Impact of the Coronacrisis on the Situation of Different Population Strata

The article analyzes coronacrisis impact on various segments of the population. The purpose is to identify universal and local consequences of the pandemic, as well as the sources to resist new challenges. For the analysis we use data from a FCTAS RAS study in the spring of 2021. The study showed that financial risks for representatives of all social groups are universal in Russian conditions. For disadvantaged segments of the population, for all analyzed reasons, the risks associated with obtaining stable incomes and employment grew. They are also less likely to contract the coronavirus and make significant lifestyle changes. For prosperous Russians, the risks associated with work are significantly lower. This allowed them to quickly adapt to epidemiological restrictions, learn new skills for their work. However, risks of contracting coronavirus and abandoning their usual lifestyle were higher for them. Thus, the ability to quickly adapt to new challenges in modern Russia is determined more by the quality of human potential and level of social protection in the workplace than by the income size. Along with this, potential weakening of positions under impact of the coronavirus and growing international tension for representatives of the upper and middle strata create significant risks of changes in the social structure, as well as transformation of channels and factors of social mobility.

The Trends Changing the Economies of Latin America

Abstract: At the turn of the second and third decades of the 21st century, new trends began to form in the economies of Latin America, which had experienced deep crisis shocks. In the future the development of these trends can adjust and strengthen the place and role of the region in the system of world economic relations. One of these trends is the rapid growth of the technology sector based on innovation and digitalization, which is able to ensure the transition of the region to a "new business normal,” understanding by this term consistent structural modernization and organic adaptation of the economies of Latin American countries to post-Covid realities. The main actors in this transition to the new economy are Latin American transnational corporations, the so-called multilatinas, and their avant-garde form, technolatinas, which are associated with innovations and high technology. At the same time, it is critically important to achieve a systemic relationship between the economic policy of the state and the business strategy of technologically advanced private companies. An effective public–private partnership seems to be a necessary condition for long-overdue institutional and structural reforms, the purpose of which should be to turn Latin America into a "region of start-ups” and a space of high-tech ecosystems. This article shows that the strategic task at the stage of a macroeconomic transition is to expand the domestic and foreign markets of the countries of the region for all types of Latin American goods and services, including technological and high-tech. According to the author, the best way to achieve this goal lies in the formation of a triple circulation economy or, in other words, the parallel and balanced development of national and regional markets with the simultaneous activation and diversification of foreign economic relations far beyond Latin America. It goes without saying that it is a long process, and the countries of the region are only at the very beginning of a marked transformation. © 2022, Pleiades Publishing, Ltd.

IMPACT OF THE CORONACRISIS ON THE SITUATION OF DIFFERENT POPULATION STRATА

The article analyzes coronacrisis impact on various segments of the population. The purpose is to identify universal and local consequences of the pandemic, as well as the sources to resist new challenges. For the analysis we use data from a FCTAS RAS study in the spring of 2021. The study showed that financial risks for representatives of all social groups are universal in Russian conditions. For disadvantaged segments of the population, for all analyzed reasons, the risks associated with obtaining stable incomes and employment grew. They are also less likely to contract the coronavirus and make significant lifestyle changes. For prosperous Russians, the risks associated with work are significantly lower. This allowed them to quickly adapt to epidemiological restrictions, learn new skills for their work. However, risks of contracting coronavirus and abandoning their usual lifestyle were higher for them. Thus, the ability to quickly adapt to new challenges in modern Russia is determined more by the quality of human potential and level of social protection in the workplace than by the income size. Along with this, potential weakening of positions under impact of the coronavirus and growing international tension for representatives of the upper and middle strata create significant risks of changes in the social structure, as well as transformation of channels and factors of social mobility. © 2022, Russian Academy of Sciences. All rights reserved.

