The conception of cyclical movements in times of pandemic crisis: socioeconomic implications of Covid-19 in Brazil

Economic cycles have a dynamic that manifests itself in the form of waves. The inflection from the economic boom phase to the recession phase is the moment of crisis. Disregarded by many, it can be said that the effects of the pandemic crisis resulting from Covid-19 have gained typical implications of a major global crisis, especially in Brazil. In this pandemic scenario, accordingto the World Health Organization (WHO), the global economy has been inserted into a serious socioeconomic crisis. The fundamental objective of this article is to discuss the conceptual conception of crisis and cyclical movements in times of the Covid-19 pandemic and the main socioeconomic implications in Brazil. To achieve this objective, the article will use exploratory and qualitative research methodology. The main conclusion is that the pandemic crisis brought to Brazil a series of economic problems, such as unemployment and high inflation, but the most serious fact was the social problems, mainly the significant increase in poverty and social inequality. . The use of "auxilio emergencial ", as a counter-cyclical policy and to support the most vulnerable social stratifications in times of a pandemic, was extremely important for having created a "mattress " of social protection. However, based on a series of official data, it can be said that the Bolsonaro government was unable to succeed in its endeavor to mitigate the socioeconomic impacts of the Covid-19 crisis in Brazil, much of it due to denialist rhetoric and a lot of disinformation (fake news) about vaccines.