expanding the flows of foreign direct investment, using and developing technical and innovative progress, reducing transaction costs, trade and investment barriers, deepening Russian-Chinese cooperation within the BRICS, SCO and other organizations and expanding the scope of using national currencies in mutual settlements. The research is based on general scientific methods of cognition, such as analysis, synthesis, comparison, graphic interpretation of statistical information, time series. On the basis of the study, the author concluded that diversification of financial and economic relations helps to reduce the asymmetric interdependence of countries at the present stage. The novelty of the article lies in the substantiation of the phenomenon of asymmetric interdependence as a method for studying the problems and trends of financial and economic cooperation between countries, highlighting the drivers of diversification, which allows reducing asymmetric interdependence. On the basis of a comparative statistical analysis, the tendency of reorientation of Russia’s foreign economic activity towards Asian markets, in particular, the PRC market, has been confirmed.


Author(s):  
Gulbakhyt Dinzhanova ◽  
Massimo Bianchi

This article investigates the role of higher education in the economic development of the country. The research aims to investigate the theoretical and methodological basis of the role of higher education and human capital in economic growth, evaluate the current state of higher education within pandemic COVID-19, and develop scientifically and applied recommendations to strengthen capacity and improve the competitiveness of human capital in the developing countries. An analysis of the existing researches and debates is made. We defined the state of higher education in Kazakhstan and considered the changes in education within the context of COVID-19. We made multiple correlations and regression analysis based on the education coverage index and GDP(mln KZT), where defined the moderate correlation between two variables. Statistical data is studied in a period from 2000 to 2019. This paper contributes to the literature by fulfilling a theory of human capital development in the knowledge economy, revealing the relational mechanism between higher education, sustainable development, and the economic boundary of this relationship. It also contributes to the further understanding of the role of higher education in economic development. This study result implies to strengthen capacity and improve the competitiveness of human capital, draft human capital development policy. Keywords: SDG; COVID-19, human capital, higher education


2012 ◽  
Vol 71 (2) ◽  
pp. 361-370 ◽  
Author(s):  
Jacques P. Leider

What these four quite different books broadly share is a focus on the role of the state in Myanmar society. Current scholarship describes the authoritarian state in Myanmar, which has been controlled by the army since 1962, as either dominantly present or neglectfully absent. Censorship and the repression of autonomous spaces in society, on the one hand, and the failure of the state to enforce efficient health and environmental policies, on the other, are keywords in these works that illustrate the double-faced appearance of the state's existence and role in society.


2021 ◽  
Vol 121 ◽  
pp. 03004
Author(s):  
Irina Petrovna Gerashchenko ◽  
Vasiliy Aleksandrovich Kovalev

Cognitive and digital transformation stimulates both academic and applied interest in the concept of socio-economic ecosystems. Today, traditional interaction chains in education, cooperation forms, for example, network ones, should give way to new organizational-economic interaction mechanisms – educational ecosystems. Research purpose is development of theoretical approaches to the formation of cross-geographic educational ecosystems through the digital transformation of the educational environment. The study is based on general scientific methods of systematization, comparison and generalization of research in the field of formation and functioning of ecosystems. Structural-functional and integrated approaches were used to develop the concept of formation of educational ecosystems. A comparative analysis of three overlapping ecosystem concepts (business ecosystems, knowledge ecosystems and innovation ecosystems) was carried out. The type, approaches and strategies for the formation of cross-geographic educational ecosystems have been determined. It is noted that digital transformation forms a digital educational environment, which can serve as the basis for the formation of cross-geographic educational ecosystems. As a typical basis for the formation of an educational ecosystem, it is proposed to use a business ecosystem as a form of socio-economic interaction of actors. As a strategy for the formation of an ecosystem, a structural strategy is defined with the allocation of a core – a leading university or an association of universities, and as actors – universities, students, post-graduate students, teachers, employees, graduating students, employers and other stakeholders. It is noted that the core plays a key role in the formation of a cross-geographic educational ecosystem. An effective strategy of the educational business ecosystem depends on the ability of the core to place other participants in positions and endow them with roles, on the one hand, corresponding to the strategy of the ecosystem as a whole, on the other hand, ensuring the actors’ satisfaction.


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