Pandemic and Postcovid World: Interpretations of Italian Catholic Researchers

The article deals with the pandemic "lessons" in the works of researchers of the Catholic school. Among "media" scenarios for covering the pandemic, "military", "empathic" and "security" narratives are considered. The author comes to the conclu-sion that the interest in the post-COVID world order in Italy is determined by the desire to fully preserve civil rights, cultural and religious values. The pandemic stimulated the public activity, interest in the theories of critics of neoliberalism, who pronounceded for complete revision of the current social model as obsolete or betraying the interests of the majority. Politicization and depreciation of such concepts as “conspiracy theo-ries” devalues the theses of the opponents of neoliberalism, taking the discussion away from the scientific and political spheres into the “conspiracy theory”. The Catholic Church considers fundamentally new forms of human solidarity, construction of welfare state, recognition of values of various cultural traditions within the framework of a single Christian identity of European peoples, as the main principles of the post-COVID world order. © 2022, Institute of Europe Russian Academy of Sciences. All rights reserved.

Inflation challenges of the pandemic period and sanctions. Lessons for the future

The inflation dynamics is a key factor in macroeconomic and social stability, having a direct impact on all structural proportions in the economy and the well-being of the population. This is especially noticeable during periods of acute shocks and crises. This article is an attempt to understand the inflationary consequences of the recent non-economic crisis associated with the coronavirus pandemic. The global nature of this crisis, as well as its impact on all sectors of the economy and spheres of economic relations, provide rich material for the analysis. The geo¬political aggravation and large-scale sanctions against Russia in 2022 have become a new shock for the entire economic system, creatinga trail of new inflationary effects at the global level and especially within Russia. The presence of a sig¬nificant number of similarities between the two crises retains the relevance of a rigorous analysis of the coronacrisis and its lessons, despite the radical change in the situation due to the onset of the sanctions crisis. © 2022, Russian Presidental Academy of National Economy and Public Administration. All rights reserved.

LATIN AMERICAN ECONOMY AT THE START OF DIGITAL MODERNIZATION

In the context of the ongoing reformatting of world economic relations, Latin American countries have increased opportunities for technological upsurge and digital modernization of key sectors of national economies. At the same time, Latin American entrepreneurs and politicians seek to act rationally and cautiously. In particular, in the energy sector, the states of the region are trying to combine the transition to carbon neutrality based on the predominant use of new technologies and renewable energy carriers with the intensive exploitation of traditional energy sources, including conventional and shale hydrocarbons. In the mining industry, the main task of Latin American countries is to decarbonize the production process with the help of "green" hydrogen and the most advanced methods of extraction and processing of raw materials. Of global importance are the huge reserves of lithium located in Latin America, without which the further deployment of the technological revolution is extremely difficult. This explains the significant interest shown by transnational corporations in the development of deposits of the "lithium triangle". In the field of agriculture in Latin America, profound changes are taking place, the system of so-called precision farming is shaping. The role of Latin American countries (primarily Brazil) as suppliers of food to the world market is constantly increasing. All this, and much more, signals new trends in the region that change its usual economic appearance. As shown in the article, the rapid growth of the technology sector in Latin America based on digitalization, "green" energy and precision farming can lead to a deep modernization of the key sectors of the economy and ensure the transition of the region to the "new business normal", which is the consistent structural transformation and adaptation of Latin American countries to post-Covid world economic realities.

