

Macroeconomic effects of the pandemic and prospects for economic recovery (Proceedings of the roundtable discussion at the XXII April international academic conference on economic and social development)
https://doi.org/10.32609/0042-8736-2021-7-5-30
Abstract
The roundtable participants assessed the effects of the pandemic and analyzed its consequences, the impact on economic and social development. The main attention in the discussion was paid to the pace of economic recovery, anti-crisis mechanisms to support the economy in 2020, which can become systemic, aimed at stimulating investment activity, and suggest new approaches to solving social problems. The participants in the discussion proposed considering the possibility of strengthening the countercyclical nature of the fiscal rule, taking into account not only oil prices, but also other factors of economic activity. It was noted that investments in many sectors have increased, but mainly due to budgetary sources, the role of budgetary policy has also increased. During the pandemic, the role of the state has changed: it has become not only a source of funds, but also a guarantor of investments and social payments. However, the roundtable participants noted that this new role of the state should not be ensured by raising taxes.
Keywords
JEL: E6, H11, O1, O4, P4
About the Authors
A. N. ShokhinRussian Federation
Alexander N. Shokhin
Moscow
N V. Akindinova
Russian Federation
Natalia V. Akindinova
Moscow
V. Y. Astrov
Austria
Vasily Y. Astrov
Vienna
E. T. Gurvich
Russian Federation
Evsey T. Gurvich
Moscow
O. A. Zamulin
Russian Federation
Oleg A. Zamulin
Moscow
A. N. Klepach
Russian Federation
Andrey N. Klepach
Moscow
V. A. Mau
Russian Federation
Vladimir A. Mau
Moscow
N. V. Orlova
Russian Federation
Natalia V. Orlova
Moscow
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Review
For citations:
Shokhin A.N., Akindinova N.V., Astrov V.Y., Gurvich E.T., Zamulin O.A., Klepach A.N., Mau V.A., Orlova N.V. Macroeconomic effects of the pandemic and prospects for economic recovery (Proceedings of the roundtable discussion at the XXII April international academic conference on economic and social development). Voprosy Ekonomiki. 2021;(7):5-30. (In Russ.) https://doi.org/10.32609/0042-8736-2021-7-5-30