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The Significance of Higher Education Adaptation Reforms for Russia’s Economic Growth

In: Consequences of Social Transformation for Economic Theory

Author

Listed:
  • Daria Amelicheva

    (Ural Federal University named after the first President of Russia B.N. Yeltsin)

  • Elizaveta Semenova

    (Ural Federal University named after the first President of Russia B.N. Yeltsin)

  • Elena Kalabina

    (Ural Federal University named after the first President of Russia B.N. Yeltsin
    Ural State University of Economics)

Abstract

Currently, the educational sector, considered the basis for the country's development in the post-industrial era, is facing global challenges: the importance of higher education is declining, the dependence between education level and wage level is weakening, and traditional formats are losing popularity. Reforming the system of higher education institutions is an urgent problem, and the solution to it may lead to large-scale changes in higher education with a positive effect on all stakeholders. The purpose of the study is to determine the role of higher education in the growth of the country's GDP, reveal factors decreasing the value of Russian higher education, analyze the trends characterizing the development of education, as well as peculiarities of education perception in different countries, and develop proposals for reforming the structure of education in Russia to increase its compliance with the requirements of the external environment. The research implies a complex analysis of the interconnection between higher education and the employers’ expectations of the young employees’ qualifications, including the analysis of Big Data on the employers’ requirements for the employees’ collected in Russia in 2020–2021. The article identifies the most significant recruitment factors and, based on them, proposes a system, which is a combination of the most successful practices of adaptation measures for the education sector to correspond to the needs of the labor market.

Suggested Citation

  • Daria Amelicheva & Elizaveta Semenova & Elena Kalabina, 2023. "The Significance of Higher Education Adaptation Reforms for Russia’s Economic Growth," Springer Proceedings in Business and Economics, in: Vikas Kumar & Evgeny Kuzmin & Wei-Bin Zhang & Yuliya Lavrikova (ed.), Consequences of Social Transformation for Economic Theory, pages 85-101, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-27785-6_7
    DOI: 10.1007/978-3-031-27785-6_7
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    More about this item

    Keywords

    Higher education institutions; Candidate evaluation; Higher education reform; Requirements to employees; Hiring factors;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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