Abstract

The article is devoted to measures of state and banking stimulation of the digital transformation of cultural organizations during the COVID-19 pandemic, as well as the need for legal understanding of such concepts of Russian legislation as financial support, methods of financial support. The authors of the study propose regulatory changes to improve the financial and legal mechanism of interaction between participants in tax and public banking legal relations, including government bodies, as well as representatives of the banking sector to provide financial support to cultural organizations. It has been concluded that the state is the main subject of financial support for cultural organizations in Russia during the spread of the COVID-19 pandemic. At the same time, at the institutional level, the financial and legal regulation of the provision of such financial assistance has yet to be built.

Highlights

  • Following the closure of borders between the states, measures of social distancing, some of the most significant and meaningful transformations have taken place in the management system of the cultural sphere

  • Despite the fact that theaters and museums switched to online broadcasts, mastered new formats of performances, significant financial losses are observed in the cultural sphere [2, 3]

  • Digital transformation of the cultural sphere took place in the shortest possible time, which was significantly influenced by the trajectory of the previous development in this direction

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Summary

Introduction

Following the closure of borders between the states, measures of social distancing, some of the most significant and meaningful transformations have taken place in the management system of the cultural sphere. Tours have been canceled in all countries of the world, theaters, museums, and cultural centers have been closed. At the beginning of March 2020, most cultural institutions around the world were closed for an indefinite period, the programs of their events were canceled or postponed. UNESCO informs that “even if museum complexes are opened within the 18 months, a significant decrease in the flow of visitors is expected due to a decrease in international tourism. In this regard, many museums find themselves on the verge of bankruptcy and are forced to adapt to new circumstances” [4]

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