The biophysical capital and its influence on the formation of the human potential of the Republic of Belarus

  • Artsiom V. Ramanouski Minskvodokanal, Pulichava Street, 15, 220088, Minsk, Belarus

Abstract

This article is dedicated to the human capital and its main structural components. Human capital is analysed as a complex conception which can be divided into three main parts: the biophysical capital, social capital, intellectual capital. This article reflects the author’s opinion that biophysical capital is the basic structure part of human capital. The aim of the article is to study the biophysical capital as the main component of human capital. The object of article biophysical capital of the Republic of Belarus. The subject of article is biophysical capital and its influence on the formation of the human potential. This article contains the analysis of quantitative changes in the human development index (HDI) for the Republic of Belarus for the last 25 years (1990 –2015). Moreover, this article contains calculation of the HDI of the Republic of Belarus as if life expectancy at birth indicator was 75 years). Explored main directions of development of the Republic of Belarus in the field of human development and health in accordance with the socio-economic development program for 2016 –2020 years in Belarus.

Author Biography

Artsiom V. Ramanouski, Minskvodokanal, Pulichava Street, 15, 220088, Minsk, Belarus

master of science (economics), head of the sector to provide construction and inventory values DMTS

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Published
2018-10-27
Keywords: human capital, human potential, human development index, biophysical capital, social capital, intellectual capital, life expectancy at birth, the Republic of Belarus
How to Cite
Ramanouski, A. V. (2018). The biophysical capital and its influence on the formation of the human potential of the Republic of Belarus. Journal of the Belarusian State University. Economics, 1, 97-102. Retrieved from https://journals.bsu.by/index.php/economy/article/view/2186
Issue
No 1 (2017): Journal of the Belarusian State University. Economics
Section
I. Health, Education, and Welfare

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