Abstract

Relevance. The economic downturn during the introduction of restrictive measures in connection with the COVID-19 pandemic determines the urgency of developing measures and proposals to ensure the sustainable development of various spheres of social production. The purpose of the study is to develop proposals to support and ensure the development of tangible and intangible production in the Russian Federation during the COVID-19 pandemic. Objectives: analysis of the impact of the COVID-19 pandemic on the global economy as a whole and the Russian Federation, in particular; identification of the most affected, not affected and had a positive growth in the spheres of social production, development of the main directions of their further development. Methodology. The methodological base of the study is based on a systematic analysis of data obtained from available sources, observations and personal experience of the author, as well as the use of economic and mathematical methods and expert opinion of specialists from specialized industries. Results. As a result of the analysis, the industries most affected by the introduction of restrictive measures in connection with the COVID-19 pandemic were identified. The most affected areas of activity have been identified, and possible consequences of others that may manifest themselves in the short term. Proposals have been developed for the stabilization and development of various spheres of material and non-material production. Conclusions. The COVID-19 pandemic had a twofold impact on social production: on the one hand, certain industries declined, and on the other hand, it created prerequisites for the development of other spheres of social production. At the same time, the introduction of digital technologies and the development of information and communication systems became particularly relevant, which led to the economic transformation of production.

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