Abstract

The article considers the impact of consumer spending, as well as investment in business on economic growth, economic development of enterprises and the formation of human capital. Since human capital is the main value and source of competitive advantage of enterprises, the paper outlines the state of implementation of the Sustainable Development Goals set by the United Nations for the world community in Ukraine. The study focuses exclusively on the goals of human capital deve-lopment, namely № 3 – ensuring a healthy lifestyle and promoting well-being for all at all ages, № 4 – providing a comprehensive and equitable quality education and promoting learning opportunities throughout life for all, № 5 – ensuring gender equality, empowering all women and girls, № 8 – promoting progressive, inclusive and sustainable economic growth, full and productive employment and decent work for all (macro level). Ukraine’s place in the international ranking of countries according to the integrated indicator of the United Nations, which quantifies the development of human capital – Human Development Index. During the period from 2015 to 2019, Ukraine strengthened its position by 1.4%. The paper analyzes the level of influence of the level of education on employment and, ultimately, on economic growth according to the Organization for Economic Cooperation and Development. The importance of investments in human capital is substantiated. Areas in which enterprises invest for the development of human capital have been eradicated: health care (affects people’s qualityof life, its duration, as well as work efficiency), mental and cultural development (work-life balance) and multi-format training (micro level). The study provides examples of some training centers in the structure of Ukrainian enterprises in various fields (consulting, aircraft, energy, automotive, pneumatic automation), which allow not only to develop human capital, but also to bring economic benefits to enterprises and benefit society. The article formulates the importance of human capital development for society as a whole, which characterizes the meso level.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.