Criza COVID-19: companiile de stat între incertitudine și oportunități
The COVID-19 crisis: state-owned companies between uncertainty and opportunities

Author(s): Dumitru Pintea, Vadim Gumene
Subject(s): Health and medicine and law
Published by: EXPERT-GRUP Centrul Analitic Independent
Keywords: Covid 19;
Summary/Abstract: The study "The COVID-19 crisis: state companies between uncertainty and opportunities" was carried out in the context of unexpected developments in economic activity following the spread of the SARS-CoV-2 virus, known worldwide as the COVID-19 pandemic. To limit the spread of the virus, the vast majority of states have resorted to unprecedented quarantine and social distancing measures, unimaginable until a few months ago, which are affecting the conduct of several types of economic activities. As time passes and there is still no medical solution to the virus, all the conditions for a major economic crisis appear to be present – sharp decline in GDP, bankruptcies and rising unemployment. In response, broad state intervention is seen as the key to economic recovery, even by those who in the past viewed the state as a threat to the free market. The general acceptance is that "ordinary tools are not enough to deal with these extraordinary times" and "state companies are part of the governments' effort to recover the situation both medically and economically".

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