Tools for Overcoming the Crisis Phenomena of the Pandemic in the Socio-economic Development of the Countries
Geo-Economy of the Future: Sustainable Agriculture and Alternative Energy: Volume II
; 2:175-187, 2022.
Article
Dans Anglais
| Scopus | ID: covidwho-20242920
ABSTRACT
The purpose of the study is to identify the specifics of the socio-economic development of the countries during the COVID-19 pandemic, as well as to determine effective tools for overcoming the crisis phenomena in the economy. The study of the growth rate of gross domestic product calculated by the expenditure method and the number of cases of coronavirus diseases were the grounds for sampling countries for the following analysis. The analysis of socio-economic indicators and identification of the development's specifics during the pandemic is carried out on the example of the United States, France, Great Britain, Spain, Italy, and Germany. Based on the analysis, the authors concluded that the least effective implementation of anti-COVID measures is in Italy and Spain, as a result of the lack of effective programs to support lending to the real sector, state support for companies in terms of maintaining employment, and making investments to support business. The German public administration system effectively used a package of anti-crisis measures based on the balance of increasing budget and extra-budgetary infusions into the economy, easing monetary policy, so the country managed to maintain investment activity at the pre-crisis level and create a serious basis for the subsequent recovery from the global economic crisis. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.
Texte intégral:
Disponible
Collection:
Bases de données des oragnisations internationales
Base de données:
Scopus
langue:
Anglais
Revue:
Geo-Economy of the Future: Sustainable Agriculture and Alternative Energy: Volume II
Année:
2022
Type de document:
Article
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