Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Education, socio-economic development and human capital: Cross-country analysis

Author(s): Nataliya Borisovna Avalueva, Anna Stanislavovna Alekseeva, Evelina Fakirovna Alieva & Olga Alexandrovna Fiofanova

The article considers different approaches to assessing human capital development. The authors explore challenges in methodology and the indices of human capital development in the increasingly complex world conditions. The article describes specific features of the relationship between the Education Index and the Human Development Index and between the indices of national socio-economic development and the human capital development indices for the same countries. The complexity of paradigmatic relations between the categories of "education", "socio-economic development" and "human potential" is revealed through a comparative analysis of the countries based on the human development indicators. The following research methods are used in the study: a systematic genetic analysis of different human capital development indices for the world countries; comparative analysis of the human capital development in different countries of the world; conceptual and structural-functional analysis of reforms as changes in the national socio-economic development; and a qualimetric analysis of the indicators of the methods used to calculate human capital indices. The article describes some specific features of the relationship between such indicators of human capital development in different countries of the world as "education" and "social and economic development". The research findings are significant contributions to the political and educational anthropology and to such areas of expertise as education management and social policy. They can find their practical application in the theory and practice of vocational education to develop new knowledge modules for the courses "Comparative Analysis of Educational Reforms", "National Social Policies for Human Capital Development” and "Qualimetry in Human Capital Studies".

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