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Life after the Pandemic: Economic and Social Consequences

https://doi.org/10.21686/2413-2829-2020-3-5-18

Abstract

The article was written at the height of the coronavirus pandemic, when unprecedented restrictive measures were taken regarding the activities of a large proportion of economic actors to ensure a regime of self-isolation and social distance. The article attempts, on the basis of a synthesis of expert and analytical materials published during the pandemic in various information sources and the results of sociological studies assessing its real socio-economic consequences, to provide forecasts for the near and distant prospects, taking into account various parameters of an economic and social nature. The impact of the pandemic on macroeconomic indicators, the situation on the labor market, the dynamics of income of the population was considered. The social consequences of the pandemic are analysed separately, in particular in the field of health care, education, social support, social and labour relations, as well as the peculiarities of the relationship between power and society. The Russian economy is facing a recession corresponding to the long-term recession of the world economy. According to the authors, the scale and social consequences of this recession can be reduced for Russia. The formation of an anti-crisis fund to support economic sectors and citizens against the background of the coronavirus situation should lead at all levels of government to the adoption of constructive management decisions and the effective use of each ruble.

About the Authors

V. I. Grishin
Plekhanov Russian University of Economics
Russian Federation

Viktor I. Grishin – Doctor of Economics, Professor, Rector

36 Stremyanny Lane, Moscow, 117997



D. V. Domashchenko
Plekhanov Russian University of Economics
Russian Federation

Denis V. Domashchenko – PhD, Assistant Professor, Head of the Scientific Laboratory for the Study of the Monetary System and the Analysis of Financial Markets

36 Stremyanny Lane, Moscow, 117997



L. V. Konstantinova
Plekhanov Russian University of Economics
Russian Federation

Larisa V. Konstantinova – Doctor of Sociology Science, Professor, Head of Research Institute for Development of Education

36 Stremyanny Lane, Moscow, 117997



A. P. Koshkin
Plekhanov Russian University of Economics
Russian Federation

Andrey P. Koshkin – Doctor of Political Science, Professor, Head of the Department for Politology and Sociology

36 Stremyanny Lane, Moscow, 117997



E. V. Ustyuzhanina
Plekhanov Russian University of Economics
Russian Federation

Elena V. Ustyuzhanina – Doctor of Economics, Professor of the Department for Economic Theory

36 Stremyanny Lane, Moscow, 117997



D. A. Shtykhno
Plekhanov Russian University of Economics
Russian Federation

Dmitry A. Shtykhno – PhD, Assistant Professor, Vice-Rector for Strategic Development and International Activities

36 Stremyanny Lane, Moscow, 117997



E. V. Shubenkova
Plekhanov Russian University of Economics
Russian Federation

Evgeniya V. Shubenkova – Doctor of Economics, Professor, Professor of the basic Department of the Chamber of Commerce and Industry of the Russian Federation «Development of Human Capital», Chief Researcher of Research Institute for Development of Education of the PRUE

36 Stremyanny Lane, Moscow, 117997



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Review

For citations:


Grishin V.I., Domashchenko D.V., Konstantinova L.V., Koshkin A.P., Ustyuzhanina E.V., Shtykhno D.A., Shubenkova E.V. Life after the Pandemic: Economic and Social Consequences. Vestnik of the Plekhanov Russian University of Economics. 2020;(3):5-18. (In Russ.) https://doi.org/10.21686/2413-2829-2020-3-5-18

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)