Aggregation of Public Choice: Partnership of the State and Business in Structuring Post-Coronavirus Reality

Author:

Vaslavskiy Ya. I.1

Affiliation:

1. Moscow State Institute of International Relations (MGIMO University)

Abstract

The COVID-19 pandemic has seriously damaged national socio-economic systems, causing the deepest economic recession since the Great Depression. Social reality has been divided into the period before and after COVID-19. Neither nation-states, nor national health systems, nor economic-centrist national communities, nor national models of public choice aggregation have managed stand the test of the coronavirus pandemic. Post-coronavirus reality will begin to form after the completion of the COVID-19 pandemic and will be based on completely different principles of functioning. That is why even today theorists and practitioners are thinking about the future of the post-crisis world, the hallmark of which is absolute uncertainty. The methodological approaches developed by the new political economy make it possible to rethink the phenomenon of partnership between the state and private business as a mechanism to assess the effectiveness of alternative options for the institutional structure of the new reality, the functions of the state in society with universal values in its basis, in models of aggregation of public choice, etc., taking into account the realities of the post-coronavirus world.

Publisher

Plekhanov Russian University of Economics (PRUE)

Reference32 articles.

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