SOME “TRAPS” OF HUMAN CAPITAL DEVELOPMENT UNDER THE CONDITIONS OF GLOBAL SOCIAL TRANSFORMATIONS

Анотація

The article is devoted to the designation of traps in the development of human capital. It is shown that the influence of globalization gives rise to contradictory transformational changes in societies that form negative effects and hidden traps. Faced with them, the development of human capital becomes ineffective, slows down, exerting a negative impact on economic and social processes in society. On the basis of conceptual approaches to the interpretation of human capital, its structure and factor determination, as well as analysis of statistical data, the following main traps are highlighted: low wages, low motivation for work, the loss of higher education status of an investment tool in human capital, inequality, poverty and qualification inflation. The deep connection of economic processes of human capital development with education as a process and a social institution is shown.

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