Transformation of state function in the post-pandemic period

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Date
2021
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
In the history of mankind, one can count on one fingers the years with which mankind has associations with specific historical events: 1453 - the fall of Constantinople, 1492 - the discovery of America, 1789 - the beginning of the Great French Revolution. With high probability, 2020 will enter in the history of humanity as the year of the coronavirus pandemic, which has had an incredibly great impact on economic, on social and political processes almost all over the world, on interpersonal relations and on the psychological state and expectations of the latter. It should be said unambiguously that this epidemic can not be regarded as another force majeure. The COVID-19 pandemic revealed, on the one hand, the entire absurdity of the libertarian view of the omnipotence of the market and, in contrast, emphasized the importance of the stabilizing and organizing function of the state. It is Fact that humankind and its institutions and intellectual elite met with less readiness to the attack of Covid-19 and economic crises caused by it. This was especially clearly manifested in the medical field, where in the “brainstorming” regime it was necessary to simultaneously carry out treatment and care to prevent the spread of the virus, and the development of an appropriate therapeutic vaccine, and to minimize losses from a pandemic and to ensure social protection of the population. The situation was and remains so extraordinary to this day that figuratively speaking, states, their medical (and not only) logistics had to learn walking skills during a forced run. Coping with the pandemic and the economic crisis caused by it is possible only at the expense of the only institution that has the ability to accumulate and use purposefully all resources and determines the rules of citizens’ behavior - the State. What is currently taking place in defining the role and function of the state can be figuratively called as a reverse version of the “return of the prodigal son” or “the insight of King Lear”, which gradually regains its immanent functions previously “voluntarily” transferred to the market.
Description
• IMF World Economic Outlook, April (2020). • The Coronavirus Pandemic will forever Alter the World Order. (2020).– WSJ. • Postnikova E. (2020). The Pandemic has changed the Mentality of Tourists. Secretary General of the World Tourism Organization Zurab Pololikashvili on how the Coronavirus Will Affect the Travel Industry. Izvestia, June 29, (in Russian). • Archvadze J. (2020). coronavirusul pandemiastan dakavshirebuli globaluri cvlilebebi msoplioshi. Tb., “mtsignobari”. [Coronavirus Pandemic-Related Global Changes in the World. – Tbilisi, “Mtchignobari”]. (in Georgian). • Papava V., Charaia V. (2020). The Coronomic Crisis and Some Challenges for the Georgian Economy. - https://www.gfsis.org/files/library/opinion-papers/136-expert- opinion-eng.pdf • Mekvabishvili E. (2018). globalizaciis epoqis finansuri krizisebi da saqartvelos ekonomika. Tb., gamomcemloba “intelekti” [Financial Crises of the Globalization Era and the Georgian Economy.Tb., Publ. House “Intellect”]. (in Georgian).
Keywords
Globalization, coronavirus pandemic, functions of the state, social protection, internal stabilizers of the state
Citation
Economics and Business, №1, 2021, pp. 34-43
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