Abstract
The article examines the functioning of small and medium-sized businesses in crisis conditions. A period of crisis conditions (2018–2022) for conducting business activities has been determined: the global economic crisis of 2018, the global pandemic of 2020–2022, and the full-scale war in Ukraine that began in February 2022 and continues to this day. The main measures of the domestic government in supporting small and medium-sized businesses to overcome the consequences of the global economic crisis in 2018 are analyzed: state business financing programs, which were carried out at the expense of the European Bank for Reconstruction and Development. Among the types of support, the main ones were: access to finance (46%), business development services (24%) and a favorable business environment (30%). The State program to stimulate the economy during the global pandemic of COVID-19 and its impact on the activities of entrepreneurs are characterized. The main government steps to help Ukrainian businesses after a full-scale invasion have been identified. The government’s implementation of the business recovery program in the pandemic partially adapted entrepreneurship to crisis conditions: the number of active business entities (in particular, small and large ones) decreased, albeit slowly. Considered the implementation of new state programs by the national government by making certain changes to the current legislation on supporting business activities and stimulating the economy during the war: the requirements for obtaining licenses and permits for many types of activities were canceled; the law on the liberalization of labor relations was signed; amendments were made to the Tax Code of Ukraine; the absence of inspections and various sanctions due to untimely submission of reports is ensured, except for certain exceptions; postponement of the fulfillment of the terms of contracts in the event of force majeure circumstances. The monitoring of the business environment during the war in Ukraine is characterized. The main domestic government products and programs used to improve the business environment in crisis conditions are listed. The main measures to ensure business development in crisis conditions and the results of their implementation have been determined.
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More From: Scientific Notes of Taurida National V.I. Vernadsky University. Series: Economy and Management
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