RUSSIAN HUMAN CAPITAL IN THE COMPETITORS' WORLD: THE SPECIAL FEATURES

Abstract

The world economy is on the verge of a new wave of the technology change. After the changes have occurred, the human capital would play a much more important role in the social and economic development and make redundant many of the factors that have been traditionally contributing to the economic growth. The authors of the recent annual report published by the World Economic Forum consider the HR development as one of the fundamental groups of factors that contribute to the national economy competitiveness level change. The Russian economists have begun thoroughly examining the role the human resources play in the economy only recently, and the human capital is a factor that determines the competitiveness-related ratings in the post-industrial economies