Ensuring the Activity of Enterprises in Ukraine in the Light of Quarantine Restrictions: Economic and Legal Analysis


Authors: Raisa Kvasnytska, Oksana Melnuk, Oleksandr Troianskyi, Viktoriia Hmyria, and and Nataliia Maksymenko
Page Range: 67-81
Published in: International Journal of Energy, Environment, and Economics, Volume 30 Issue 1
ISSN: 1054-853X

Table of Contents


The research examines the impact of quarantine restrictions on the operational and financial activities of Ukraine and compares it with the economic indicators of GDP of other leading countries. This article aims to conduct an economic and legal analysis of ways taken by governments around the world, including Ukraine, to ensure and support businesses during the financial crisis caused by the Covid-19 pandemic. Statistical indicators showed a decline in the economic development of the leading countries of the world and Ukraine due to the consequences of quarantine restrictions, which negatively affected entrepreneurial activity and increased world unemployment. The authors of this article provide the comparative characteristic of the state programs for supporting business in the leading countries of the world and Ukraine. An analysis of macro-economic indicators of the economic and social development of Ukraine highlights differences in their calculations. It indicates the negative trends associated with the decline in the consumer price index and industrial production compared to the average wage index in Ukraine in recent years of quarantine shock. The authors’ vision of ways to overcome the economic crisis of entrepreneurship is offered.

Keywords: budget deficit, economic crisis, entrepreneurial activity, state business support programs, unemployment rate

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