MEDIATION IN ENFORCING OBLIGATIONS AND MAIN TAINING LIQUIDITY OF SUPPLY IN THE CONTEXT OF PANDEMIC AND RUSSIAN-UKRAINIAN WAR

Katarzyna Szymanska ()
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Katarzyna Szymanska: Ignacy Moscicki University of Applied Sciences in Ciechanow

THE MEDIATION IN THE DIFFERENT PUBLIC SPHERES 2021 CONFERENCE PROCEEDINGS, 2022, issue 1, 126-136

Abstract: Recent years have been a challenging time for businesses. The pandemic and the Russian-Ukrainian war have affected business activities and shaken the trade exchange. Problems have emerged with maintaining supply chains, maintaining production capacity, rising prices, difficulties in obtaining raw materials and components, financial liquidity, being cut off from eastern markets and the outflow of Ukrainian workers. Problems are also exacerbated by sanctions against Russia, which have caused price increases in energy raw materials, metals and food, as well as time and form of transportation. Entrepreneurs operating in the current realities are exposed to default, failure to pay on time, failure to meet obligations, changes in payment terms, setting new delivery schedules, negotiating insurance and credit terms, concluding and terminating trade agreements. Often the actions of other companies are not malicious, but are due to the fact of standstills and similar problems. Going to court is not the best solution due to the long time of hearings, costs and emerging mutual resentment. To continue operating on the same market, entrepreneurs should try to cooperate with each other and solve problems amicably. Mediation can be helpful in this regard, as it is cheaper than court trials, shorter and allows good relations and further cooperation. The purpose of the article is to show the economic problems of entrepreneurs, to show the new behavior of producers and to indicate the role of mediation in the key activities of enterprises in the context of the pandemic and the Russian Ukrainian war.

Keywords: producer problems; liquidity disruptions; new consumer behavior; mediation (search for similar items in EconPapers)
JEL-codes: K00 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr2109:y:2022:i:1:p:126-136

DOI: 10.36997/MDPS2022.13

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