Transition to a new technological and industrial structure of the world economy and digital business transformation is not possible without cataclysms, I told FBA “economy today” Professor, Department of Financial Management. gv. Plekhanov Konstantin Ordov.
Chinese government reports, that the country is again threatened by an epidemic of coronavirus infection - a second wave is expected, which can overwhelm the country. An outbreak is seen in Beijing - events resemble the situation in Wuhan in January 2020 of the year. Chinese media with reference to airport data specify, that at the moment there are two international airports in the Chinese capital “The show” and “Dasin” noted 1255 flights. Besides, in the two largest air harbors was canceled 615 arrivals, i.e 67,14%, and 640 departures, namely 68,38%.
About thirty districts of the capital of China declared risk zones of "medium degree". And Huaxiang District, which is located with the very large wholesale market of Xinfadi, considered the source of the new COVID-19 flash, called a “high degree” risk zone. Three second degree emergency regime imposed in Beijing. Residents forbidden to leave the city, but with the exception of those, who passed the coronavirus test and got a negative result.
Also, cases recorded in Tokyo. All this can talk about a new stage of the epidemic., which runs the risk of sweeping China, if the authorities do not take action. Against the backdrop of these events, the threat hangs over other countries, where the probability of a second wave of the spread of coronavirus infection was discussed more than once.
Konstantin Ordov, arguing about the threat of a second pandemic in the world, He noted, that after negative oil prices, it’s difficult to scare countries.
"Certainly, the re-spread of coronavirus infection will negatively affect primarily the global economy. Today we see additional and unsecured emissions, as well as the negative situation in the stock markets. Companies are now worth the maximum money, but everyone understands, what impact did the past wave of the coronavirus pandemic have on their cash flows and profits and how it will affect the future. We will find out the exact results in the reporting period..
The risk of the second wave hypothetically should tell us about the need to reduce such a high cost of assets. but, despite this warning, financial bubbles continue to swell, creating unnecessary risks. But it’s important to understand, that it’s precisely on the second wave that some countries will be able to write off decisive measures to blow off financial bubbles ”, – says expert.
Konstantin Ordov justifies this opinion, that the first wave did not show an increase in the number of cases to critical values. Against this background, in the expert community there was an opinion that, that the governments of some countries were quite profitable to use the information hysteria around the spread of coronavirus infection in the world as a justification for the need to transform the world economy, a, so, and the inevitable decline in income and living standards of the population of many states.
Complete transformation: what will happen to the business
Today, adds Konstantin Ordov in the world and in the Russian Federation in particular there is a slight decrease in living standards, which indicates a certain imbalance between the accumulated differences in the performance of economies, real sector and the likely provision of an elevated standard of living.
“Therefore, the second crisis wave can overwhelm the world not only against the backdrop of a new spread of coronavirus infection, but also due to the need to bring financial markets into line with reality, world trade and economy ”, – emphasized professor of the department of financial management. gv. Plekhanov.
It is important to understand, that the transition to a new technological and industrial structure of the world economy and digital transformation of business is not possible without cataclysms without such cataclysms ”, – expert says.
Besides, Konstantin Ordov notes, that changes are already noticeable in the Russian Federation. So many companies and various sectors of the economy have practically adapted to the online mode.
“This is most clearly seen in the work of organizations, carrying out trading operations. Against the background of the results of their work, we can say that, that some companies are starting to feel more sustainable, than at the beginning of the epidemic in Russia as part of quarantine measures, aimed at preventing the spread of coronavirus infection.
Therefore, the second wave of the pandemic will not be able to have a tremendously damaging effect on these companies. Only a sharp drop in real incomes of the population can be painful and insurmountable for them.. In other words, if the population loses money to cover their daily expenses, then the business sector will face serious challenges ”, – explains the Hordes.
Many entrepreneurs, adds expert, thought about the need to continue business, therefore, the second flash will answer questions about, what business will be in demand, how to organize it and how to conduct it in the new realities.
"I think, that a pandemic will lead to a renaissance in the business sector - new directions will arise, enterprises will focus on digital development. it, as well as direct government support, allow business to maintain stability ”, – expert said.
Russia is ready for a new pandemic outbreak
note, that some infectious disease specialists, telling the media about the prospects for the development of the situation with coronavirus in Russia, suggest, that our country will face the second wave in July or August 2020 of the year. Professor, Department of Financial Management. gv. Plekhanov, assessing possible risks, He stressed, what is from March 2020 years to the present, the National Welfare Fund of the Russian Federation has shown growth - now its condition is estimated at 12 161,48 billion rubles.
“This indicates, that Russia has reserves, that will help her resist the threat of the re-spread of coronavirus. Furthermore, our country has not yet begun to spend accumulations in large volumes, thereby providing an airbag.
That is, the Russian Federation will be ready to meet a new outbreak of plans already formulated by the government to support the business environment and the population. These measures will have a multiplicative effect to maintain the stability of the Russian economy ”, – He stated the expert.
Alexander Melnik
