The purpose of this paper is to explore the relationship between the percentage of expenditure on public education of a country and the effect that each percentage mark has on the economic growth, and therefore Gross Domestic Product (GDP) of a country. The goal of this paper is to explore how investment in education impacts the economic growth of…

This paper evaluates the determinants of the value of investment in higher education (absolute expected returns from higher education) among students of Russian universities, accounting for variations in the socio-economic development of different Russian regions. Based on the longitudinal study, 'Trajectories in Education and Careers', it shows…

We define non-formal education as a part of general education, which gives students the required tools for cognition and creativity. It allows them to fully realize their self-potential and to set their own professional and personal goals. In this article, we outline the fundamental differences between general and non-formal education from the…

The model of shift share analysis was improved to show that the foundation of economy's transition to industrially innovational type of development is created at the local level in case of developing countries. Analysis of structural shifts in 28 large cities in 2008-2014 showed that the perspective of industrially innovational development is yet…

Changes in reproductive behavior among young people in Russia, changing patterns of marriage and family formation, and high death rates among males are all affecting Russia's human capital potential, and public policy reforms will need to take this into account. The new Federal Law "On Youth Policy" represents an important stage that…

Survey data comparing the life aspirations of three generations of Russians show an increase from the level of the Soviet generation of young people to the perestroika generation, followed by a decline in the generation of young people who were born and grew up in today's "market" Russia. One chief cause of the downward dynamic of their…

It is generally accepted that human capital is an important factor in economic growth, but its impact on growth depends on the demand for education and skills on the labor market. Demand for human capital is largely determined by the institutional environment that governs the basic conditions for economic activity. The author expresses ten doubts…

Research on the relationship between education and occupational career in Russia shows that the type of secondary educational institution from which people initially graduate has a lengthy and latent differentiating influence on their accumulation of educational capital and their educational and professional trajectories. The groups with varying…

The modernization of Russia requires people to be trained for a modern economy, for technological development, and for the sphere of state, regional, and corporate management. Accomplishing this complex task has been assigned to the "New School" policy, approved in 2010. The present article examines ways of dealing with problems that…

This study analyses the role and impact of higher education on per capita economic growth in the Former Soviet Bloc. It attempts to estimate the significance of educational levels for initiating substantial economic growth that now takes place in these two countries. This study estimates a system of linear and log-linear equations that account for…

The steady tendencies toward the decline in the size of Russia's population in the twenty-first century, owing to the effect of global political, social, and economic factors, are giving rise to a number of fundamental problems that have to do with the erosion of the conditions that are essential not only for the stable development of society, but…

We examine how the shift from state socialism affects gender inequality in the labor market using multivariate models of employment exit, employment entry, job mobility and new job quality for 3,580 Russian adults from 1991 through 1997. Gender differences changed in a complex fashion. Relative to men, women gained greater access to employment,…

For many decades now the sphere of education in Russia has been considered to be among the most well off among other spheres of activity, from the standpoint of gender equality. One component of radical economic reforms in Russia in the 1990s was the transformation of education financing. During the reform years the number of students in higher…