Formation of Human Capital and Its Interaction with the Labor Market in the Sughd Region of the Republic of Tajikistan
https://doi.org/10.35854/1998-1627-2020-12-1316-1323
Abstract
Aim. The presented study aims to theoretically substantiate the peculiarities of human capital formation and its implementation in the labor market as a factor of regional growth.
Tasks. The authors consider, systematize, and analyze the problem of human capital formation and regulation in the context of digitalization, its social consequences for the labor market.
Methods. The methodological framework of the study includes systematic and graph analytical methods of analysis, which make it possible to take a scientifically grounded approach to the development of recommendations for the efficient implementation of human capital in the regional labor market with the goal of achieving full employment.
Results. Trends in the regional labor market and structural changes in the workforce are analyzed, the components of the human development index of the Sughd region are analyzed in detail. This index reflects the ongoing processes, determining their dynamic and structural characteristics. The dynamics of regional budget expenditures on the development of human capital are examined. It is established that an inconsistent economic policy leads to a structural mismatch between supply and demand in the system of training and employment of qualified personnel, which has a negative impact on the outcome indicators of the regional economy.
Conclusions. The results of this study can serve as a basis for the development of strategic plans for regional development and state regulation of the country’s labor market.
Keywords
human capital,
gross regional product (GRP),
sustainability,
workforce,
labor market,
market interaction,
unemployment
Supporting agencies: This study was conducted as part of a government task of Market Economy Institute of the Russian Academy of Sciences. The topic of the research project is “Modeling the processes for ensuring sustainable and balanced socio-economic and spatial development of Russia and neighboring countries with the purpose of forming the Greater Eurasian Partnership”.
About the Authors
K. Kh. Zoidov
Market Economy Institute of Russian Academy of Sciences (MEI RAS)
Russian Federation
Russian Federation
Kobilzhon Kh. Zoidov – Ph.D. in Physical and Mathematical Sciences, Associate Professor, Head of the Laboratory
47, Nakhimovskiy Ave., Moscow, 117418
A. A. Urunov
State University of Management
Russian Federation
Russian Federation
Asror A. Urunov – D.Sci., Ph.D. in Economics, Professor, Professor of the Department of Economic Policy and Economic Measurements
99, Ryazanskiy Ave., Moscow, 109542
Z. B. Akramova
Khujand Polytechnic Institute of the Tajik Technical University. akad. M. S. Osimi
Tajikistan
Tajikistan
Zarrina B. Akramova – Ph.D. in Economics, Associate Professor, Head of the Department of Industrial Economics
226, Ismoili Somoni Ave., Khujand, 735700
Sh. N. Muminova
Khujand Polytechnic Institute of the Tajik Technical University. akad. M. S. Osimi
Tajikistan
Tajikistan
Shokhzodakhon N. Muminova – Ph.D. in Economics, Associate Professor, Associate Professor of the Department of Industrial Economics
226, Ismoili Somoni Ave., Khujand, 735700
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Review
For citations:
Zoidov K.Kh., Urunov A.A., Akramova Z.B., Muminova Sh.N. Formation of Human Capital and Its Interaction with the Labor Market in the Sughd Region of the Republic of Tajikistan. Economics and Management. 2020;26(12):1316-1323. (In Russ.) https://doi.org/10.35854/1998-1627-2020-12-1316-1323
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