კონფერენცია

∘ Nata Davlasheridze ∘
FEATURES OF MODERN CORONACRISIS AND THE WAY OUT OF IT: PRACTICE AND ECONOMIC THEORY

Summary

The paper examines the features of modern coronacrisis in comparison with the crises of previous decades. The need and importance of examining crises as an integral part of economic dynamics is noted. It is stressed that economic dynamics are one of the most popular directions in the study of Nobel laureates in the field of economics (John Forbes Nash, James Alexander Mirrlees, Robert John Aumann, Edmund S. Phelps, Robert Alexander Mundell, Christopher Antoniou Pissarides, Joseph E. Stiglitz, Eric S. Maskin, Myron Samuel Scholes and others). It is stated that the economic and social consequences of modern coronacrisis will be extremely asymmetric and will lead to a new jump in inequality unprecedented in amplitude and speed. The presentation of China 's national project, "New Infrastructure," is noteworthy as one example of the way out of the crisis. The practical experience already gained by other countries, including China, will be the best example for Georgia in developing an integrated system of saving its economy, using a set of common global trends and ideas.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Nata Davlasheridze ∘ FEATURES OF MODERN CORONACRISIS AND THE WAY OUT OF IT: PRACTICE AND ECONOMIC THEORY Summary The paper examines the features of modern coronacrisis in comparison with the crises of previous decades. The need and importance of examining crises as an integral part of economic dynamics is noted. It is stressed that economic dynamics are one of the most popular directions in the study of Nobel laureates in the field of economics (John Forbes Nash, James Alexander Mirrlees, Robert John Aumann, Edmund S. Phelps, Robert Alexander Mundell, Christopher Antoniou Pissarides, Joseph E. Stiglitz, Eric S. Maskin, Myron Samuel Scholes and others). It is stated that the economic and social consequences of modern coronacrisis will be extremely asymmetric and will lead to a new jump in inequality unprecedented in amplitude and speed. The presentation of China 's national project, "New Infrastructure," is noteworthy as one example of the way out of the crisis. The practical experience already gained by other countries, including China, will be the best example for Georgia in developing an integrated system of saving its economy, using a set of common global trends and ideas.