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Human Capital Formation in Bulgaria – Lessons from the Pandemic

Author

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  • Irena Zareva

Abstract

The COVID-19 pandemic changed substantially economic and social life globally, causing both a health crisis and a deep recession. It had a significant negative impact on the formation of human capital in both quantitative and qualitative terms and highlighted a number of problems in this area. The purpose of the present study is to highlight and systematise more important effects of the pandemic on the formation of human capital in Bulgaria and to direct attention to problem areas that are a starting point for the development of policies and measures to improve the formation, preservation and development of human capital in the country.

Suggested Citation

  • Irena Zareva, 2024. "Human Capital Formation in Bulgaria – Lessons from the Pandemic," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-18.
  • Handle: RePEc:bas:econst:y:2024:i:4:p:3-18
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2024/2024-4/01_Irena%20Zareva.pdf
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    References listed on IDEAS

    as
    1. Christine de la Maisonneuve & Balázs Égert & David Turner, 2023. "Quantifying the Macroeconomic Impact of COVID-19-Related School Closures through the Human Capital Channel," Economies, MDPI, vol. 11(12), pages 1-14, November.
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    More about this item

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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