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Human Capital: Challenges for Russia

Author

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  • Vladimir Mau

    (Gaidar Institute for Economic Policy)

Abstract

The development of human capital is now recognized as being the most important precondition of economic growth in modern times. It should be a priority in our socio-economic policy. However, recognition of this fact alone will not produce a qualitative leap in the development of education, healthcare and the pension system. We need fundamental changes in these sectors if they are to become capable of meeting the challenges of post-industrial society. This will mean individualization of the services provided, continuous delivery of these services (over the lifetime of an individual), privatization (an increase in the role of private funding), the internationalization of competition and implementation of the latest technologies in the delivery of services.

Suggested Citation

  • Vladimir Mau, 2013. "Human Capital: Challenges for Russia," Working Papers 124, Gaidar Institute for Economic Policy, revised 2015.
    • Handle: RePEc:gai:wpaper:124
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    File URL: https://www.iep.ru/files/RePEc/gai/wpaper/124Mau.pdf
    File Function: Revised version, 2015
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    More about this item

    Keywords

    human capital; education; healthcare; pension system; socioeconomic policy.;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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