scholarly journals COVID-19 Pandemic: Economy Transformation in Conditions of Restrictions and Uncertainty

Author(s):  
N. V. Barinova

COVID-19 pandemic drastically changed life of people all over the world. The economic situation has become unique in new history. When restrictive measures were introduced economy in the majority of countries functioned according to the temporary economic model. The article studies key economic figures characterizing the economic situation during the first wave of the pandemic, as well as changes in customer behavior of people connected with restrictive measures. The author supports the opinion of some researchers that leaders of many states should pay serious attention to the development of economy of disasters, as COVID-19 pandemic is a real disaster. In this connection the most important aspects of state policy should include: provision of the overall country security and safe life in the critical situation, the development of international public health services and information systems based on network on-line platforms, industry 4.0 and artificial intellect. Proposals were put forward aimed at designing the complex concept of economy of disasters, which shall be developed on the basis of advanced achievements in the fields linked with providing safe life of people. According to the author this concept should be ratified by heads of leading states of the world. Conclusions concerning prospects of developing global economy after COVID-19 pandemic were drawn.

2021 ◽  
Vol 39 (7) ◽  
Author(s):  
Nina Avanesova ◽  
Viktoriia Vovk ◽  
Natalia Reshetniak ◽  
Nataliia Volosnikova ◽  
Yuliia Yehorova

The state and tendencies of COVID-19 influence on the economic situation in the world are studied and the socio-economic losses suffered by the world economy during the pandemic are analyzed. The entire world community, starting in mid-December 2019, has come under the enormous influence of the World Coronavirus Epidemic, called COVID-19. The pandemic caused by this virus has already caused thousands of casualties around the world, imposed significant restrictions on the socio-cultural life of the population and radically changed the trends of the global economy. Today, it is difficult to predict what final human casualties and economic losses will be suffered by states in the short, medium and long term. However, it is important to consider individual economic development forecasts and measures selected by the governments of the world's leading countries to overcome the negative effects of the COVID-19 pandemic. This will allow to form a real vision of the possible course of economic processes that will directly affect the level of socio-cultural life of the population.and the real measures taken to stabilize the financial and economic situation at the micro and macro levels.


Author(s):  
Dr. Dhiraj Yadav

All of us know that COVID-19 outbreak has brought the world in a standstill. Nobody had imagined such a Pandemic threatening the whole world. Even the most powerful countries are helpless in such a critical situation. This Pandemic has badly affected every group and section of society. We are in a limbo, trying to decide what to do next, how to move ahead. Man is shocked socially, psychologically, economically and so on. This crisis has left everyone in the lurch. Students are uncertain about their future. Youth are afraid of Unemployment. Education system is affected greatly due to sudden closure of institutions. Initially neither teachers nor students were mentally prepared to face such a lockdown situation. Everyone was confused at continuity of teaching-learning process. But necessity is the mother of invention. We chose on-line method of teaching / through social media to continue teaching –learning process. However, the on-line education was already present but it was not in vogue before this COVID-19 lockdown. Every teacher was not techno-savvy, he was techno-shy but situations have forced us to adopt on-line system. It is said that every tragedy brings some opportunities also. One must learn lesson in the present scenario and mentally prepared for future also. This Pandemic has developed culture of on-line education, work from home. But use of technology has both silver and dark sides. Technology has occurred as a fillip to continue our learning process, we are moving towards information-rich society, on the contrary we have become slave of technology and affecting our health also.


Author(s):  
Nestor J. Zaluzec

The Information SuperHighway, Email, The Internet, FTP, BBS, Modems, : all buzz words which are becoming more and more routine in our daily life. Confusing terminology? Hopefully it won't be in a few minutes, all you need is to have a handle on a few basic concepts and terms and you will be on-line with the rest of the "telecommunication experts". These terms all refer to some type or aspect of tools associated with a range of computer-based communication software and hardware. They are in fact far less complex than the instruments we use on a day to day basis as microscopist's and microanalyst's. The key is for each of us to know what each is and how to make use of the wealth of information which they can make available to us for the asking. Basically all of these items relate to mechanisms and protocols by which we as scientists can easily exchange information rapidly and efficiently to colleagues in the office down the hall, or half-way around the world using computers and various communications media. The purpose of this tutorial/paper is to outline and demonstrate the basic ideas of some of the major information systems available to all of us today. For the sake of simplicity we will break this presentation down into two distinct (but as we shall see later connected) areas: telecommunications over conventional phone lines, and telecommunications by computer networks. Live tutorial/demonstrations of both procedures will be presented in the Computer Workshop/Software Exchange during the course of the meeting.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.


Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.


2020 ◽  
Vol 2 (3) ◽  
pp. 153-158
Author(s):  
E. V. YANUSIK ◽  

The article discusses the main prerequisites for the development of nuclear energy in the global econo-my, also defines nuclear energy and discusses the structure of global energy consumption. The article proves that the crucial prerequisite for the development of nuclear energy in the world market is the economic efficiency of nuclear power plants.


Author(s):  
Руслан Гринберг ◽  
Ruslan Grinberg ◽  
Леонид Гринин ◽  
Leonid Grinin ◽  
Андрей Коротаев ◽  
...  

The modern deflationary phenomena in the western and global economy are attributed to the fact that currently it is at the downward phase of the fifth long K-wave. Deflation has always been typical for the depressive periods in economy; presently it also manifests itself as the world economy has turned global, yet it lacks any control mechanisms. The authors suppose that a new economic crisis will break out in the western economy in the second half of 2018–2019 and that the depressive and deflationary trends will continue for another number of years.


Author(s):  
Matthew A. Shadle

The conclusion looks at the teaching of Pope Francis, considering the possibility that it represents the emergence of a new framework for Catholic social teaching. Pope Francis has emphasized that the encounter with Jesus Christ brings about an experience of newness and openness. He has also proposed a cosmic theological vision. His concept of “integral ecology,” introduced in his encyclical Laudato Si’, illustrates how human society is interconnected with the natural ecology of the planet earth and the entire cosmos. He proposes that the economy, society, culture, and daily life are all interconnected “ecologies.” In a speech to the World Meeting of Popular Movements in 2015, Pope Francis also explains how social movements devoted to local issues can nevertheless have a profound effect on the structures of the global economy. In his teachings, Pope Francis presents an organicist and communitarian vision of economic life.


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