International Journal of Computer Science & Network Security

International Journal of Computer Science & Network Security (국제컴퓨터통신보호논문지학회)
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Identifying Factors Increasing and Decreasing Economic Resilience During COVID-19 Crisis

  • Zakharov, Vladimir Yakovlevich (Department of Economics of Enterprises and Organizations, National Research Lobachevsky State University of Nizhny Novgorod) ;
  • Ludushkina, Elena Nikolaevna (Department of Economics of Enterprises and Organizations, National Research Lobachevsky State University of Nizhny Novgorod) ;
  • Kornilova, Elena Valerievna (Department of Economics of Enterprises and Organizations, National Research Lobachevsky State University of Nizhny Novgorod) ;
  • Kislinskaya, Marina Vladimirovna (Department of Economics of Enterprises and Organizations, National Research Lobachevsky State University of Nizhny Novgorod) ;
  • Brykalov, Sergei Mikhailovich (Department of Economics of Enterprises and Organizations, National Research Lobachevsky State University of Nizhny Novgorod)
  • Received : 2022.07.05
  • Published : 2022.07.30
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Abstract

The article contains an overview of the results of recent research by think tanks in different countries, devoted to the analysis of economic resilience factors in the Covid-19 crisis and the development of recommendations for improving preparedness for the next crises. The authors consider and propose a theoretical framework for the concept of the resilience of economic systems. The impact of the COVID-19 crisis on national economies is analyzed. Factors explaining the different cability of economic systems to withstand shock in the short and long term are identified. The reactions of market participants and national governments to the crisis are assessed. It is shown how the COVID-19 crisis has affected the digital transformation of economic systems, and how digital transformation helps to increase the resilience of national economies so that the latter can emerge from the crisis even stronger.

Keywords

Acknowledgement

The study was carried out within the framework of the basic part of the state task by the Russian Ministry of Science and Higher Education, project 0729-2020-0056 "Modern methods and models for diagnosing, monitoring, preventing and overcoming crisis phenomena in the economy in the context of digitalization as a way to ensure the economic security of the Russian Federation".

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