Impact and Consequences of the COVID-19 Pandemic: Socio-Economic Dimension

Purpose: the active development of the coronavirus pandemic and measures to counter it by national authorities and international organizations have already influenced the perception of reality by the inhabitants of the planet. There is a natural desire to understand: everything that is happening is a temporary phenomenon, the overcoming of which will return our life to its former course, or the transformations taking place in society are of a long-term nature, and humanity is in the process of forming qualitatively new parameters of existence, which can become a "new normality". The main objective of the study is to conduct a qualitative analysis of changes in the socio-economic sphere associated with the spread of the COVID-19 pandemic in the world. The goal is to identify social, economic and institutional processes that can influence the life of society.

Methods: a set of methods of practical analysis and theoretical research was used, including: logical, system and abstract methods.

Results: the study solves the main task of this work - to conduct a qualitative analysis of the transformations in the socio-economic sphere associated with the spread of the COVID-19 pandemic in the world. On the basis of factual and statistical information, the features of the current situation are identified, as well as the processes and trends of development that can lead to fundamental, long-term changes in the socioeconomic life of society.

Conclusions and Relevance: a qualitative analysis of the impact of COVID-19 on the social and economic spheres of society shows that the impact of the coronavirus pandemic has crossed the boundaries of the exclusive medical and biological perception of this phenomenon and is increasingly acquiring an economic and socio-humanitarian dimension.

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