Anti-crisis measures to support the Russian economy in a pandemic: power and business compromises

Authors

  • Asali M. Asaliev Plekhanov Russian University of Economics (Moscow, Russia)
  • Alexey A. Stepanov Plekhanov Russian University of Economics (Moscow, Russia)
  • Matvey S. Oborin Plekhanov Russian University of Economics, Perm Institute (branch); Perm State National Research University; Perm State Agro-Technological University named after Academician D. N. Pryanishnikov (Perm, Russia); Sochi State University (Sochi, Russia) https://orcid.org/0000-0002-4281-8615
  • Elena V. Gordeeva Plekhanov Russian University of Economics, Perm Institute (branch) (Perm, Russia)

DOI:

https://doi.org/10.24411/1995-042X-2020-10206

Keywords:

crisis, pandemic, business support, anti-crisis management, unemployment, regional socio-economic policy, tools for implementing socio-economic policy

Abstract

This article analyzes the current socio-economic situation in the regions of Russia caused by the spread of the COVID-19 pandemic, as well as examines the dynamics of business development in various sectors of the economy, the reduction of employment, and effective measures to support Federal and regional authorities. The problem of determining the most effective tools for implementing regional socio-economic policy in the context of the crisis remains relevant in the current conditions, and scenarios for further development of the situation, including in the post-crisis period, are being developed and searched for. Improving the effectiveness of anti-crisis management and implementing compromise decisions of the government, business and society is becoming a priority for the authorities. In the context of the large-scale spread of a new coronavirus infection, it is necessary to analyze the experience of managing a country and regions in the context of global crises, such as economic depression, wars, and post-war economic recovery. A feature of the current situation is a decrease in income and a sharp reduction in liquidity, especially in the most affected sectors of the economy, which has created serious threats of mass withdrawal from the market of small firms that do not have reserves, a break in production ties and a sharp increase in unemployment.

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Author Biographies

Asali M. Asaliev, Plekhanov Russian University of Economics (Moscow, Russia)

PhD (Dr.Sc.) in Economics, Professor, Vice-Rector

Alexey A. Stepanov, Plekhanov Russian University of Economics (Moscow, Russia)

PhD in Economics, Associate Professor

Matvey S. Oborin, Plekhanov Russian University of Economics, Perm Institute (branch); Perm State National Research University; Perm State Agro-Technological University named after Academician D. N. Pryanishnikov (Perm, Russia); Sochi State University (Sochi, Russia)

PhD (Dr.Sc.) in Economics, Professor

Elena V. Gordeeva, Plekhanov Russian University of Economics, Perm Institute (branch) (Perm, Russia)

PhD in Economics, Associate Professor

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Published

2020-06-25

How to Cite

Asaliev А. М., Stepanov А. А., Oborin М. С., & Gordeeva Е. В. (2020). Anti-crisis measures to support the Russian economy in a pandemic: power and business compromises. Services in Russia and Abroad, 14(2/89), 63–77. https://doi.org/10.24411/1995-042X-2020-10206

Issue

Section

STATE, MUNICIPAL AND CORPORATE GOVERNANCE IN SERVICES SECTOR: CURRENT ISSUES