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Opportunities and Limitations of Socio-economic Adaptation in the Coronavirus Crisis
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Opportunities and Limitations of Socio-economic Adaptation in the Coronavirus Crisis
Annotation
PII
S086904990016455-2-
DOI
10.31857/S086904990016455-2
Publication type
Article
Status
Published
Authors
Vladimir Titov 
Affiliation: Russian Academy of Public Administration under the President of the Russian Federation
Address: Russian Federation, Moscow
Edition
Issue 4
Pages
33-48
Abstract

The article reviews the methodological assumptions and results of in-depth interviews held in May 2020. The aim of the article is to identify various aspects of the population’s socio-economic adaptation in the context of the coronavirus pandemic crisis. The author uses the tradition of phenomenological sociology, hermeneutics and narrative analysis as the methodology for the analysis of in-depth interviews contents. The content analysis of the interviews allows to identify certain similarities and differences between two groups of respondents, distinguished by the status of employment (employees and entrepreneurs) in terms of assessment of the crisis’ impact on enterprises and various businesses, specific of the socio-economic behavior, resources, and adaptation practices. A feature of socio-economic behavior common for both categories is the wait-and-see approach to find out possible prospects of the economy and the labour market. However, respondents in the status of employee are generally characterized by a more confident assessment of prospects of job preservation and income level. Active forms of adaptive behavior are particularly noticed among respondents employed in the area of information and communication technologies. Entrepreneurs tend to combine, on the one hand, a negative assessment of the impact the crisis has on their business, and on the other, the desire to look for new market opportunities, realistically assessing the threats and risks, and to rely on themselves. In the context of the ongoing crisis, the specificity of the population’s socio-economic adaptation is associated not only with the status of employment, but also with the industry specifics, an accumulated portfolio of orders, stability of the client base, and social capital.

Keywords
in-depth interviews, socio-economic adaptation, crisis, economic behavior
Received
23.09.2021
Date of publication
24.09.2021
Number of purchasers
14
Views
1922
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0.0 (0 votes)
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