Socio-Economic Security of the Region in the Context of Human Capital Development

• Published in: Sustainability 2023-01, Vol.15 (1), p.404
• Main Authors: Yakovenko, Nataliya V, Semenova, Lyudmila, Tsoy, Marina Ye, Zavyalova, Galina I, Semenova, Elena A, Belenok, Irina A
• Format: Article
• Language: English
• Subjects: Aging; Aging (natural); Analysis; Digital economy; Econometrics; Economic aspects; Economic development; Economic life; Economic research; Economic security; GDP; Gross Domestic Product; Human capital; Information processing; Labor market; Population decline; Public health; Russia; Safety and security measures; Security; Security management; Society; Socioeconomic factors; Socioeconomics; State policy; Statistical analysis
• ISSN: 2071-1050; 2071-1050
• DOI: 10.3390/su15010404

Socio-economic security is a highly critical issue that is addressed by every country in the world. In order to counteract challenges and threats faced by Russia, the Economic Security Strategy of the Russian Federation has been formulated. The development of human capital was proclaimed as one of the key areas to be targeted by the state policy. In this regard, the primary task is to identify destabilizing factors of socio-economic security in the development of human capital, which determined the relevance of the article. The article analyzes the research approaches to defining the key features of socio-economic security and human capital. It highlights the main principles of the theory of human capital on the basis of which a systematic approach to the study of human capital is justified. The proposed approach aims to identify negative factors that weaken regional security. By adopting this approach to the data in hand, the socio-economic security of the Voronezh Region, the old-developed region of the Central Black Earth Region in Russia, has been assessed. The data used for the analysis were collected from the Federal State Statistics Service. The mapping of the results of socio-economic differentiation was carried out by methods of GIS-technology, in particular Quantum GIS 12. For the processing of the initial information, the of multivariate statistical and econometric analysis SPSS Statistic 20.0 was used. As a result, factors that will have a negative impact on the development of human capital in the foreseeable future have been identified, namely the deterioration of the demographic situation, in particular the aging of the population and its natural decline; the decline in the quality of education, imbalances in the labor market, declining living standards, and deteriorating public health. It is concluded that to overcome the critical situation in the sphere of human capital and to ensure socio-economic security, it is necessary to carry out preventive measures.