The Impact of Corona Virus Infection on Economy of Russia in General and on Certain Regions of the Country (illustrated by the Krasnodar area)
https://doi.org/10.21686/2413-2829-2022-5-84-92
Abstract
A great number of enterprises of small and medium business (SMB) and a big variety of company specializations increase competitiveness of economy. A serious drop in the number of micro- and small enterprises in 2020 with a simultaneous increase in the number of medium enterprises testify to the fact that some organizations ceased their work, while others, on the contrary, integrate in order to expand and reach a new level of economic development. As 2020 was marked by the period of the corona virus infection, some organizations took a decision to merge and change their specialization to such area that were supported by the government during the pandemic to continue their business in such a complicated situation thanks to the state aid. In general, a key reason for cutting the number of SMB entities during this period is restrictive measures introduced in 2020 due to the corona virus infection. A lot of enterprises suffered losses during the pandemic and were forced to stop working. Recommendations worked out by the author on the basis of research findings can produce a favorable impact on the development of economic potential of small business enterprises.
About the Authors
I. V. Balashova
Krasnodar branch of the Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Irina V. Balashova PhD, Assistant Professor, Head of the Department for Economics and Management
23 Sadovaya Str., Krasnodar, 350002
T. A. Tereshchenko
Krasnodar branch of the Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Tatyana A. Tereshchenko PhD, Assistant Professor of the Department for Finance and Credit
23 Sadovaya Str., Krasnodar, 350002References
1. Balashova I. V., Byuller E. A., Dovbysh V. E., Tlekhuray-Berzegova L. T., Khuazheva A. Sh., Yakuba A. V. Upravlenie chelovecheskimi resursami [Human Resource Management]. Krasnodar, 2021. (In Russ.).
2. Balashova I. V., Tereshchenko T. A. Musornye aktsii: syr v myshelovke ili almaz bez ogranki [Garbage Stocks: Cheese in a Mousetrap or a Diamond without a Cut]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2021, Vol. 18, No. 4 (118), pp. 162–168. (In Russ.).
3. Balashova I. V., Tereshchenko T. A. Formirovanie i ispolzovanie sredstv regionalnogo byudzheta [Formation and Use of Funds of the Regional Budget]. Krasnodar, 2022. (In Russ.).
4. Balashova I. V., Khokhlova T. P., Prikhodko K. S., Kozlovskaya S. A. Sovershenstvovanie metodov gosudarstvennoy podderzhki razvitiya malogo biznesa v Krasnodarskom krae: kollektivnaya monografiya [Improving the Methods of State Support for the Development of Small Businesses in the Krasnodar Territory. Collective monograph]. Krasnodar, 2020. (In Russ.).
5. Pidyashova O. P., Kravchenko T. E., Tereshchenko T. A. Statisticheskiy analiz osnovnykh makroekonomicheskikh pokazateley regiona [Statistical Analysis of the Main Macroeconomic Indicators of the Region]. Ekonomika i predprinimatelstvo [Economics and Entrepreneurship], 2020, No. 8 (121), pp. 104–111. (In Russ.).
6. Tereshchenko T. A., Balashova I. V. Finansovye instrumenty gosudarstvennogo regulirovaniya ekonomiki [Financial Instruments of State Regulation of the Economy]. Vestnik Akademii znaniy [Bulletin of the Academy of Knowledge], 2020, No. 5 (40), pp. 522–526. (In Russ.).
7. Piterskaya L., Gurnovich T., Latysheva L., Prokhorova V. V., Goretskaya E. O. Food Security in a Globalizing Environment. The Challenge of Sustainability in Agricultural Systems. Series: Lecture Notes in Networks and Systems. Heidelberg, 2021, pp. 193–200.
Review
For citations:
Balashova I.V., Tereshchenko T.A. The Impact of Corona Virus Infection on Economy of Russia in General and on Certain Regions of the Country (illustrated by the Krasnodar area). Vestnik of the Plekhanov Russian University of Economics. 2022;(5):84-92. (In Russ.) https://doi.org/10.21686/2413-2829-2022-5-84-92
Views:
343
Email this article 