Political Will and the Impact Assessment of the New Crown Epidemic on Economic and Social Development and Countermeasures

Abstract

Purpose. This paper aimed to study how to analyze and study economic and social development under the new crown epidemic based on the neural network and described the BP neural network. Methodology. Economic forecasts are affected by multiple influencing factors, the relationships between these factors are complex, and it is a nonlinear system with a high degree of uncertainty. The use of traditional forecasting methods has many limitations, and neural network methods can overcome these limitations and achieve good nonlinear forecasting. Research Findings. Through the analysis and statistics of the impact of the SARS epidemic and the new crown epidemic on the economy, by 2021, the economic contribution of final consumption expenditure, total capital formation, and net exports will be 65.4%, 13.7%, and 20.9%, respectively, and the impact of the current new crown virus epidemic on the economy will be greater than that of the SARS epidemic in 2003. Research Implications. The model applied to economic forecasting based on the BP network can achieve good forecasting effect, and scientific and reasonable forecasting methods depend on the in-depth understanding of economic activities and dominance of familiarity with economic theory. Practical Implications. Through the analysis of the economy in the context of political will and the new crown epidemic, it will give more reference to more and more complex emergencies in the future.