Reproduction and Measurement of the Human Capital in the World Today

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Abstract

Recognition of man's supreme role in social production is an undoubted accomplishment of the human capital theoreticians. This theory became wide spread in the West and won a great number of supporters in our country due to the fact that the conception focuses on the basic factor of social-economic development - the human factor, in its new quality. The interpretation of the human capital in terms of reproduction makes it possible to identify its fundamental nature, as well as the contradictions arising in the course of the formation, functioning and development of the human capital on its different levels of objective reality: family, corporate and national levels and on the level of the world economy as a whole.

About the authors

O M Stepanova

Peoples' Friendship University of Russia

Author for correspondence.
Email: instec@bk.ru

Кафедра государственного и муниципального управления; Российский университет дружбы народов; Peoples' Friendship University of Russia

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Copyright (c) 2012 Stepanova



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