Challenges and risks in the process of Russia’s post-pandemic economic recovery
The COVID-19 pandemic in 2020 has had a negative impact on economies around the world. The article analyses the macroeconomic indicators characterising the Russian economy after the COVID-19 pandemic. The results of this action on Russia’s global indicators have been compared with those of some coun...
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Publishing House of the State University of Management
2021
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oai:doaj.org-article:eaa0a37891a9428583f239da057e142d2021-12-03T07:43:37ZChallenges and risks in the process of Russia’s post-pandemic economic recovery1816-42772686-841510.26425/1816-4277-2021-10-133-138https://doaj.org/article/eaa0a37891a9428583f239da057e142d2021-12-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/3154https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The COVID-19 pandemic in 2020 has had a negative impact on economies around the world. The article analyses the macroeconomic indicators characterising the Russian economy after the COVID-19 pandemic. The results of this action on Russia’s global indicators have been compared with those of some countries in the world. The objectives and activities of the “National Action Plan for Employment and Income Recovery, Economic Growth and Long-Term Structural Changes in the Economy” (hereinafter the “National Action Plan”) have been considered. This document sets out the country’s development over the next two years and measures to recover the economy from the COVID-19 pandemic. The Government of the Russian Federation is allocating 5 trillion roubles for the implementation of the “National Action Plan”. Meanwhile, the main objective is to ensure a sustainable economic development and income growth path within two years. The indicators of the main goal to be achieved by the end of 2021 are: sustainable growth of the personal income; reduction of unemployment to 5%; growth of the gross domestic product by 2.5% per annum. In conclusion, the challenges and risks in implementing the “National Action Plan” have been formulated.O. M. MakhalinaV. N. MakhalinPublishing House of the State University of Managementarticlepandemiceconomic losses from the pandemiccrisis 2020key economic indicatorsunemploymentpovertyincomeconsumer demandnegative economic factorsquarantine restrictionseconomic development indicatorspost-pandemic economic development economic recoverynational action planchallengesrisksSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 10, Pp 133-138 (2021) |
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DOAJ |
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DOAJ |
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RU |
topic |
pandemic economic losses from the pandemic crisis 2020 key economic indicators unemployment poverty income consumer demand negative economic factors quarantine restrictions economic development indicators post-pandemic economic development economic recovery national action plan challenges risks Sociology (General) HM401-1281 Economics as a science HB71-74 |
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pandemic economic losses from the pandemic crisis 2020 key economic indicators unemployment poverty income consumer demand negative economic factors quarantine restrictions economic development indicators post-pandemic economic development economic recovery national action plan challenges risks Sociology (General) HM401-1281 Economics as a science HB71-74 O. M. Makhalina V. N. Makhalin Challenges and risks in the process of Russia’s post-pandemic economic recovery |
description |
The COVID-19 pandemic in 2020 has had a negative impact on economies around the world. The article analyses the macroeconomic indicators characterising the Russian economy after the COVID-19 pandemic. The results of this action on Russia’s global indicators have been compared with those of some countries in the world. The objectives and activities of the “National Action Plan for Employment and Income Recovery, Economic Growth and Long-Term Structural Changes in the Economy” (hereinafter the “National Action Plan”) have been considered. This document sets out the country’s development over the next two years and measures to recover the economy from the COVID-19 pandemic. The Government of the Russian Federation is allocating 5 trillion roubles for the implementation of the “National Action Plan”. Meanwhile, the main objective is to ensure a sustainable economic development and income growth path within two years. The indicators of the main goal to be achieved by the end of 2021 are: sustainable growth of the personal income; reduction of unemployment to 5%; growth of the gross domestic product by 2.5% per annum. In conclusion, the challenges and risks in implementing the “National Action Plan” have been formulated. |
format |
article |
author |
O. M. Makhalina V. N. Makhalin |
author_facet |
O. M. Makhalina V. N. Makhalin |
author_sort |
O. M. Makhalina |
title |
Challenges and risks in the process of Russia’s post-pandemic economic recovery |
title_short |
Challenges and risks in the process of Russia’s post-pandemic economic recovery |
title_full |
Challenges and risks in the process of Russia’s post-pandemic economic recovery |
title_fullStr |
Challenges and risks in the process of Russia’s post-pandemic economic recovery |
title_full_unstemmed |
Challenges and risks in the process of Russia’s post-pandemic economic recovery |
title_sort |
challenges and risks in the process of russia’s post-pandemic economic recovery |
publisher |
Publishing House of the State University of Management |
publishDate |
2021 |
url |
https://doaj.org/article/eaa0a37891a9428583f239da057e142d |
work_keys_str_mv |
AT ommakhalina challengesandrisksintheprocessofrussiaspostpandemiceconomicrecovery AT vnmakhalin challengesandrisksintheprocessofrussiaspostpandemiceconomicrecovery |
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1718373424647110656 |