State regulation of socio-economic development in a pandemic

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DOI:

https://doi.org/10.26577/be.2021.v138.i4.01
        54 0

Abstract

During the economic crisis caused by the coronavirus pandemic (COVID-19), the governments
of the countries implemented measures in various areas of domestic policy – financial, monetary and
social. The measures were of an extraordinary nature, providing for the solution of such tasks as the
preservation of business and employment support, social protection and public health protection. For
obvious reasons, in most countries of the world, all means have been used to fight the pandemic. In
the budgetary sphere, extraordinary and far-reaching measures have been taken regarding taxes and
expenditures, designed to save lives, support the population and businesses, and create conditions for
economic recovery.
The article reveals the current economic and social consequences of the COVID-19 pandemic based
on a literature review, as well as identifies strategic actions of state regulation to solve problems after the
end of the pandemic in the field of digital technologies and expanding access to the Internet, revising
the system of social benefits. The necessity of introducing a progressive tax system has been substantiated.
Particular attention is paid to professional orientation of the population, taking into account the
consequences of the pandemic and current trends in the labor market and the functions of employment centers, as well as the importance of training in accordance with skills for life and adaptation to changing
realities.
The object of the research is the socio-economic processes in the Republic of Kazakhstan during
the pandemic. In the country, an unprecedented situation has developed and established itself in 2020-
2021, for which both the government and the population were not prepared. Day by day, the number
of fatal cases is increasing, a new strain of the virus has appeared, and the vaccination is not giving the
expected results. The government of the country needs to take tough and effective measures. All this
substantiated the relevance of the chosen research topic.
Key words: social projects, COVID-19, macroeconomics, labor market, education, government
regulation, vocational guidance.

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Published

2021-12-29