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The measures to overcome the crisis, caused by the new coronavirus (COVID-19), in the world and Armenia: a comparative analysis
New coronavirus (COVID-19) has disrupted the normal evolution of the world economy. Countries, including the Republic of Armenia, have taken a number of measures to overcome the crisis. Some governments have focused on non-compensable forms of financial assistance, others – on compensable forms. The goal of this research is to study the international experience of measures to contain the COVID-19 crisis, with the aim of assessing the efficacy of the fiscal package developed by the government of the RA. In particular, we analyze the volumes and objectives of the measures taken by the United States of America, some European countries (Germany, Hungary) and the Russian Federation. Based on these findings, we explore the consistency of the anticrisis policy of the government of the RA with the demands of our times and the Armenian reality.
