RESEARCH OF THE POTENTIAL OF PERSONS THROUGH HUMAN CAPITAL INDEX

Ralitza Pandurska ()
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Ralitza Pandurska: Department Human Resources and Social Protection, UNWE, Bulgaria

HR and Technologies, 2022, issue 2, 16-34

Abstract: The necessity to analyze and forecast the need for workforce with specific competencies leads to using an appropriate indicator to measure the degree of human capital development. Among the many indicators that examine different aspects of labor potential, the human capital index stands out as a carrier of comparable and reliable information about it. This article aims to present the human capital index, developed by the World Bank, as a suitable indicator for measuring the quality of human capital, which takes into account the conditions for developing the children's full capacity and their transformation into full-fledged participants in the future workforce. The comparison of the level of HCI in different countries and the analysis of the factors that determine it could serve to conduct an appropriate social policy that would improve the quality of human capital and serve to identify good practices in countries with high levels of the index.

Keywords: human capital; human capital index; labor potential; employability (search for similar items in EconPapers)
JEL-codes: I15 J21 J24 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:arb:journl:y:2022:i:2:p:16-34

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