ENSURING ECONOMIC STABILITY IN UKRAINE UNDER COVID-19 PANDEMY CONDIOTIONS: ONGOING ISSUES AND IMPROVEMENT PERSPECTIVE

Paper offers a look at the problems of ensuring economic stability in Ukraine in the context of the COVID-19 pandemic. A thorough analysis of research papers from developed and developing countries is performed in terms of socio-economic consequences of the coronacrisis and ways to increase economic stability in the context of the COVID-19 pandemic. The key drivers of the corona-crisis and its impact on the world economy in general and Ukraine in particular are considered. The major socio-economic consequences of the COVID-19 pandemic are highlighted. Examples of measures implemented by governments around the world to restore economic stability in the context of the COVID-19 pandemic are presented. Paper's special focus is on causation in the development of corona-crisis. Emphasis is placed on the atypical course of the corona-crisis in comparison with the << traditional >> financial and socio-economic crises. The peculiarities of the governments' measures around the world under corona-crisis conditions are presented, with a special focus on the levers of social support and digitalization. The best practices for overcoming the negative socio-economic consequences of the COVID-19 pandemic, aimed at strengthening economic stability, are summarized. Examples of measures of social support and digitalization in the context of overcoming the negative consequences of the corona-crisis are given. A review of a set of measures taken by the Government of Ukraine is performed, aimed at strengthening the economic stability of Ukraine. Relevant decisions on overcoming the negative socio-economic consequences of the corona-crisis are highlighted, with a special focus on Ukrainian peculiarities. Potential risk areas of financial and socio-economic nature in the context of the corona-crisis in Ukraine are identified, based on the peculiarities of Ukraine's national economy. Priority areas for the Government of Ukraine measures in the context of socio-economic consequences due to the COVID-19 pandemic are identified. Authors' view of measures in terms of social support and digitalization in Ukraine are presented. Authors emphasize on maintaining a balance between measures aimed at containing COVID-19 spread and measures aimed at stimulating economic growth.

The main global investment activity and digitalization trends in the context of the COVID-19 pandemic

The article is a review of global trends in investment activity over a period more than 10 years: before the start of the coronavirus pandemic, in its midst, as well as emerging trends in 2021. The authors provide the main points of view regarding digitalization processes and formulate the "coronacrisis"concept. The economy digitalization trend before the COVID-19 pandemic start is described, as well as its rapid development immediately in 2020. The conclusion is made about the low rate of investment activity recovery in the world in the process of lifting the restrictions imposed in connection with the coronavirus pandemic. The investment activity trends in emerging market and developing economies from 2000 to 2020 is plotted as a graph. 4 possible world economy recovery scenarios under the influence of the COVID-19 pandemic have been drawn up in the article. © 2021 ACM.

The Impact of the Coronacrisis on KIBS Sector

Knowledge-Intensive Business Services (KIBS) are problem-solvers for other organizations. The coronacrisis affects KIBS directly, but also means that their clients are confronting new problems. How are KIBS addressing these two sets of challenges? This paper draws on material available in the trade and industry press, on official reports and statistics, and the early academic studies addressing these themes. We find that KIBS have been active (alongside other organizations) in providing a substantial range of services aimed at helping their clients (and others) deal with various contingencies thrown up by the crisis. Not least among these is the need to conform to shifting regulatory frameworks, and requirements for longer-term resilience. KIBS themselves have had to adapt their working practices considerably, to reduce face-to-face interaction with clients and within teams collaborating on projects. Adaptation is easier for those whose tasks that are relatively standardized and codified, and it remains to be seen how far a shift to such activities - and away from the traditional office-based venues of activity - is retained as firms recover from the crisis. KIBS are liable to play an important role in this recovery from the crisis, and policymakers can mobilize their services. Some KIBS are liable to be critical for rendering economies more resilient in the face of future pandemics and we argue that these firms are also important for confronting the mounting climate crisis.

The Pandemic Crisis as a Challenge for Economic Analysis and Policy.

The article is devoted to the main directions of the development of economic analysis under the influence of a pandemic crisis. The key features of the pandemic crisis, the formation of economic dynamics in its course, and the main directions of the authorities' response to the deterioration of the medical situation are considered. A description of the main directions of economic analysis during a pandemic crisis is given and the reasons for overestimating or underestimating the forecast estimates made at the beginning of the crisis are assessed. The possibilities of interdisciplinary research aimed at improving the quality of the authorities' response to changes in the epidemiological situation are considered. The principles of separation of tasks of economic analysis are formulated in the framework of policy support during the coronavirus crisis.