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Abstract
Human capacity in the modern world is one of the main types of economic potential. It can be measured with the help of Human Development Index (HDI). The Human Development Index is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. The subject of research of the article is human potential as the ultimate criteria for assessing the development of a country. The purpose of the work is to determine the role of human potential in the process of economic development of the state. Scientific methods are used, such as graphical analysis (to determine dynamics of HDI development in Ukraine), correlation analysis (to show the impact of HDI on GNI per capita in post-Soviet countries). Traditionally OECD countries show very high human development (0,89). Among post-Soviet countries Russia and Belarus outrank other states in human development index. However, it appears that they improved their characteristics largely by prolonging the time its population spends in school rather than boosting population health and the standard of living indices. Russia ranks 49th and Belarus ranks 53rd in the 2017 Human Development Index. That places them ahead of fellow post-Soviet states, Kazakhstan (58th), Azerbaijan (80th), Armenia (83rd) and Ukraine (88th). Conclusions: the experience of developed countries, as well as some post-Soviet states, shows that the development of human potential sufficiently affects some certain macroeconomic indicators, especially in emerging economies. Moreover, the growth of human potential can support the development of an innovative economy of the state, which is extremely relevant for Ukraine. Therefore, attention should be paid to the main areas of development of human potential, such as: demographic and public preservation policies, development of health care; development of physical culture and sports, development of education, development of culture and mass media; labor market development; development of social institutions and social policy; youth policy; development of the pension system; ecological safety.
Highlights
The cover reflects human development progress over 1990–2017 in terms of Human Development Index (HDI) values and the number of people in the four human development categories
Unsustainable water withdrawals and inadequate treatment of waste contaminate drinking water, with cascading impacts on health, employment and gender inequality. This Update has shown a snapshot of conditions today as well as key trends in human development indices and indicators
Shifting the focus towards the quality of human development will be important in monitoring future progress
Summary
The disadvantages facing women and girls are a major source of inequality and one of the greatest barriers to human development progress. The average number of hospital beds per 10,000 people is 58 in high human development countries, compared with 9 in medium human development countries and 13 in low human development countries Another way to assess the quality of health is to look at output indicators such as healthy life expectancy, which provides information on. The modified MPI identifies overlapping deprivations at the household level across the same three dimensions as the HDI (health, education and living standards) It shows the proportion of people who are multidimensionally poor and the average number of deprivations that each poor person experiences. Healthy life expectancy is 12.0 percent lower than overall life expectancy for all regions and human development groups This means that, on average, people around the globe spend 88.0 percent of their life in fairly good health but face challenges in their last years. Unsustainable water withdrawals and inadequate treatment of waste contaminate drinking water, with cascading impacts on health, employment and gender inequality
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