Macroeconomic effects of the pandemic and prospects for economic recovery (Proceedings of the roundtable discussion at the XXII April international academic conference on economic and social development)

2021 ◽  
pp. 5-30
Author(s):  
A. N. Shokhin ◽  
N V. Akindinova ◽  
V. Y. Astrov ◽  
E. T. Gurvich ◽  
O. A. Zamulin ◽  
...  

The roundtable participants assessed the effects of the pandemic and analyzed its consequences, the impact on economic and social development. The main attention in the discussion was paid to the pace of economic recovery, anti-crisis mechanisms to support the economy in 2020, which can become systemic, aimed at stimulating investment activity, and suggest new approaches to solving social problems. The participants in the discussion proposed considering the possibility of strengthening the countercyclical nature of the fiscal rule, taking into account not only oil prices, but also other factors of economic activity. It was noted that investments in many sectors have increased, but mainly due to budgetary sources, the role of budgetary policy has also increased. During the pandemic, the role of the state has changed: it has become not only a source of funds, but also a guarantor of investments and social payments. However, the roundtable participants noted that this new role of the state should not be ensured by raising taxes.

2021 ◽  
Vol 37 ◽  
pp. 00087
Author(s):  
Tatyana Solovyova ◽  
Danil Zyukin

The study analyzes the aspects that determine the change in the role of the state and the form of its impact on the agricultural sector in the context of the impact of the pandemic on all socio-economic processes in the country. The article reveals the importance of implementing the import substitution program from social and economic positions for Russia. A complex of adverse consequences brought by the pandemic to the public life and economy of the country is given, which determines the change in the role of the state in matters of regulation and direct financial support of agricultural production. The article discusses the advisability of using "helicopter money" as a way to help the population in difficult social conditions and at the same time as a way to stimulate effective demand for essential domestic products, including food products. In the context of a pandemic, the necessity of payments to support direct agricultural producers to maintain their financial stability is substantiated, the calculation of which is recommended to be tied to the arable land area and livestock population. The study provides a list of basic principles that are recommended to be applied when using instruments of direct financial support and regulation from the state. It is important to ensure not only the survival of agribusiness in the current conditions, but also to create opportunities for maintaining investment activity in the implementation of large projects, as well as to ensure the maintenance of the level of intensification in the current production cycle.


2020 ◽  
Vol 9 (3) ◽  
pp. 78
Author(s):  
Viktoriia Rudenko ◽  
Ruslan Voloshchuk

The issues of the place and role of the state in the investment process has not lost relevance for many decades. Some scholars, appealing to the experience of developed countries, propose to minimize the role of the state in the investment sphere. This view is based on the fact that state participation cannot ensure a more efficient allocation of investment resources than a market mechanism of self-regulation. Other scholars believe that all the troubles in the economy are due to the fact that the state has minimized its influence on the investment sector, thereby causing a decrease in its activity. Obviously, both positions of scientists cannot be rejected mechanically. However, the practice of conducting investment activities in Ukraine has clearly shown that the state's departure from the investment sphere has actually cleared the way for anarchy and inconsistency in the investment process. At present, the state is obliged to influence investment activity by choosing effective means of its regulation, relying primarily on the fiscal mechanism. The article is devoted to the study of the essence of the fiscal mechanism for regulating the investment development of the national economy and the identification of its specific features. The specifics of the scientific tasks that are the subject of the study required the use of a set of special methods, the use of which helped to analyze the essence of the fiscal mechanism for regulating the investment development of the national economy and to highlight its specific characteristics. The etymology of the concept of “fisc” is considered in the article. Approaches to the interpretation of the term “mechanism” are highlighted. The economic meaning of the definition of “regulation” is substantiated. The essence of the fiscal mechanism for regulating the investment development of the national economy is determined. The specific features of the fiscal mechanism for regulating the investment development of the national economy are singled out and characterized. The study found that the impact of the fiscal mechanism on the investment development of the national economy is due to its specific characteristics and the focus of its components at solving specific problems and achieving a real effect due to financial resources that are formed, distributed and used to meet the investment needs of economic entities.  Keywords: fisc, mechanism, regulation, investment development, fiscal mechanism for regulating the investment development of the national economy


Genealogy ◽  
2020 ◽  
Vol 4 (3) ◽  
pp. 82
Author(s):  
Ginger Frost

This article uses 116 divorce or separation cases involving people of color between 1872 and 1940 to interrogate the role of the state in adjudicating racially mixed marriages in Britain. These examples demonstrate the rising population of imperial subjects within the U.K., but also that marital cases could reverse in-migration, due to embarrassment and expense for all parties. In addition, gender and class factors limited the impact of race in the court. Men’s advantages in bringing cases overcame some racial prejudices, and rich men, whatever their color, could hire effective representation. Race only impacted divorce cases when women could play on stereotypes of violent men, or when men of color were co-respondents and thus broke up homes. Still, the number of undefended cases limited the influence of race in most divorce suits.


