The The Development Strategies for National Economies after the Covid-19 Pandemic
Open Access
- 16 November 2020
- journal article
- Published by Vilnius University Press in Ekonomika
- Vol. 99 (2), 92-103
- https://doi.org/10.15388/ekon.2020.2.6
Abstract
What are the economy sectors will help countries overcome the crisis caused by the COVID-19 pandemic? How countries should rezone their investment strategies to bolster recovery in main economy sectors? Using the Cobb-Douglas model, the importance of agriculture, energy, education, and ICT industries for GDP growth was proven. It was confirmed that agriculture and industry will be key sectors in the post-crisis period for Ukraine, Poland and Austria. During the time of economic uncertainty growth, ICT and e-commerce sectors are principal tools that will sustain the population’s well-being.Keywords
This publication has 8 references indexed in Scilit:
- COVID-19 Outbreak in Post-Soviet States: Modeling the Best and Worst Possible ScenariosElectronic Journal of General Medicine, 2020
- Forecasting COVID-19 pandemic in Poland according to government regulations and people behaviorPublished by Cold Spring Harbor Laboratory ,2020
- Predicting the growth and trend of COVID-19 pandemic using machine learning and cloud computingInternet of Things, 2020
- The socio-economic implications of the coronavirus pandemic (COVID-19): A reviewInternational Journal of Surgery, 2020
- COVID-Induced Economic UncertaintyPublished by National Bureau of Economic Research ,2020
- Economic Effects of Coronavirus Outbreak (COVID-19) on the World EconomySSRN Electronic Journal, 2020
- The Global Macroeconomic Impacts of COVID-19: Seven ScenariosSSRN Electronic Journal, 2020
- Models for analysis of impact of the e-commerce on indicators of economic development of Ukraine, Poland and AustriaMarketing and Management of Innovations, 2018