Authors : Ekaterina Yu. Charochkina, Oleg V. Mihailov, Elena N. Syshchikova, Marianna B. Shmyreva and Nina I. Lygina
Abstract: The study deals with the research of essence and specifics of human capital formation in the present economic and political situation. The researcher come to conclusion that the current instability is a specific feature of development, typical to the world system. This fact inevitably gives rise to practical issues involving clear definition of objectives of socio-economic development of countries and regions. The researcher note particular significance of these problems for Russia and other countries that settled down to a course of creation of advanced open economy. The study considers the role of human capital in socio-economic development of society and economy, substantiates the necessity of solving the problems of market failures and state regulation, distinguishes their forms and proposes economical regulation mechanism to control market failures in capital markets.
Ekaterina Yu. Charochkina, Oleg V. Mihailov, Elena N. Syshchikova, Marianna B. Shmyreva and Nina I. Lygina, 2016. Economic Regulation Mechanism of Market and State Failures in the Human Capital Markets. International Business Management, 10: 6876-6880.