Analysis of the Russian Human Capital Index

• Published in: SHS Web of Conferences Vol. 93; p. 3023
• Main Authors: Smirnov, Valeriy, Semenov, Vladislav, Zimin, Sergei, Golubtsov, Nikolay, Dulina, Galina
• Format: Journal Article Conference Proceeding
• Language: English
• Published: Les Ulis EDP Sciences 2021
• Subjects: Government spending; Human capital
• ISSN: 2261-2424; 2416-5182; 2261-2424
• DOI: 10.1051/shsconf/20219303023

The article considers the issue of the Russian economy reaching development limit, what actualizes the need to analyze the human capital index dynamics. The study of the human capital index components dynamics revealed a special priority of state policy. Analysis of the Russian educational system development revealed its feminization, which changes the principles of the modern society formation. A negative change in the Russian educational system was observed in the form of a significant decline in the growth of preschool youth of junior median age and preschool children of younger age, a significant gap in the growth rate of government spending on education (% of GDP) to spending on education as a percentage of total government spending. In general, the priority of state policy to ensure the survival of male children under 5 years of age and subsequent indifference to their socialization in the Russian educational system with clear signs of feminization escalate the problem of gender bias risk. The Russian economy development, based on the increment of surplus value in the process of exploitation of unskilled labor and the level of wages insufficient for natural reproduction of the latter, has reached its limit.