Editorial
| Autor | Maxym Tkalych, Tetiana Kolomoiets, Iryna Davydova |
| Cargo | Maxym Tkalych, Zaporizhzhia National University, Ukraine. Ph. D., Associate Professor of Civil Law Department of Zaporizhzhia National University, Ukraine. Tetiana Kolomoiets, Zaporizhzhia National University, Ukraine. Doctor of Legal Science, Professor, Corresponding Member of the National Academy of Legal Sciences of Ukraine, Honored Lawyer... |
| Páginas | 6-8 |
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www .am azon iai nves tiga .inf o I SSN 232 2- 6307
DOI: https://doi.org/10.34069/AI/2022.50.02.0
How to Cite:
Tkalych, M., Kolomoiets, T., & Davydova, I. (2022). Editorial. Amazonia Investiga, 11(50), 6-8.
https://doi.org/10.34069/AI/2022.50.02.0
Editorial
The world in the post-Covid era: current issues of economics, politics, law
Written by:
Maxym Tkalych
Ph. D., Associate Professor of Civil Law Department of Zaporizhzhia National University, Ukraine.
https://orcid.org/0000-0003-4224-7231
Tetiana Kolomoiets
Doctor of Legal Science, Professor, Corresponding Member of the National Academy of Legal Sciences
of Ukraine, Honored Lawyer of Ukraine, Dean of Law Faculty of Zaporizhzhia National University,
Ukraine.
https://orcid.org/0000-0003-1101-8073
Iryna Davydova
Doctor of Legal Sciences, Professor, Professor of Civil Law, National University "Odessa Law Academy",
Ukraine.
https://orcid.org/0000-0001-5622-671X
The curr ent stage of human development is
characterized by instability associated with
radical changes in world politics, economics, law
and many other spheres of public life. The
COVID-19 pandemic, declared by the World
Health Organization in 2020, is complicating the
situation, as measures to combat the spread of the
disease, including lockdown, have negatively
affected entire sectors of the world economy. The
United Nations estimates that the global
economy shrinked by 4.3 percent in 2020, two
and a half times more than during the 2009 global
financial crisis (UN News, 2021). According to
economists Bartholomew and Diggle, the global
economy by 2030 will still continue to lag behind
the pre-pandemic trend by 3%, but this effect will
be extremely uneven across countries (Diggle &
Bartholomew, 2021) . At the same time, the
negative impact of the pandemic on the world
economy has a variety of manifestations.
The corona crisis in almost all countries has led
to a shock in the labor market. F or example, in
the United States, unemployment rose rapidly in
March 2020, just after the pandemic began and
by April 2020 it was well above its previous peak
during and immediately after the Great
Recession. This surge in unemployment was
triggered by the introduction of quarantine
restrictions, namely self-isolation, which meant
the closure of many companies. Although the
unemployment rate has been gradually declining
since April, in December 2020, it remained
almost twice as high as in February of the same
year (6.7% vs. 3.5%) (Cajner, et al., 2020). As for
Ukraine, we have seen similar processes with the
proclamation of a pandemic. Unemployment in
Ukraine began to rise sharply in April, with the
introduction of strict quarantine. If in March,
there were 349 thousand officially registered
unemployed in Ukraine (the real level is many
times higher), in April this figure reached 457
thousand, in May – 511 thousand, and in June –
517 thousand people. And only in July this figure
began to reduce – to 506 thousand, and in August
– to 474 thousand. In general, since the beginning
of quarantine in Ukraine, about 488 thousand
people have received the status of unemployed
(as of the end of August 2021), which is 67%
more than in the same period of 2020. Hundreds
of thousands of citizens became unemployed:
both representatives of intellectual and manual
labor.
How economies coped with labor market
problems depended on the anti-crisis policies
pursued by each country. For example, in the
United States, unemployment payments have
increased while European countries have taken
the path of forced vacations and reduced working
hours to maintain jobs and the ties that have
formed in the labor market between workers and
employers. In the long run, countries with higher
unemployment rates are more likely to
experience a longer decline in labor force
participation, although there may be a more
effective redistribution of labor force
participation (Diggle & Bartholomew, 2021).
Tkalych, M., Kolomoiets, T., Davydova, I. / Volume 11 - Issue 50: 6-8 / February, 2022
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