Management of state financial policy in the context of the COVID-19 pandemic
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Дата
2021
Науковий керівник
Укладач
Редактор
Назва журналу
ISSN
E-ISSN
Назва тому
Видавець
Анотація
The Covid-19 pandemic has added an unprecedented element of
unpredictability to the global economy. States are trying to fight the epidemic
economic and social consequences by taking drastic measures, including financial
intervention, in an attempt to stabilize markets. The article draws analogies with the
crisis periods of the past, like the Great Depression of the 1930s, and shows that the
current crisis has significant differences, which makes it difficult to apply any proven
models of public financial policy to mitigate the consequences of the crisis. The
necessity of strengthening the investment activity of the state, as well as the activity of
the Central Bank to prevent financial panics, is substantiated, which should be carried
out simultaneously with structural reforms.
Опис
Ключові слова
COVID-19 pandemic, Crisis, Financial policy, Investment, Structural transformation
Бібліографічний опис
AD ALTA: Journal of Interdisciplinary Research