Abstract

The pandemic of coronavirus infection COVID-19 has radically changed the course of world economic processes, and Ukrainian in particular. The consequences of the pandemic have significantly affected the economic stability of Ukrainian enterprises, demonstrating to them the urgent need to restore their economic stability. Despite the fact that a large number of leading Ukrainian and foreign scientists study the formation and maintenance of economic stability of the enterprise, some issues remain insufficiently covered, namely, they do not contain enough proposals to restore economic stability of enterprises operating in the coronavirus crisis. Purpose of the article is to study the impact of the coronavirus infection pandemic COVID-19 on the economic sustainability of world economies, as well as Ukrainian enterprises with further development of practical recommendations for the implementation of strategic aspects of its recovery. Methods of observation, comparison, analysis, analytical method and method of statistical analysis had used. It has established that the main factor of destabilizing influence on modern world economic processes is the pandemic of coronavirus infection COVID-19. The world’s largest economies in the second quarter of 2020 due to the crisis caused by COVID-19 suffered the highest, even record rates of GDP reduction. The decline in Ukraine’s GDP in this period was 11.4%. However, a decrease in the depth of decline of most types of Ukrainian economic activity has recorded. The above necessitated the development of strategic aspects of restoring the economic stability of Ukrainian enterprises, which have proposed in their practical activities in order to avoid the negative consequences of the coronavirus crisis. Given the effects of the coronavirus crisis, the development and recommendation for the practical application of strategic aspects of restoring the economic stability of Ukrainian enterprises has become an urgent need. We believe that the implementation of the proposed strategic recommendations will allow Ukrainian businesses to avoid a deep economic crisis and bankruptcy.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.