COVID-19 and living standard of the population of Georgia

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Date
2021-11-10
Journal Title
Journal ISSN
Volume Title
Publisher
ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
Abstract
For the second year the humanity has been living in a pandemic, which, by its scale, has no analogues in the history. The most obvious negative consequence of the pandemic is the sharp decline in the living standards of the population. The paper deals with the dynamics of the volume of Georgia's gross domestic product (GDP) in 2019-2020 and, identifies both “visible” and “real” GDP losses as a result of the pandemic. The rise in unemployment too plays a certain role in the deterioration of living standards. The paper studies and statistically determines also the increase in the overall mortality rate of the Georgian population and the decrease in life expectancy, as a result of the pandemic.
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Keywords
COVID-19, Georgia, GDP, Unemployment, Life expectancy
Citation
Khmaladze M. COVID-19 and living standard of the population of Georgia [Електронний ресурс] / Khmaladze Merab, Giorgobiani Maia, Chitaladze Ketevan // Стратегія бізнес-організації в умовах невизначеності : зб. матеріалів міжнар. наук.-практ. конф., м. Київ, 10 листоп. 2021 р. / М-во освіти і науки України, Київ. нац. екон. ун-т ім. В. Гетьмана ; [орг. ком.: М. Сагайдак (голова) та ін.]. – Електрон. текст. дані. – Київ : КНЕУ, 2021. – C. 280–284. – Назва з титул. екрану.
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