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The article describes economic and social problems of different countries resulting from the spread of the COVID-19 pandemic. The paper defines general and specific characteristics of economic difficulties in developed and developing countries. The authors carry out a preliminary analysis of the economic and social consequences of the coronavirus pandemic for the global economy as a whole. The study presents a comparative description of approaches to the formation of state financial support for businesses and households in developed countries of the European Union, China and Russia. The article identifies two main models of state support – push/pull, shows their differences in the amount of funds, the breadth of coverage of final recipients, the availability of benefits, and the degree of bureaucratization of procedures. The paper reveals the rules and procedures for providing state events to support businesses and entrepreneurs on the Russian market, and also uncovers shortcomings that significantly affected the economic situation of agents. The authors describe the consequences of lockdown for the economies of various countries. The study conducts a screen analysis of health systems and their mobilization response to the spread of coronavirus infection. The paper draws conclusions about the advantages of proactive social support for the population and business, the need to increase its targeting and the spread of effective practices in the future.

The purpose of the article is to identify the risks of geo-economic fragmentation and deglobalization of integration during the period of the sanctions economy, their manifestation at the level of national economic entities, determination of overcoming factors. The subject of the study is the processes of adaptation of Russian business to the conditions of the global crisis of the pandemic period and anti-Russian sanctions, measures of state regulation of import substitution measures and reduction of supply chain gaps and partnerships. The main risks of globalization and integration of a socio-cultural nature are identified: distrust of government institutions, cross-cultural and ethno-humanitarian gaps, economic pessimism. One of the factors of containment of deglobalization gaps has been identified, which consists in the “weak ties” of existing partnerships, their relational capital. Examples of sustainable partnerships in business, science and education led to the conclusion that it is necessary to shift the emphasis in the training of managerial personnel to meritocratic principles of corporate theory, taking into account the interests of all stakeholders of companies and public sector organizations.

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