ANALYSIS OF THE EFFICIENCY OF INDUSTRY SUPPORT MEASURES DURING THE CORONAVIRUS PANDEMIC AND THEIR CONTRIBUTION TO THE RECOVERY OF ECONOMIC ACTIVITY IN RUSSIA

Abstract

The relevance of the topic is due to the fact that the sharp changes in the sectors of the economy caused by the coronavirus pandemic have affected all existing forecasts of socioeconomic development. At the same time, a number of new support measures have appeared, both at the federal level and at the regional level. In this regard, it is necessary to analyze the current support measures aimed at the development of economic sectors, taking into account risks and opportunities, which seems to be the most important task for the Russian economy. The purpose of the study was to study the effectiveness of industry support measures in a crisis caused by non-economic reasons. The subject of the study is the effectiveness of support measures in the context of the coronavirus pandemic and their contribution to the restoration of the economic activity of the Russian Federation. The research method or methodology is to conduct a comprehensive economic analysis, a review of research literature (Russian and foreign), an analysis of foreign practices in providing business support, an assessment of financial stability and the effectiveness of support measures in a pandemic As a result of the work carried out, the effectiveness of support measures in the context of the coronavirus pandemic and their contribution to the restoration of economic activity, both in foreign countries and in federal and regional support measures for Russia, were analyzed. The scientific novelty of the study lies in the analysis and application of the experience of foreign countries in Russian realities and the study of the contribution to the Russian economy of the impact of existing support measures. The recommendations obtained as a result of the study indicate the need to calculate the effectiveness of support measures before its introduction. The project was carried out as part of research work by the Laboratory for Structural Research of the IPEI RANEPA under the President of Russian Federation in 2022.

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