IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/v15y2025i4id19299.html

The Development of Human Capital within the Framework of the Demographic Economy of Ukraine: Factors of Stability

Author

Listed:
  • Bilorusets, Lesia

    (Department of HR-Engineering in Business Economics, Khmelnytskyi National University, Khmelnytskyi, Ukraine)

  • Mylenkyi, Vladyslav

    (Department of Production of Audiovisual Art and Production, Kyiv National I. K. Karpenko-Kary Theatre, Cinema and Television University, Kyiv, Ukraine)

  • Lunova, Tetiana

    (Department of Management, Marketing and Public Administration, Faculty of Finance and Economics, National Academy of Statistics, Accounting and Audit, Kyiv, Ukraine)

  • Zhurba, Oleksandr

    (Department of Economics and Competition Policy, State University of Trade and Economics, Kyiv, Ukraine)

  • Samoilenko, Viktoriia

    (Department of Management, Logistics and Innovations, Educational and Scientific Institute of Management and Marketing, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine)

Abstract

This study investigates the role of demographic, economic and social factors in shaping labor force participation and sustaining human capital in demographic economy of Ukraine. Current work focuses on demographic indicators such as birth rate, net migration and literacy rate and also considers economic indicators like education spending, unemployment and labor productivity, to identify critical drivers of workforce engagement. Using regression analysis (2000 to 2023) and SWOT evaluation, the findings reveal that while demographic decline and negative migration trends negatively impact labor force participation, higher investment in education, improved literacy rates, and enhanced labor productivity significantly contribute to workforce engagement and economic integration and growth. SWOT analysis identifies high literacy rates, skilled labor, and EU integration as key strengths and opportunities that enhance workforce engagement, drive innovation, and facilitate integration into global markets. And weaknesses identified are low birth rates and underfunded education, along with threats such as brain drain and political instability, challenge sustainable human capital development. Policy recommendations are provided to address these challenges and foster a productive labor market for long-term growth, social mobility and innovative development.

Suggested Citation

  • Bilorusets, Lesia & Mylenkyi, Vladyslav & Lunova, Tetiana & Zhurba, Oleksandr & Samoilenko, Viktoriia, 2025. "The Development of Human Capital within the Framework of the Demographic Economy of Ukraine: Factors of Stability," International Journal of Economics and Financial Issues, Econjournals, vol. 15(4), pages 144-151, June.
    • Handle: RePEc:eco:journ1:v:15:y:2025:i:4:id:19299
    DOI: 10.32479/ijefi.19299
    as

    Download full text from publisher

    File URL: https://econjournals.com/index.php/ijefi/article/download/19299/9008
    Download Restriction: no
    File URL: https://libkey.io/10.32479/ijefi.19299?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:v:15:y:2025:i:4:id:19299. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijefi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.