Two challenges of coronavirus pandemic: decline in mortality and transitioning to sustainable social and economic growth

Under consideration are the two main challenges for the socio-economic development of Russia – the reduction of catastrophically high mortality and the restoration of the safety of the people, on the one hand, and the transition from stagnation and crisis to sustainable socio-economic growth as a means of saving the people and raising their well-being. From this point of view, the 30-year path of development of the economy and social sphere of the new Russia is analyzed, highlighting the last decade of stagnation and crisis. The second part of the article substantiates the need for a transition to a new demographic and socio-economic policy aimed at transforming the economy and the social sphere, which is necessary for accelerated and high-quality economic growth, overcoming the gap between our country and the advanced countries of the world and priority increase in the living standards of the population. This requires a technological reequipment of the country's national economy with an increase in economic efficiency by 2-3 times. This can be achieved through the accelerated growth of investment in fixed and human capital while carrying out the necessary structural reforms to create favorable conditions for sustainable development along an innovative path.