The Influence of the Political Elite on the Formation of Human Capital in Russia

Abstract

Strategic objectives, prospects and realities of development in modern Russia, outlined in the may Decree of the President of the Russian Federation (2018), determine the special role of human capital as a factor of economic growth and a huge resource of socio-economic development of the country as a whole. The state policy in the sphere of human capital, as an important part of the economic strategy and social policy, should be formed taking into account new challenges and contribute to the achievement of national goals and implementation of strategic objectives of the Russian Federation.Human capital is currently shaping the economies of developed countries to the greatest extent. This is demonstrated by such States as Germany, Japan, South Korea, Singapore, etc. in the structure of national economies, the share of human capital reaches 80%. The formation history of the strongest economies in the world shows a direct dependence on the quality of human capital and the activities of the political elite, the leadership ambitions of political leaders, from intelligence, education, motivation, political will which is crucial to socio-economic development and prosperity of many developed countries. In turn, the Russian elite itself demonstrates the special characteristics of its own human capital as the main productive and social factor in the development of the modern economy, society and statehood. In this article, the authors consider the role of the political elite in the formation of human capital in the context of social policy in modern Russia.