7.3.1 Interconnections and Reciprocity Complementary Dependency of International Ties and Human Capital
Ekaterina Arapova
Project Leader
Project period
2020-2025
Context of Research Project within a Subject of Human Capital
Currently, human capital is distributed unevenly between developed and developing countries, and the gap in the level of its accumulation is increasing. The volume and intensity of investment in human development differ. Under the influence of rapid global changes in the field of technological development, demography and social policy, the content of the category “human capital” and its key characteristics are gradually being transformed.
The shortage of human capital has a dangerous tendency to grow against the background of rapid global changes in technology, demography, instability and climate. There are still imbalances in the development and accumulation of human capital, many countries are experiencing a crisis in the education system and problems of limited access to basic health services and a low level of development of the social protection system, which hinders their economic development and competitiveness, predetermining the trends of global reformatting of the world economy and the balance of power.
The research project Interconnections and Complementary Dependency of International Ties and Human Capital focuses on identifying the determinants of human capital, their transformation taking into account modern changes in technology, demography, instability and climate, and regional peculiarities; and also on the development of a comprehensive methodology for assessing the human potential realization index and its assessment for an extensive sample of countries representing various regions of the world and on identifying existing imbalances, analyzing successful practices, examples of rapid transformation of human capital and developing a set of conclusions and recommendations on the possibilities of replicating successful experience
Project Aim
Develop comprehensive analytical support (theoretical, methodological and analytical-practical) of new trends in the global distribution of human capital, the transformation of the concept and its qualitative characteristics, the correlation of its economic nature and factors determining the quality and intensity of human resources development
Project Objectives
- Assess the transformation of the concept of human potential/ human capital, identification of factors that determine the intensity of human capital development
- Conduct a comprehensive assessment of the impact of digitalization, globalization, a sharp increase in the density and intensity of international relations, the integration of financial markets and the acceleration of cross-border movement of factors of production on the global distribution of human capital
- Assess the impact of international relations on the structure of social and human capital, and the reverse impact of human capital on social in its international dimension; assessment of the nature and intensity of regional differences in the level of human capital development. Conduct a comprehensive multifactorial analysis of the impact of human capital development trends in Russia on its competitiveness in global markets; analyze the impact of the global environment on the quality of human capital in Russia
- Conduct a comprehensive comparative analysis of national strategies for the development of human capital, their key tools and effectiveness; identify the most successful modern national practices for the development of human capital and the most effective tools and mechanisms of public policy; assess the interdependence and mutual influence of the state policy in the field of human resources development on their quality
- Develop the concept of global imbalances in the distribution of human capital and a comprehensive methodology for assessing the human potential realization index
Key Findings
2020
A review of modern research in the field of indicators and determinants of human capital/human potential has been prepared, an analysis of the terminological apparatus and transformation of the concept of Human potential/human capital has been carried out, its new qualitative characteristics have been identified in the conditions of information technology development, digitalization of educational, trade, consumer, entrepreneurial, socio-cultural and institutional environment.
2021
An econometric model for assessing the determinants of human development has been developed, as well as the author's methodology for assessing the human potential realization index. A large-scale database has been formed containing calculated values of the human potential realization index up to 2019 (with subsequent annual updates); a description of the transmission mechanism, channels and directions of the impact of investments on the components of human potential/human development has been given
Publications
- Arapova, E. Role of Government Expenditures on Education in Stimulating Human Development // World Economy and International Relations. 2022. Vol. 66, No. 6. pp. 53-61
- Karasev, D. A Theory of Policy Drift: Obstructionist Politics as a Mechanism of U.S. Welfare State Retrenchment // Polis. Political studies. 2022. No. 3. pp. 141-156
Conferences
The introductory meeting of the Russian-Belarusian Expert Dialogue (RU) (MGIMO, December 8-10, 2021)