Scientific and practical journal
УКР   ENG
Regional Economy
   



Journal Regional Economy -- re2022.01.078

Repository of Institute of Regional Research UDC 339.13:330.123.4; JEL L10, L11, L51, L81
Voytenko, O. A., & Popadynets, N. M. (2022). Zarubizhnyy dosvid rehulyuvannya spozhyvchykh rynkiv v umovakh sotsial'no-ekonomichnoyi kryzy, sprychynenoyi pandemiyeyu COVID-19 [Foreign experience in consumer market management in conditions of socio-economic crises caused by the Covid-19 pandemic]. Rehional'na ekonomika - Regional Economy, 103 (1), 78-86. DOI: https://doi.org/10.36818/1562-0905-2022-1-8. [in Ukrainian].
Sources: 25

Authors



Voytenko Olha Arturivna

Postgraduate, Leading Engineer of the Department of regional economic policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: voytenko1209@gmail.com

Webpages:



Popadynets Nazariy Mykolayovych

Doctor of Economics, Senior Researcher

Senior Researcher of the Department of regional economic policy of the Dolishniy Institute of Regional Research of NAS of Ukraine; Associate Professor, Deputy Director for Scientific and Pedagogical Work of the Department of economics and marketing of the Educational and scientific institute of entrepreneurship and advanced technologies of the Lviv Polytechnic National University

Contacts: popadynets.n@gmail.com, (032)270-7089, (096)945-9098

Webpages:

Resume

The Covid-19 pandemic has caused not only the global crisis but also substantial shifts in the structure and ways of goods consumption and consumer behavior. To save the lives of citizens and reduce the burden on the medical system, the countries individually imposed quarantine restrictions, closed the borders for the movement in and out, or banned the export of some commodity groups. The research aims to analyze the foreign experience in using the methods of public management of the consumer market in conditions of the crisis caused by the Covid-19 pandemic. The article offers the analysis of measures the countries have introduced to battle the consequences of the Covid-19 pandemic to detect anti-crisis methods of consumer market management. Current scientific and practical studies on the minimization of the pandemic’s impact on the population are processed. Since there are numerous methods of public management of consumer markets, the main of them are detected and characterized: administrative, legal, direct, and indirect. The research of foreign practices in the activity in the consumption domain and their impact on the reduction of negative consequences of the Covid-19 pandemic has helped to determine one of the major components of anti-crisis management of consumer markets, namely the balanced system of consumer rights protection. The article argues that timely adoption of a range of anti-crisis regulations intended to minimize the threats of the pandemic allows consumers to sense the assistance from the state resulting in financial compensation for the residents that have been most affected and have lost their jobs. It is worth mentioning that timely developed procedures and standards of goods production and realization, as well as services provision, by the experts in consumer rights protection have allowed avoiding more substantial economic losses and protecting economically and socially vulnerable categories of the population. The article proves that due to reforms, the EU secures the functioning of “green lines” – the supply corridors for the support of goods supply chains, and assists food producers, acknowledging their outstanding role in the society, etc.

Keywords:

public management, socio-economic crisis, consumer market, consumer services, Covid-19 pandemic

