Human Capital Russian Elite and Efficiency Public Administration

Abstract

The article considers the influence of the quality of human capital of the Russian elite on the effectiveness of public administration in modern Russia. Focusing on the qualitative characteristics of the Russian elite, the authors pay special attention to the analysis of the main components and consequences of its socioeconomic policy. As the present study shows the lack of professionalism and incompetence of the majority of the Russian elite in matters of public administration, their disregard of economic laws negatively affects the socioeconomic development of Russia and does not allow creating an innovative economy, ensuring a high quality of life for the majority of Russian citizens. The huge property differentiation of Russian society and the low standard of living of the main part of Russians not only contributes to the growth of social tension in society, but also hinders the development of Russia as a whole. According to the authors, the human capital of the Russian elite has not yet reached quality indicators comparable to the developed countries of the world and is not always a decisive factor in the innovative development of regions and the national economy. Therefore, the modernization of the human capital of the Russian elite should become a priority direction of the state policy of modern Russia.