Development of human capital as the basis for sustainable development of rural areas

Authors

  • Yurii Lupenko Doctor of Science in Economics, Professor, Academician National Academy of Agrarian Sciences of Ukraine, Head of National Science Center "Institute of Agrarian Economics" https://orcid.org/0000-0001-6846-0300
  • Bogdan Iegorov Doctor of Technical Sciences, Professor, Academician National Academy of Agrarian Sciences of Ukraine, Honored Worker of Science and Technology of Ukraine, Professor of the Department of Grain and Feed Technology, Odesa National University of Technology https://orcid.org/0000-0001-7526-0315
  • Valerii Nemchenko Doctor of Science in Economics, Professor, Head of the Department of Accounting and Auditing, Odesa National University of Technology https://orcid.org/0000-0002-2984-3357
  • Nataliia Lagodiienko Doctor of Science in Economics, Professor, Professor of the Department of Digital Technologies of Financial Operations https://orcid.org/0000-0002-8472-1395

DOI:

https://doi.org/10.5281/zenodo.14860929

Keywords:

sustainable development, sustainable development goals, rural area sustainable development, human capital, rural human capital

Abstract

This article is dedicated to studying human capital's role in ensuring rural areas' sustainable development. The aim of the study is to analyze the existing theoretical aspects of rural development and investigate the role of human capital in this process.

Methods. The article thoroughly examines the importance of sustainable development of rural areas as a key element in ensuring economic stability, social equilibrium, and ecological safety at the national level. The study presents a comprehensive approach to solving the main issues of rural areas, particularly in the context of integrating the United Nations Sustainable Development Goals (SDGs), focusing on economic, social, and environmental development. The research substantiates that sustainable development of rural areas in the context of achieving SDG 1 - reducing rural poverty, SDG 3 - ensuring health and well-being, SDG 4 - improving the quality of rural education, SDG 8 - ensuring decent work and economic growth for rural populations, SDG 10 - reducing inequalities in rural areas, SDG 15 - conserving terrestrial ecosystems, and SDG 17 - strengthening institutional capacity and partnerships between different levels of government, the private sector, and civil society organizations, requires not only economic and infrastructural changes but also a radical transformation of social and ecological policies.

Results. The research revealed the importance of human capital as the foundation for implementing the sustainable development strategy for rural areas. It highlights that education, health development, social activity, and access to infrastructure are the key elements to improving the quality of life in rural areas and creating conditions for social cohesion. Economic efficiency should be achieved through investments in the agricultural sector, social initiatives to reduce poverty, and innovative technologies to increase the competitiveness of rural areas. The development of infrastructure, which ensures human capital's access to education, healthcare, and cultural initiatives, plays a crucial role in this process.

Conclusions. Overall, the study showed that only with the active involvement of human capital and institutional support can the long-term development of rural areas be ensured, combining economic prosperity with social stability and environmental responsibility.

Published

2024-10-29

How to Cite

Lupenko, Y., Iegorov , B., Nemchenko , V., & Lagodiienko , N. (2024). Development of human capital as the basis for sustainable development of rural areas. Current Issues of Economic Sciences, (3-4). https://doi.org/10.5281/zenodo.14860929