Adaptation of the sphere of services of Ukraine to new conditions for the functioning of the world economy

Abstract

Introduction. The influence of the COVID-19 pandemic on the global economy is difficult to assess fully, but the changes that are taking place in various industries and business areas can not be ignored. One of the most affected sectors of the economy is the service sector. The decline trend in this area is traced from the beginning of quarantine restrictions mainly in all countries of the world. Ukraine is not an exception. Obviously, the service sector needs to be adapted to a distance form of work, but, of course, each scope of economic activity has undergone irreversible changes. Therefore, the object of research is the scope of services of Ukraine, and the subject – trends, problems and prospects for transforming the sphere of services of Ukraine as a result of the influence of the COVID-19 pandemic.

Purpose. The purpose of the article is to find new creative and innovative solutions for the transition of services in distance working in order to minimize losses during and after quarantine restrictions.

Method (methodology). To study this topic, both theoretical and practical research methods were used. In particular, in the first stage, the method has been used to collect information on periodicals and other reliable sources. In the second stage – analysis, synthesis and content analysis, it helps to interpret the content of information through quantitative indicators. Further is the formation of a personal position and recommendations based on analyzed data.

Results. The key results of this study are the outlining of potential threats with creative decisions to them, based on the experience of leading countries and analyzed information. The recommendations for companies and the Government to facilitate the release of the scope of services from the crisis situation were suggested.