Problems of Socio-economic Crisis Caused by Covid-19 Influence on Creative Industries

Yu. O. Glushkova, D. V. Filippov, Yu. O. Yershov, L. A. Podsumkova

2021

Abstract

President Vladimir Putin, in his speech to citizens on March 25, 2020, announced a number of measures aimed at supporting the economy in the context of accelerating the spread of coronavirus infection on the territory of the Russian Federation. These measures are focused on four areas (www.economy.gov.ru): 1. Providing essential goods and supporting the population (monitoring consumer prices; monitoring the availability of essential goods for sale; implementing measures to actively support employment; establishing a "green corridor" for the import of essential goods). 2. Support for the sectors of the economy that are at risk (exemption of tour operators from paying fees and establishing compensation for their losses; monitoring the financial situation of developers and contractors; providing deferred tax payments for a period of 3 months to organizations and industries most affected by the pandemic. 3. Support for small and medium-sized businesses (a moratorium on inspections of small and medium-sized businesses; deferred payment of lease payments in the case of using state or municipal property; provision of forms of concessional lending). 4. System-wide measures (creation of a financial reserve of up to 300 billion rubles; creation of a guarantee Fund for restructuring loans to companies affected by the deteriorating economic situation). Despite all the measures taken, it is currently difficult to assess the real scale and impact of COVID-19 on the Russian economy. Today (May 10, 2020) there is a deterioration of the sanitary and epidemiological situation in the country. Time will tell how Russia will survive this pandemic and how much damage will be done to the economy. Theoretical analysis. The article provides a theoretical analysis of the crisis in the creative industries, as well as a detailed review of the opportunities and threats of the crisis. Results. Based on the generalization of scientists’ views on the pandemic, the advantages and threats to the creative cluster are identified. According to the results of the research, problematic issues were identified due to the specifics of the development of the creative sphere.

Paper Citation

in Harvard Style

Glushkova Y., Filippov D., Yershov Y. and Podsumkova L. (2021). Problems of Socio-economic Crisis Caused by Covid-19 Influence on Creative Industries. In Proceedings of the 2nd International Scientific and Practical Conference "COVID-19: Implementation of the Sustainable Development Goals" - Volume 1: RTCOV, ISBN 978-989-758-617-0, pages 197-202. DOI: 10.5220/0011117500003439

in Bibtex Style

@conference{rtcov21,
author={Yu. O. Glushkova and D. V. Filippov and Yu. O. Yershov and L. A. Podsumkova},
title={Problems of Socio-economic Crisis Caused by Covid-19 Influence on Creative Industries},
booktitle={Proceedings of the 2nd International Scientific and Practical Conference "COVID-19: Implementation of the Sustainable Development Goals" - Volume 1: RTCOV,},
year={2021},
pages={197-202},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011117500003439},
isbn={978-989-758-617-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Scientific and Practical Conference "COVID-19: Implementation of the Sustainable Development Goals" - Volume 1: RTCOV,
TI - Problems of Socio-economic Crisis Caused by Covid-19 Influence on Creative Industries
SN - 978-989-758-617-0
AU - Glushkova Y.
AU - Filippov D.
AU - Yershov Y.
AU - Podsumkova L.
PY - 2021
SP - 197
EP - 202
DO - 10.5220/0011117500003439