Release:2015, Vol. 1. №3(3)
About the author:Irina S. Bondarenko, Cand. Sci. (Есоn.), Senior Lecturer at the Department of World Economy and International Business, Tyumen State University; firstname.lastname@example.org
Abstract:The article describes a retrospective analysis of human capital development assessment by different international institutions such as the World Bank, UNDP, and the Earth Institute at Columbia University, USA. The results of their assessment are published in almanacs “World Development Report”, “Human Development Report” and “World Happiness Report”. The article flags the main flaws of these methods, such as the fact that the key indexes in these studies are presented by various income rates like gross national income, internal rate of return, and gross domestic product per capita, and key social indicators are presented by demographic rates. The choice of these indicators may be different depending on the object of study. The method of human capital development assessment presented in this article is of practical importance as it provides the means to define the most important forms of human investment, such as education and health care, that should actually be key directions for the development of human capital framework in Russia.
1. Dobrynin A.I., Dyatlov S.A. Osnovy teorii chelovecheskogo kapitala [Fundamentals of the theory of human capital]. Saint-Petersburg: «SpbGUJeF», 1994. 340 p.
2. The UNDP human development report 2014 «Sustaining human progress: reducing vulnerability and building resilience» // http://www.undp.org/content/dam/undp/library/corporate/HDR/2014HDR/HDR-2014-English.pdf
3. The index of human development. Encyclopedia of Humanities // Centr gumanitarnyh tehnologij. http://gtmarket.ru/ratings/human-development-index/human-development-index-info (in Russian).
4. Petty V. Economic and statistical works. Moscow: Socjekgiz, 1940. Vol. 1-2. 324 p.
5. Official website of the World economic forum // www.weforum.org
6. Official website of Institute of management and development // www.imd.org.
7. Official website of the Organization of economic and social development // www.oeсd.org
8. Official website of the World Bank //www.worldbank.org
9. Becker G. S. Investment in Human Capital: A Theoretical Analysis // Journal of Political Economy. Supplement. 1962. No. 10. Pp. 35-68.
10. Schulz T. Investment in Human Capital // The American Economic Review. 1961. No. 1. Pp. 67-71.
11. Thurow L. Investment in Human Capital. Belmont, 1970. 156 p.