Changes in Education and Human Capital after the Challenges of the COVID-19 Pandemic

Ana Anufrijev; Marijana Milunović

doi:10.62907/eemr250401045a

Authors

Ana Anufrijev University “Union – Nikola Tesla”, Faculty for economy and finance Author https://orcid.org/0000-0001-5476-440X
Marijana Milunović University “Union – Nikola Tesla”, Faculty for economy and finance Author https://orcid.org/0000-0003-3791-5098

DOI:

https://doi.org/10.62907/eemr250401045a

Keywords:

COVID-19 pandemic, education, risks, human capital, post-COVID

Abstract

The COVID-19 pandemic has caused significant changes across all segments of society, and the education sector and human capital were no exception. This paper analyzes the transformations that arose as a result of the global health crisis, with a particular focus on the adaptation of educational systems and changes in human capital development. In order to overcome the challenges posed by the pandemic, educational institutions rapidly adopted digital technologies, leading to the widespread implementation of online learning and changes in teaching methodologies. These changes had long-term consequences on the quality of education, access to educational resources, and the ability of the workforce to adapt to new markets and industries. The paper explores how educational systems worldwide responded to these changes, how new forms of learning and employment developed, and how skills and competencies were valued in the postpandemic society. Additionally, it examines the challenges and opportunities for improving human capital in the era of post-pandemic economic and social transformation. Based on the research, the paper provides recommendations for future educational policy strategies and human capital development in the context of the newly emerged global and local circumstances.

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