STRATEGY OF TRANSFORMATION OF ECONOMIC GROWTH INTO HUMAN DEVELOPMENT

Abstract

The article considers directions  of modern  economic development, capable of providing not only economic growth but sustainable development of the Russian society. They include reliance  on knowledge, increase of importance of free goods, innovativeness, development  of all territories, especially rural, public and private partnership. It is demonstrated that human development is a social indicator  of such development. Sophisticated services must be developed in economy, highly-qualified personnel have to be employed, high level of «economic creativeness» is needed. It is brought  to notice that economic growth in the country significantly depends on management issues.