Differences in approaches to human resource management in Russia and the Latin American countries: comparative review

The article presents a comparative overview of practices and approaches to human resource management in Russia, including its northern regions, and the Latin American countries. The author analyzes the evolution of the term of human resources as an economic category and surveys the practice of human resource management in Russia and Latin America in the past and today. Both regions are currently involved in the process of transition to innovative economy and face various difficulties. Managers try to find efficient ways to combine traditional local practices for these countries with global methods of personnel management. To solve these paradoxes, the states need scientists and experts in the field of personnel management who could make a great contribution to the development of society and business in these countries.