THE IMPACT OF COVID-19 ON THE QUALITY OF HUMAN CAPITAL FOR THE ECONOMIC DEVELOPMENT OF AZERBAIJAN

The study's purpose was to develop an approach to the empirical assessment of the impact of the quality of HC on the developing economy during the economic crisis, using the example of Azerbaijan. To obtain quantitative assessments of the qualitative characteristics of human capital development, the questionnaire method has been used. Based on a survey of 7232 people (which has been carried out in July-September 2017-2020 in the context of the economic regions of Azerbaijan) and the main components' method, the factors of the qualitative characteristics of the development of the HC were determined. An integral model of an empirical assessment of HC's qualitative development has been developed, and the nature and level of its influence on national economies during a pandemic have been determined. The findings can be critically useful in developing health and education policies and planning investments for post-crisis recovery.