Opportunities for the formation of high-quality human capital in the conditions of a “silver” society
2019
Zencaka, A., Riga Technical Univ. (Latvia) | Senfelde, M., Riga Technical Univ. (Latvia) | Pavlova, I., Riga Technical Univ. (Latvia)
Population aging is one of the main social and economic problems of the 21st century in the developed countries. As a result of the development of medical science and increase the life quality, the potential biological age limit for people has increased rapidly, affecting the overall population's demographic situation and getting older. The general macroeconomic goals of any country are economic growth and sustainable development. In Europe and Latvia, these goals would be achieved by implementing an effective “silver” policy and economy. The authors have concluded that not cutting the value of human capital and finding opportunities to increase its productivity are the most important long-term challenges. The aim of research is identification of factors that affect the possibilities for developing high-quality human capital in a “silver” society. As a result, the authors have offered recommendations to be implemented in order, despite the negative changes to the demographic situation, the value of human capital will not be reduced, and its productivity will be increased by implementing the “silver” economy.
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