Competition Policy as a Strategic Determinant of Economic Development in the Post-pandemic Period: Management and Legal Aspects

Abstract

The state and tendencies of COVID-19 influence on the economic situation in the world are studied and the socio-economic losses suffered by the world economy during the pandemic are analyzed. The entire world community, starting in mid-December 2019, has come under the enormous influence of the World Coronavirus Epidemic, called COVID-19. The pandemic caused by this virus has already caused thousands of casualties around the world, imposed significant restrictions on the socio-cultural life of the population and radically changed the trends of the global economy. Today, it is difficult to predict what final human casualties and economic losses will be suffered by states in the short, medium and long term. However, it is important to consider individual economic development forecasts and measures selected by the governments of the world's leading countries to overcome the negative effects of the COVID-19 pandemic. This will allow to form a real vision of the possible course of economic processes that will directly affect the level of socio-cultural life of the population.and the real measures taken to stabilize the financial and economic situation at the micro and macro levels.

Post-Pandemic Economics and Health Equity; Comment on "Ensuring Global Health Equity in a Post-pandemic Economy"

“…The post-pandemic recovery plans for those countries with the required fiscal capacities seemed to embody that transformative, both micro and macro-economic optimism, 11 according to Labonté. The Green New Deal still promises substantial environmental protection, a rapid change in fossil fuels, and new expansionary social spending, as in the case of the European Union.…”

Impact of the COVID-19 pandemic on the economic development of EU countries

“…Furthermore, the amount of losses caused by this negative process has been determined. For the European Union, it will amount to almost EUR 1 billion, or 6% of its GDP (Hafner et al, 2020), and the world economy can lose between 5 and 12.5 trillion dollars (Androniceanu, 2020;Avanesova et al, 2021).…”

“…Croatia has introduced grants to female entrepreneurs to help businesses (Srhoj et al, 2021). Ukraine has continued to develop its competitive policy (Avanesova et al, 2021), labor productivity (Chugaievska et al, 2020), and educational programs focused on GDP growth (Samoliuk et al, 2021). Other countries have focused on the digitalization of the economy (Song et The review shows that most of the studies on the pandemic examine its impact on individual aspects of development, government crisis response measures, etc.…”