A recent study shows that youth unemployment rose substantially in Hungary during the first wave of the pandemic. Despite some improvement since then, many young people are still without jobs. Does this have any long-term effects and if so, how can it be measured?

The correlation is not deterministic but high quality of (legal) institutions, rule of law and the protection of property rights have a proven positive impact on the economy and thus on the operation of companies. (Data source: WB Doing Business Global Score 2018; FH Freedom in the World Aggregate Score 2018)