The Quality of life as A factor in the Development of the Russian Economy

Abstract

The Russian economy has entered the stage of structural and technological restructuring. Despite the many problems facing country, improving the quality of life remains an absolute priority. This issue is complex and involves a set of targeted actions in the field of demography, health, education, labor market regulation, and social policy. The large-scale structural shift that has occurred in the Russian economy under the influence of sanctions has demonstrated possible directions for the transformation of the domestic labor market. The increase in the level of wages at existing facilities allows us to count on the use of existing low-capital-intensive solutions for the modernization of production facilities. At the same time, the requirements for technological solutions in industry are increasing, which should be based on low-labor-intensive technologies. An important tool for coordinating supply and demand in the labor market should be its forecast, which ensures that the parameters of economic development are coordinated with the requirements for training personnel in the sectoral, professional, qualification and regional context. Ensuring decision-making to improve the quality and standard of living of the population requires appropriate expert support, in which the RAS can play a significant role.