THE CURRENT STATE AND DEVELOPMENT TRENDS OF EDUCATION SYSTEMS IN RUSSIA AND CHINA DURING THE CORONAVIRUS PANDEMIC

This article examines changes in the economic and managerial relations in education under pandemical conditions. The authors aimed to identify the key problems that arose after national governments introduced restrictive measures and there was a transition from traditional to distance learning. Also, the authors proposed recommendations for ensuring universal access to education as a prerequisite for sustainable economic growth. The methodological basis was the provisions of the public goods and human capital theories. These theories consider education as a public good and an area of human capital accumulation. The authors concluded that the economic crisis caused by the coronavirus pandemic decreased the quality of human capital and created prerequisites for introducing innovative education technologies. Furthermore, the authors established that the universal right to high-quality education with innovative technologies is a key condition for ensuring sustainable economic growth.