Comparative Analysis of Transformation in Structure of Post-Soviet Country’s Post-COVID Economy

Aleksandr P. Tsypin (), Margarita Rohr () and Vladimir Osipov
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Aleksandr P. Tsypin: Financial University Under the Government of the Russian Federation
Margarita Rohr: University of Valencia

Chapter Chapter 8 in Post-COVID Economic Revival, Volume I, 2021, pp 109-126 from Springer

Abstract: Abstract “Comparative Analysis of Transformation in Structure of Post-Soviet Country’s Post-COVID Economy” includes the post-Soviet countries economic analysis during the transitiontransition years. It has repeatedly experienced stresses under the influence of financial crises, some of them being echoes of globalglobal crises, others of an internal nature. But at the end of 2019 a crisiscrisis emerged that the global economy had not yet faced, as it was caused by biological factors. Consequently, the economic systems of the countries of the world were not prepared for the confrontation, whose consequence was lockdowns, the closure of service enterprises and restrictions on the movement of the populationpopulation. Another important factor aggravating the consequences of the coronavirus crisis is that the world communitycommunity is in the process of transition towards a digital economydigital economy, meaning that significant resources were diverted to digitization, did not allowing us to respond quickly to the challenges of the pandemic. In relation to the above, we believe that the study of the magnitude of the transformationtransformation of the economy of the post-Soviet countries under the influence of the COVID-19 is an urgent task. Hence the aim of the study, which is to quantify the negative and positive impacts of the COVID-19 on the transformation of the economic structure of post-Soviet countries. Within the framework of the selected objective, the specific task of considering the issue of the possible acceleration of the transition to the digital economy under the influence of the coronavirus crisis was resolved. To achieve this goal, general scientific methods such as comparison, historical analysis, and synthesis were used. The main results of this research include the formulation of methodological approaches for the statistical study of the impact of the COVID-19 on changes in the proportions between types of economic activity in the economies of post-Soviet countries, as well as a quantitative evaluation of the “depth” of the recession under the influence of the coronavirus crisis in some of the above-mentioned countries. As a direction for further research, it is possible to point out the identification and study of the country-specific features of the way out of the COVID-19 crisis in the area of post-Soviet countries.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-83561-3_8

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DOI: 10.1007/978-3-030-83561-3_8

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