UDC 332.1
DOI: 10.36871/ek.up.p.r.2023.09.01.017

Authors

Vitalii O. Nikolaenko,
Peter the Great St. Petersburg Polytechnic University, St. Petersburg, Russia

Abstract

In this article, an analysis has been conducted of the current Human Development Index (HDI) values for the Russian Federation in comparison to foreign countries, as well as for Saint Petersburg in comparison to other regions of the country. Additionally, the author has identified shortcomings in the existing approach to calculating the HDI and has proposed a methodology for calculating the corresponding measure using a new composite indicator for more accurate assessment of this index.

Keywords

Human capital, human potential, Human Development Index, Socioeconomic development, Regional development, State and municipal governance.