The article examines the process of shaping and employment of human capital as a key factor in modern economic development. The interconnection between human capital and economic growth in the European countries is analyzed, as well as the role of human capital for realization of the Strategy...

Education, healthcare and pension system are the key sources of modern economic growth. They need profound transformation based on post-industrial challenges. The new principles of transformation of these sectors include individualization of services, their privatization (a rising role of...

Part II. After discussing in the first part of the paper alternative approaches to measuring the value of the stocks of human capital its second part provides empirical estimates of Russia’s human capital based on the lifetime income approach. The results show that using an annual discount...

Part I The paper provides monetary estimates for Russia’s human capital. In its first part the two main methods for estimating the value of the stocks of human capital are discussed — cost based and income based, or the retrospective and prospective ones. Particular emphasis is placed upon...

(On the Book by N. M. Pliskevich "Human Capital in Transforming Russia ") The article analyzes the results of investigation of human capital. The validity of broad approach to assessment of human capital using qualitative methods is shown. In the framework of this approach it is necessary to...