ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 52 No. 5 (2022)
BOOKSHELF

Russian Experience of Adaptation to External Shocks for the Economy (About the Book “The Response of Russian Business to the COVID-19 Pandemic”)

  • V.E. Dementiev
V.E. Dementiev
Corresponding Member RAS, Central Economics and Mathematics Institute of the Russian Academy of Science, Moscow
DOI: https://doi.org/10.30680/ECO0131-7652-2022-5-178-192

Published 2022-04-30

Keywords

  • COVID-19 pandemic; economic crisis; adaptation potential; industry markets; economic policy; interaction between government and business; digitalization of the economy

How to Cite

1.
Dementiev В. Russian Experience of Adaptation to External Shocks for the Economy (About the Book “The Response of Russian Business to the COVID-19 Pandemic”). ECO [Internet]. 2022 Apr. 30 [cited 2024 Nov. 23];52(5):178-92. Available from: https://ecotrends.ru/index.php/eco/article/view/4433

Abstract

Modern economic development is characterized by significant turbulence, which arises as a result of not only internal economic factors. The pandemic provides an important experience in adapting the economy to external shocks. The article is devoted to the discussion of a monograph prepared based on the results of a study that analyzed both the reaction of business and the state to the crisis caused by the COVID-19 pandemic and post-crisis development scenarios. The article presents the lessons that can be learned from the experience of this response to increase the resilience of the Russian economy to crises and external shocks. Some forecasts of post-ovoid development contained in the monograph are discussed. Particular attention is paid to the limited size of the domestic market, which can complicate the digital transformation of the Russian economy. The actual scope of further research using the methodology of mesoeconomical analysis approved in the monograph is outlined.

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