Coronavirus And Economy Of The World

Main Article Content

Teimuraz Shengelia

Abstract

Coronavirus is having a significant impact on the world economy, which is evealed in the decline of international trade, the restriction of labor markets and investment activity, the undermining of public finances and the monetary system as well as in changing people’s behavior. Due to these circumstances, states face two main tasks: firstly, to localize the virus in the hope that world medicine will create an antivirus and secondly, to rationally manage the economy under these conditions. Otherwise, in the post-coronavirus period, it will be difficult to rapidly revive the economy.

Keywords:
Coronavirus, economy, post-virus crisis, scenarios, resuscitation of economy
Published: Nov 21, 2021

Article Details

How to Cite
Shengelia , T. (2021). Coronavirus And Economy Of The World. Proceedings of Tskhum-Abkhazian Academy of Sciences, 21, 150–157. Retrieved from https://proceedings.taas.ge/index.php/taas/article/view/5443
Section
Economics
Author Biography

Teimuraz Shengelia , Ivane Javakhishvili Tbilisi State University

Doctor of Economical Sciences,

Professor at Ivane Javakhishvili Tbilisi State University

Director of Economics and Business Institute of TskhumAbkhazian Academy

E-mail: shengelia.temur@gmail.com