Open AccessKEY PROBLEMS OF THE WORLD ECONOMY ON THE BACKGROUND OF THE CORONAVIRUS PANDEMIC
Author(s) -
М. В. Милонова,
С. В. Баранов
Publication year - 2020
Publication title -
meždunarodnaâ torgovlâ i torgovaâ politika
Language(s) - English
Resource type - Journals
eISSN - 2414-4649
pISSN - 2410-7395
DOI - 10.21686/2410-7395-2020-3-30-38
Subject(s) - pandemic , recession , gross domestic product , world economy , covid-19 , population , index (typography) , development economics , economics , state (computer science) , world population , unemployment , economic growth , economy , developing country , political science , macroeconomics , sociology , medicine , demography , disease , pathology , algorithm , world wide web , computer science , infectious disease (medical specialty) , law
The article discusses issues related to the general decline in the world economy on the background of coronavirus infection. The authors attempt to analyze the consequences of the introduction of quarantine and isolation for the population of most countries, as a measure to constrain the pandemic. The article presents changes in the gross domestic product of the countries most affected by the COVID-19 pandemic in April 2020 compared to the same period in 2019, and a special place there is given to Russia. The authors also consider the crucial changes in the international pension system and suggest possible solutions to this problem. The article puts forward and substantiates the hypothesis that the reasons for such a significant drop in the economy include hard economic problems formed long before the pandemic. This includes an analysis of the recession on the income of large international corporations included in the S & P 500 international index. This article identifies the main key problems of the international economy and suggests the main ways to solve them. It also provides a forecast of further development of the economic situation, with regard to the current state.