Author(s):  
Vinh Lê Thị

In this article, through philosophical approach, the author focused on the role of the State in assuring the fairness of distribution. The article has three main contents: First, analyzing the weaknesses of the State in ensuring equitable distribution such as the State's unreasonable interference in the distribution relations, failure to properly implement the planning task and inspect, supervise the implementation of the distribution policy. Second, pointing out the consequences of the current situation the State has not yet properly implemented the role of managing, regulating and distributing - that is, the rich-poor gap is on the way to widening and polarizing, threatening stability and social development. Third, giving some principles that the State needs to implement more thoroughly to ensure fair distribution.


Author(s):  
Ian Cummins ◽  
Emilio José Gómez-Ciriano

AbstractThis paper presents a comparative analysis of two reports by the UN Rapporteur on Extreme Poverty and Human Rights, one for Spain and one for the UK. In both countries, austerity policies were introduced following the banking crisis of 2008. The UN Rapporteur reports highlight the damage that was done by welfare retrenchment. In particular, the reports document the impact of austerity on the most vulnerable individuals and communities. The paper uses Somers' (2008) conceptual model of citizenship as the basis for a comparative analysis of two reports. Somers' (2008) model of citizenship is a triadic one which sees the state, market and civil society as competing elements. Each one can serve to regulate and limit the influence or excesses of the other two. Somers argues that neoliberalism has seen the dominance of the market at the expense of the role of the state and the institutions of civil society. Austerity policies saw the market dominating. Having examined the context of the two reports and their conclusions, the paper discussed the implications for individual social workers’ practice and the role of social work as a profession in tackling poverty and marginalisation.


Author(s):  
Francisco Vidal Luna ◽  
Herbert S. Klein

This chapter examines the basic themes discussed in the book and the major conclusions reached which explain the rise of São Paulo to its important leadership position. We stress the importance of coffee, the role of the state in promoting the economy, the impact of immigration and the infrastructure established which enabled the state to become the leading economy in the second half of the 20th century


2020 ◽  
Vol 9 ◽  
Author(s):  
Musaev R.M ◽  
Ibragimov N.F.

This paper investigates major points of the successful functioning and modernization of the national economy is the transfer of the economy to an innovative development path, the creation of a high-tech and competitive economy. In the transition to the modern model of economic growth, the level of activity of enterprises is of great importance, where high activity is ensured by the leading role of the state in stimulating and determining national priorities and the active influence of the state on the process of innovative development through mechanisms of state tax stimulation of economic development. In conclusion, it makes an emphasis on both theoretical and methodological basis as a whole.


2019 ◽  
Vol 61 (3) ◽  
pp. 457-474 ◽  
Author(s):  
Chris Howell

The liberalization of industrial relations has become a generalized phenomenon in advanced capitalist societies. This raises at least three issues that are the subject of this review. First, what is the balance between continuity and change in industrial relations? Second, what is driving change, and in particular, what role is played by shifts in capitalist growth models that have taken place over the last three decades? Third, what does this tell us about the role of political regulation in industrial relations change? This review suggests that scholars need to rethink the role of industrial relations institutions, specifically their ability to shape and mitigate the impact of broad transformations in types of economic growth and the balance of class power. It argues that liberalization of industrial relations and the instability of emerging capitalist growth models highlight the centrality of political regulation and the role of the state in market-making and institution-building.


2004 ◽  
Vol 155 (11) ◽  
pp. 467-475 ◽  
Author(s):  
Bruno Salomon Ramamonjisoa

An investigation of the impact of policies of the natural resources on Madagascar uncovered a number of deficiencies. A widely recommended participative approach is reaching its limits. The impartiality of the actors involved is at stake. Illicit product networks play an important role in the redistribution of commercial income. Strategies that weaken the role of the state should be reversed.


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