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List of scientific works / THE WORLD ECONOMY IN THE STAGE OF A PANDEMIC: NEW REALITIES AND SOCIO-ECONOMIC EXPECTATIONS

11.06.2022

Elshan Hajizadeh

Azerbaijan Republic Azerbaijan State Economic University - UNEC Center of

Energy Economics, director

ORCID ID: 0000-0001-5447-9676

elshan@hajizada.com

 

 

Abstract

The pandemic brings new approaches to all socio-economic life. His consequence, connected with the life of a man, initially found a reflection in the very medical state. First of all, it is related to hospitals, including beds and medical staff, medications, especially those associated with infectious diseases. The pandemic also revealed the fragility of a complex global chain of values on the economic front. Therefore, countries should be ready for a new changing nature of the world economy, so that as soon as possible get out of the crisis and a strong economic recession. Here a large number of states should first develop an comprehensive action plan to combat the new phenomenon and develop adequate action strategies to eliminate its negative socio-economic consequences.

Keywords: pandemic, medical technologies, tourism business, world economy, socio-economic problems.