INTERCONNECTION OF THE HUMAN CAPITAL INDEX AND THE DEVELOPMENT OF THE INSTITUTIONAL SYSTEM OF THE COUNTRY

Анотація

Existing studies of human capital and the development of the country's institutional system have been analyzed. For the first time, the connection between the human capital index and the development of the country's institutional system has been shown. A system of indicators related to human capital has been compiled: political-legal, economic, social and institutional. They describe the interconnection between the development of human capital and the state of the institutional system. A model for evaluating the development of human capital is proposed. Firstly, it examines indicators of the development of the country's institutional system, and secondly, it establishes the relationship between capital development and the institutional system. This makes it possible to predict the dynamism of human capital development depending on various changes, and to predict the direction of the state in relation to the steady improvement of the economy and other areas.An expert method of analysis was applied. Multiple correlation-regression analysis methods are used for multifactorial models and phenomena. They helped to study and quantify the internal and external consequential relationships between factors and the resulting feature; to investigate the regularities of functioning, trends in the development of the result; establish the density of the relationship between the development of human capital and the institutional system of the country. Thus, the goal of the research was achieved – to establish a connection between the human capital index and the development of the country's institutional system.

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