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STATISTICS OF COVID-19 IMPACT ON STUDENTS HOUSEHOLD INCOMES

Simon GELASHVILI1, Marine MINDORASHVILI2, Nino ABESADZE3

The Pandemic- not only National Problems

Publication language: English

Journal article

Transformations No. 3 (110) 2021 Publication date: 24 September 2021

Article No. 20210924174900886

Keywords: income, standard, growth, household, analysis

Abstract Since the beginning of 2020, the COVID-19 pandemic has spread to a greater or lesser extent to almost all countries and has had a significant negative impact on all areas of public life, especially on the economy and social life. As a result, the demographic, economic, health care and social protection situations have worsened. For our country, all is accompanied by a relatively small and weak economy of Georgia and very limited financial resources. Also for the first time in world history, the main reason for the current local, regional or global economic crisis is not directly in the economy or its management, but the impact of another, very strong exogenous factor - the COVID-19 pandemic. This influence is multifaceted and requires complex quantitative and qulitative research. Therefore, statistical study of the coronavirus impact on the standard of living of households that have at least one student in the family seems to be of great interest. Research Methods. Methods of statistical observation and grouping were used in the research process. The data obtained were simultaneously uploaded and analyzed in a unified database through programs - "MS excel" and "SPSS 20". Results. Since 2004, nominal cash income and transfers per household in Georgia have been increasing. Revenues from hired labor were the most important among cash flows and remittances. In dynamics, the volume of income from self-employment, Money received as gift, property disposal, borrowing and dissaving was declining. The majority of the surveyed student’s parents think that their household incomes have decreased during the pandemic. Prior to the pandemic, a large proportion of students (56%) were employed, which was a significant source of supplementation for their income; During the pandemic, job losses reduced student incomes, and borrowing or using savings became an important source of funding. During the pandemic, 28.1% of households received one-time government assistance. According to the student’s parents, share of remittances from abroad and property disposals did not change.

  1. Iv. Javakhishvili Tbilisi State University

    E-mail: simon.gelashvili@tsu.ge

  2. Iv. Javakhishvili Tbilisi State University

    E-mail: maia.mindorashvili@tsu.ge

  3. Iv. Javakhishvili Tbilisi State University

    E-mail: nino.abesadze@tsu.ge