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1.
Voprosy Ékonomiki ; (1)2021.
Article in Russian | ProQuest Central | ID: covidwho-1955503

ABSTRACT

Dramas of a unique pandemic of COVID-19, an unparalleled sharp recession and critically important presidential elections have put the difficult choices for the American society in 2020. Socio-economic development of the U.S. in XXI century has come through the series of crises, which had major impacts on the global development. The country has retained the leadership in the developed world by general economic might, innovations and dynamics of upturns. In the last three decades the demographics of the U.S. population have experienced the substantial changes, notably the number of citizens of Asian origin and Hispanic group have increased. The latter has surpassed the Afro-American group by a number of families and by an average income per family. Overall growth of income in the country has not eliminated large income disparities among social strata. Statistics of tax declarations indicate the inequality by social groups and by race. These disparities have probably played an important role in 2020 recession and pandemic development. As far as electoral behavior is concerned, the inequality factor is even more visible.Alternate :Драма уникальной пандемии, небывало острой рецессии и критически важных президентских выборов поставила общество США в 2020 г. перед трудным выбором. В социально-экономическом развитии США в XXI в. произошла серия потрясений, которые оказали огромное влияние на мировое развитие. Страна сохранила положение лидера среди развитых стран по совокупности экономической мощи, инновационному развитию, динамичности подъемов. В последние три десятилетия в США значительно изменился демографический состав населения в пользу граждан азиатского происхождения и испаноязычной группы, которая как по своей численности, так и уровню доходов на семью обогнала афроамериканскую. Общий рост благосостояния не ликвидировал большие диспаритеты по доходам между слоями общества. Статистика налоговых деклараций указывает на неравенство семей как социальное, так и по расовому признаку. По-видимому, оно сыграло значительную роль в 2020 г. и в рецессии, и в пандемии. А в электоральном поведении фактор неравенства виден еще резче.

2.
Voprosy Ekonomiki ; - (10):27-50, 2021.
Article in Russian | Web of Science | ID: covidwho-1498402

ABSTRACT

The COVID-19 pandemic forced the governments of almost all countries to introduce lockdowns in 2020, which sharply reduced the supply in a number of large service sectors: transport, recreation, catering, tourism. The recession began without a crisis, and the unique supply of cheap money and fiscal incentives prevented the development of a "liquidity crunch". On the contrary, it led to an increase in stock prices, real estate prices, and a reduction in bankruptcies. There was no drop in the value of pension and investment funds. The working population has faced a reduction in employment in labor-intensive service industries-, a violation of traditional lifestyle models. The course of the recession in these conditions has changed the structure of personal consumption in developed-countries, with its severe adaptation in medium-developed and less developed countries. The pandemic and the recession have caused an uneven compression of activity and consumption across social strata that leads to an increase in social disparities on exiting the recession. The drivers of the demand-side recovery in developed countries are the growth of investments in housing and durable goods, and developing countries are gradually restoring normal consumption of non-durable goods and exports.

3.
Voprosy Ekonomiki ; 2021(1):98-119, 2021.
Article in Russian | Scopus | ID: covidwho-1055434

ABSTRACT

Dramas of a unique pandemic of COVID-19, an unparalleled sharp recession and critically important presidential elections have put the difficult choices for the American society in 2020. Socio-economic development of the U.S. in XXI century has come through the series of crises, which had major impacts on the global development. The country has retained the leadership in the developed world by general economic might, innovations and dynamics of upturns. In the last three decades the demographics of the U.S. population have experienced the substantial changes, notably the number of citizens of Asian origin and Hispanic group have increased. The latter has surpassed the Afro-American group by a number of families and by an average income per family. Overall growth of income in the country has not eliminated large income disparities among social strata. Statistics of tax declarations indicate the inequality by social groups and by race. These disparities have probably played an important role in 2020 recession and pandemic development. As far as electoral behavior is concerned, the inequality factor is even more visible. © 2021, Russian Presidental Academy of National Economy and Public Administration. All rights reserved.

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