THE CORONAVIRUS CRISIS OUTBREAK AND THE ECONOMIC PERSPECTIVES

Abstract

The article aims to deepen the study of the economic and social impact of the coronavirus pandemic worldwide and in Slovakia. The sudden outbreak of the COVID-19 pandemic changed the usual stereotypes of government agencies, businesses, hospitals, schools and all other structures where people existed. The world has changed. Restraint measures have affected people's lives and the professional activities of both the public and private sectors of individual states. From a social point of view, the fate of many people has changed, many professions are unable to do their jobs due to restrictive measures, many people face a lack of their income, many people have suffered from the disease, many have succumbed. Mutations in the coronavirus mapped against the release of containment measures and thus hindered office work, school education, and the operation of all types of shops and services. A study of the impact of the Kovid pandemic on such industries as mining, food industry, textile, woodworking, chemical, pharmaceutical, metallurgy, computer manufacturing, machine building, vehicle manufacturing, energy supply, steam, gas and cold air. Almost all industries have reduced production. This was reflected in world trade. The slowdown in economic activity has created new challenges that countries have to deal with. The negative impact of the Pandemic was felt by the tourism industry, in particular in Slovakia. The coronacrisis caused the slow-down of the prices on the real estate market due to economic instability caused by the decrease of the disposable income of the households. The decline in economy caused by the pandemic forced states to prepare some safety measurements for employers and employees and self-employed persons as well. States have created various arrangements to help their economies go through. The Ministry of Employment of Slovak republic prepared the project called “The First Aid for Employees, Enterpreneurs and Self-Employed Persons” with the aim to prevent the increase of the unemployment rate in the tough times of coronacrisis. The Ministry of culture of Slovak republic has published the grant to help those self-employed persons working in the sector of the culture or the creative industry whose netto income was not higher than 540 EUR/month. KEY WORDS: CORONAVIRUS PANDEMIC, DETERRENCE MEASURES, ECONOMY, SOCIAL SPHERE, TOURISM, TRANSPORT, POPULATION, WORLD TRADE.