References

    
  1. Semak, B. M. (2020). Problemy derzhavnoho rehulyuvannya rozvytku vnutrishn'oho rynku spozhyvchykh tovariv u kryzovykh umovakh [Problems of state regulation of the development of the domestic market of consumer goods in crisis conditions]. Prychornomors'ki ekonomichni studiyi – Black Sea Economic Studies, 5, 52-59. DOI: https://doi.org/10.32843/bses.54-8 [in Ukrainian].
  2. Isakhanova, N., & Pylypenko, A. (2020, Aug 26). Obmezhennya mizhnarodnoyi torhivli na foni COVID-19: svitovi tendentsiy [Restrictions on international trade against the background of COVID-19: global trends]. Legal newspaper: Website. URL: https://yur-gazeta.com/publications/practice/zovnishnoekonomichna-diyalnist/obmezhennya-mizhnarodnoyi-torgivli-na-foni-covid19-svitovi-tendenciyi.html [in Ukrainian].
  3. Berezhnyy, Ya. V. (2020). Spozhyvchyy rynok i karantyn «COVID-19» v Ukrayini [Consumer market and quarantine «COVID-19» in Ukraine]. Efektyvna ekonomika – Efficient economy, 9. DOI: https://doi.org/10.32702/2307-2105-2020.9.64
  4. Khanina, O. I. (2021). Naslidky pandemiyi COVID-19 ta zakhody derzhavnoho antykryzovoho rehulyuvannya [Consequences of the COVID-19 pandemic and measures of state anti-crisis regulation]. Investytsiyi: praktyka ta dosvid – Investments: practice and experience, 22, 126-132. DOI: https://doi.org/10.32702/2306-6814.2021.22.126 [in Ukrainian].
  5. Vanzura, G. K., & Farless, H. A. (2020). Pricing Compliance in the United States during the COVID-19. Mayer Brown: Website. Retrieved from https://www.mayerbrown.com/en/perspectives-events/publications/2020/04/pricing-compliance-in-the-united-states-during-the-covid19-pandemic
  6. Ramirez, E., Loughlin, Ch., Rissmiller, M., Cisnal De Ugart, S., Hamilton, J. (2020). U. S. and European authorities actively pursue COVID-19 price gouging violations. Hogan Lovells: Website. Retrieved from https://www.hoganlovells.com/~/media/hogan-lovells/pdf/2020-pdfs/2020_04_20_acer_alert_us_and_european_authorities_actively_pursue_covid19.pdf
  7. Rydzewski, M. (2020). Price Gouging During a Pandemic. The Federal Government’s Response. Documents to the People, 48(4). Retrieved from https://journals.ala.org/index.php/dttp/article/view/7480/10323
  8. Protecting People and Economies: Integrated Policy Responses to COVID-19 (2020). Open Knowledge Repository: Website. Retrieved from https://openknowledge.worldbank.org/handle/10986/33770
  9. 50 U. S. Code §4512 – Hoarding of designated scarce materials (2019). LII: Website. Retrieved from https://www.law.cornell.edu/uscode/text/50/4512
  10. Effects of COVID-19 Pandemic and Response on the Consumer Price Index (2019). U. S. Bureau of labor statistics: Website. Retrieved from https://www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm
  11. UOKiK, UOKiK’s proceedings on wholesalers’ unfair conduct towards hospitals (2020, Mar 04). Office of Competition and Consumer Protection: Website. Retrieved from https://www.uokik.gov.pl/news.php?news_id=16277
  12. Spencer, T. (2021, Mar 03). Prices in a time of corona: the law and economics of price-gouging. Epicenter: Website. Retrieved from http://www.epicenternetwork.eu/research/briefings/prices-in-a-time-of-corona-the-law-and-economics-of-price-gouging
  13. Roberts, G., & Chakraborti, R. (2021, Mar 04). How Price-Gouging Regulation Undermined COVID-19 Mitigation: Evidence of Unintended Consequences. The Center for Growth and Opportunity: Website. Retrieved from https://www.thecgo.org/research/how-price-gouging-regulation-undermined-covid-19-mitigation-evidence-of-unintended-consequences/#1-introduction
  14. Recovery plan for Europe (2020). European Commission: Website. Retrieved from https://ec.europa.eu/info/strategy/recovery-plan-europe_en
  15. Infographic – COVID-19: EU support to agriculture and fisheries (2020). European Council: Website. Retrieved from https://www.consilium.europa.eu/en/infographics/covid-19-agrifish
  16. Canada’s COVID-19 Economic Response Plan (2022). Government of Canada: Website. Retrieved from https://www.canada.ca/en/department-finance/economic-response-plan.html#avoiding_layoffs
  17. H. R.1319 – American Rescue Plan Act of 2021 (2021). Congress.gov: Website. Retrieved from https://www.congress.gov/bill/117th-congress/house-bill/1319/text
  18. Stimulus Package: Website (2020). Retrieved from https://www.stimuluspackage.com.au
  19. Bahrain Coronavirus Updates (2020). EDB Bahrain: Website. Retrieved from https://www.bahrainedb.com/key-updates-on-covid-19
  20. Pakistan: Tax and economic relief (COVID-19) (2020). KPMG: Website. Retrieved from https://home.kpmg/us/en/home/insights/2020/04/tnf-pakistan-tax-economic-relief.html
  21. Protecting online consumers during the COVID-19 crisis (2020). ОECD: Website. Retrieved from https://read.oecd-ilibrary.org/view/?ref=130_130819-ay45n5rn74&title=Protecting-online-consumers-during-the-COVID-19-crisis
  22. COVID-19 Response: freely available ISO standards (2020). ISO: Website. Retrieved from https://www.iso.org/covid19
  23. Cuts’ initiatives and support to vulnerable community dealing with COVID-19 (2020). CUTS: Website. Retrieved from https://cuts-chd.org/pdf/cuts-initiatives-and-support-to-vulnerable-community-dealing-with-covid-19.pdf
  24. Consumer Protection and Consumer Advocacy During the Pandemic (2020). Consumers International: Website. Retrieved from https://www.consumersinternational.org/what-we-do/covid-19
  25. Coke Hamilton, P., & Moreira, T. (2020, Apr 07). Consumers vs COVID-19. UNCTAD: Website. Retrieved from https://unctad.org/news/consumers-vs-covid-19


Web Master P. Popadiuk