The Pandemic Crisis as a Challenge for Economic Analysis and Policy

A. A. Shirov ()
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A. A. Shirov: Institute for Economic Forecasting, Russian Academy of Sciences

Studies on Russian Economic Development, 2021, vol. 32, issue 3, 229-237

Abstract: Abstract— 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.

Keywords: coronacrisis; economic analysis; economic policy; lockdown; GDP; intersectoral relations (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1134/S1075700721030138

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