SOCIO-ECONOMIC IMPACT OF THE COVID-19 PANDEMIC ON OECD COUNTRIES

The study aims to study the socio-economic features of the impact of the COVID-19 pandemic on the economic systems of the OECD countries, as well as to analyze the measures taken by states for their subsequent adaptation in the economies affected by the crisis. The authors identified the OECD countries with the highest number of cases of coronavirus, which demonstrated positive dynamics of socio-economic indicators after a significant recession due to the pandemic (USA, France, Germany, Italy, Great Britain, Spain). The article analyzes the dynamics of key socio-economic indicators that characterize the development of the OECD countries under study in 2020 compared to the same period in 2019 (unemployment rate, inflation rate, gross national savings, exports and imports of goods and services). The measures implemented by states to stabilize economic activity and maintain social well-being during the pandemic are studied. The authors concluded that the economic and social measures taken by the OECD countries under study are common and that the results of their implementation differ significantly. It is proved that Germany is the country that has most successfully implemented a package of anti-crisis measures based on an effective monetary policy and direct state support for the real sector, which allowed it to maintain the volume of export–import operations and gross savings at the pre-crisis level, prevent an inflationary jump in the country and not exacerbate the problems with increasing unemployment. Germany’s experience in creating a basis for overcoming the global economic crisis can be adapted to the conditions of the countries most affected by the pandemic. © 2022 by Emerald Publishing Limited.

The Influence of Anti-Covid Regulations as a Factor in the Reproduction of the Shadow Economy: Management and Marketing Aspects

This research analyses the impact of changes and the formation of economic regulations in healthcare in the implementation of antique policies, as a factor in the reproduction of the shadow economy from the position of a structural and reproducible approach to the analysis of the shadow economy. The violation of the established system of control relations in the field of health care in the context of the implementation of an anti-criminal policy, manifested in the transformation of existing and the formation of new economic regulations, should change the structure and volume of the shadow economy in this area. In our opinion, not to see and not to notice the objective trends of the structural and reproducible dynamics of the shadow economy depending on anti-Covid measures is an inexcusable omission of modern scientists of economists, because the transformation of existing and the formation of new economic regulations in the field of health care can help to visualize the world of shadow economic relations with its inherent contradictions and inherent internal logic of development. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.