Human Capital Under Crisis: Evaluation and Preservation Opportunities Search

Grishnova, Оlena; Дмитрук, С.

doi:10.17721/1728-2667.2015/170-5/2

Cited by 8 publications

(4 citation statements)

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“…Education is a priority in the formation of human capital, while healthcare is mainly responsible for its preservation and the social and labour spheres are the main domains in which it is used. Investment in human capital and its effectiveness have been studied on the macroeconomic level by Boarini, d'Ercole and Liu (2012), Buffie et al (2022), Fender (2013, Grishnova, Dorosh and Shurpa (2015) among others. A review of the literature and analysis of methods presented in the scientific literature: Davidyuk (2012), Grishnova, Dorosh and Shurpa (2015), Brintseva (2016), Grishnova & Brintseva (2018) show that human capital is assessed using four methods.…”

Section: Literature Reviewmentioning

confidence: 99%

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The Effectiveness of Investment in Human Capital in Poland and Ukraine: Directions for Growth Based on Comparative Analysis

Brintseva

2023

KREM

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Findings:The results indicate that the efficiency of human capital in Ukraine is low. This is caused primarily by negative economic dynamics, but also by fairly low public spending on education and healthcare. Implications / Recommendations: A review of the literature shows that implementation of the Polish experience could boost the effectiveness of human capital investments in Ukraine. Conducting a comparative analysis will make it possible to identify the main areas and directions of their implementation. Contribution: The article contributes to the scientific literature on evaluating the effectiveness of human capital investment. It also identifies current shortcomings in the creation, development, use and preservation of human capital, and which should be improved in such areas as education, healthcare and the social and labour sphere.Article type: original article.

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Section: Literature Reviewmentioning

confidence: 99%

“…Following Boarini, d'Ercole and Liu (2012) and Grishnova, Dorosh and Shurpa (2015), the value of human capital is calculated using the cost method:…”

Section: Findings From the Empirical Researchmentioning

confidence: 99%

The Effectiveness of Investment in Human Capital in Poland and Ukraine: Directions for Growth Based on Comparative Analysis

Brintseva

2023

KREM

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“…The following scientists have made a significant contribution to the formation of the human capital theory in modern science: O. Grishnova has thoroughly investigated problems of the human capital formation and development at various hierarchical levels of economic system and determined the factors of its growth at these levels; has substantiated the interconnection of human capital with intellectual and social capital, proposed approaches to evaluation; has identified ways to preserve human capital in a crisis [7,8]; N. Azmiuk has discovered the factors of formation and development the human capital innovative forms [9]; V. Kovalchuk has defined human capital as a powerful factor in the innovation development of economy and proposed an organizational and economic mechanism for investing in human capital in the context of globalization processes intensification [10]; O. Mazina has proposed an approach to assessing the value of human capital taking into account the risks of its dissipation and the possibilities of its preservation and development [11]; O. Levchenko, D. Plynokos, O. Tkachuk have made suggestions on the main directions of innovative influence on the processes of human capital formation and development in Ukraine [12]; A. Osiychuk has highlighted the role of the institutional system in the human capital formation and development [13].…”

Section: Introductionmentioning

confidence: 99%

Background of Human Capital Development in the Context of Forming the Economy of Knowledge

Iankovets

2018

EUREKA: Social and Humanities

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The general definition of human capital has been given, the most important factors of influence on it regardless of the hierarchical level of the economic system, namely education and health, have been indicated in the article. The stages of the human capital development from the basic to the innovative one have been identified and the important internal human factors that can be influenced from the outside, reinforcing them, which will influence the increase of the level of human capital have been emphasized. The Global Human Capital Report of the World Economic Forum in 2017 has been analyzed in order to identify the place of Ukraine and its determinants, as compared to countries, the highest level of human capital in the world. This allowed identifying the problems of human capital development in Ukraine and the corresponding directions of their overcoming. The main problems include: lowering the welfare and quality of life of the population; departure of highly skilled specialists abroad; the reduction of employment opportunities in the specialty due to the low qualification and inconsistency of the received education with the demanded occupations in the labor market, which are changing on a global scale. To overcome these problems, it is important to create certain preconditions at different hierarchical levels of the economic system in the context of the knowledge economy formation. At macro level, the prerequisites for the human capital development include: implementation of measures to overcome corruption; the revival of morality and the general culture of society; creation of a favorable innovation climate and an innovative culture of the country's population; maintenance of domestic commodity producers; development and implementation of effective intellectual property rights protection instruments at the legislative level. On the meso-level, such preconditions are: the development of higher and special vocational education in the branch directions; development of innovation infrastructure; distribution of clusters for business development; the maintenance of domestic commodity producers. At micro level, the above-mentioned prerequisites include: scientific approach to the organization of work; modern quality and efficient management system and relevant organizational structure and system of labor motivation and stimulation; introduction of innovative approaches, methods, tools in all areas of activity.

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“…The problems of informal employment dissemination and the development of mechanisms that will help to minimize the negative consequences have been addressed in the work of numerous domestic researchers, such as E. Libanova [1], Yu. Kharazishvili [2], A. Kolot [3], T. Burlay [4], L. Shaulska, O. Grishnova [5], Т. Zaiats, О. Kuznetsova, O. Novikova, S. Shumska, O. Nezhyvenko [6], O. Tsymbal [7] and others. Despite sufficient attention and theoretical elaboration of the problem, it still remains relevant and requires additional analysis and justification of effective instruments of state employment policy.…”

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confidence: 99%

Informal employment: risks and consequences for the Ukrainian labor market

Blyzniuk¹

2020

Ukr. socìum

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Institutional pathologies and the inability of the institutional order of the labor market to adapt to possible changes is manifested in the expansion of the informal segment of labor market and in the distortionof social and labor relations. The author considers theoretical approaches to defining the volume and characteristics of the informal segment of the labor market. Generalized are the advantages and disadvantages of individual methods of estimating informal employment. Using logistic regression, author evaluates the risks of informal employment by socio-demographic characteristics, employment levels and occupation. According to the results of the evaluation, it is proven that the most dangerous age is the youngest and the oldest age groups, as these categories are the most vulnerable and socially unprotected in market conditions. It is those lacking vocational education who have the greatest risk of entering the informal employment segment. The calculations prove that having a vocational education significantly raises the "gain" for women employed in agriculture, and information and telecommunications. It is proven that the structure and level of employment in the formal and informal sectors is an important factor in aggregate labor productivity. By evaluating the aggregate productivity of formal and informal market segments, the author substantiates the importance of the relocation component in terms of economic development prospects. Thus, the calculations prove that the effect of the flow of workers between the informal and formal segments is quite significant for agriculture, trade and construction. While, on the contrary in healthcare, education, transport, and processing, the impact of the intra-industry component on aggregate productivity is greater in comparison to the displacement factor. The weight of the relocation component in the economy as a whole is higher than that of the intra-industry impact factors. Creating an institutional environment that would help reduce the economic activities in the informal segment would objectively promote economic growth.

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Human Capital Under Crisis: Evaluation and Preservation Opportunities Search

Cited by 8 publications

References 1 publication

The Effectiveness of Investment in Human Capital in Poland and Ukraine: Directions for Growth Based on Comparative Analysis

The Effectiveness of Investment in Human Capital in Poland and Ukraine: Directions for Growth Based on Comparative Analysis

Background of Human Capital Development in the Context of Forming the Economy of Knowledge

Informal employment: risks and consequences for the Ukrainian labor market

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