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Problems and Prospects of Human Capital Development in Modern Russia

I.G. Kuznetsova, R.P. Bulyga, L.V. Rakhmatullina, S.V. Titova, R. A. Shichiyakh and R.A. Zakirov

International Journal of Economics & Business Administration (IJEBA), 2019, vol. VII, issue 2, 164-175

Abstract: Purpose: In the context of dynamically changing modern labor market there is a need to develop a model of congruence and correlation of the process of building professional competencies provided by educational standards. Design/Methodology/Approach: The study was performed using monographic, abstract logical, sociological and statistical methods. However, this approach does not imply the formation of supra-professional competencies, which generally predetermine the success of professional tasks performed by a specialist. Findings: The article discusses the role of human capital as a fundamental factor affecting the increase in the competitiveness of production. Practical implications: The study focusses on the most demanded competencies for the development of digital society. The authors have grouped countries by level of human capital use. Originality/Value: At present, the appropriate parameters for measuring professional and general cultural competencies have been adopted as a system for assessing the quality of education in general and the quality of specialist training.

Keywords: Human capital; gross domestic product; developed countries; developing countries; economic growth; digital economy. (search for similar items in EconPapers)
JEL-codes: Q18 O15 O31 (search for similar items in EconPapers)
Date: 2019
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