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, according to 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 “auxílio 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.
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