Human Capital and Human Development in Russia

In Russia active studies in human capital begun in 1990s and have been continued in 2000s. Most theories attempt to break down human capital into some components for analysis. This article is intended to analyze structure of human capital and estimate national human capital. The author suggests that the general structure of human capital might be formalized like in a matrix. That performance pretend to estimate and analyze different aspects of human capital and investment in it based on the system performance. It is justified that national human capital is directly related to human development; therefore Human Development Index is convenient and clear indicator of estimating country’s human capital. The HDI published by UN put Russia among countries with high human capital assets. Thus, the accumulation of human capital, reflected in growth of HDI, is the foundation of further sustainable economic growth.