COVID-19 Pandemic Impact on New Economy Development and Societal Change

COVID-19 Pandemic Impact on New Economy Development and Societal Change PDF Author: Popescu, Cristina Raluca Gh.
Publisher: IGI Global
ISBN: 1668433761
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
Globalization and technological advances have the immense power to create a new economy, address sustainability concerns, and facilitate societal changes. In addition, the COVID-19 pandemic has led to notable modifications in the world economy and society that require adjustments to business models, as well as our way of life. It is critical to understand these new models in our changing society for businesses to not only survive, but to thrive. COVID-19 Pandemic Impact on New Economy Development and Societal Change provides an updated view of the newest trends, novel practices, and latest tendencies concerning the manner of shaping the new economy and accelerating societal change, demonstrating the crucial importance of rethinking the world’s models, priorities, and strategies while seeking a more responsible path for humanity. Covering topics such as tourism and salesmanship skills, this publication is ideal for academicians, researchers, scientists, scholars, practitioners, industry professionals, consultants, instructors, and students.

COVID-19 Pandemic Impact on New Economy Development and Societal Change

COVID-19 Pandemic Impact on New Economy Development and Societal Change PDF Author: Popescu, Cristina Raluca Gh.
Publisher: IGI Global
ISBN: 1668433761
Category : Business & Economics
Languages : en
Pages : 425

Get Book

Book Description
Globalization and technological advances have the immense power to create a new economy, address sustainability concerns, and facilitate societal changes. In addition, the COVID-19 pandemic has led to notable modifications in the world economy and society that require adjustments to business models, as well as our way of life. It is critical to understand these new models in our changing society for businesses to not only survive, but to thrive. COVID-19 Pandemic Impact on New Economy Development and Societal Change provides an updated view of the newest trends, novel practices, and latest tendencies concerning the manner of shaping the new economy and accelerating societal change, demonstrating the crucial importance of rethinking the world’s models, priorities, and strategies while seeking a more responsible path for humanity. Covering topics such as tourism and salesmanship skills, this publication is ideal for academicians, researchers, scientists, scholars, practitioners, industry professionals, consultants, instructors, and students.

A New Social Street Economy

A New Social Street Economy PDF Author: Simon Grima
Publisher: Emerald Group Publishing
ISBN: 1801171238
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
A New Social Street Economy: An Effect of The COVID-19 Pandemic explores the impact of the Corona crisis on the capitalist world and how it contributes to the four main dimensions of social economy; which are supply of needs, social benefit production, fair distribution and sustainability.

THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY

THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY PDF Author: Pooyan Ghamari
Publisher: Pooyan Ghamari
ISBN:
Category : Health & Fitness
Languages : en
Pages : 55

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Book Description
The Impact of Covid-19 Pandemic on the Global Economy" by Pooyan Ghamari is an e-book that covers various aspects of the economic impact of the pandemic. The book consists of 15 chapters, including an introduction and a conclusion. Chapter 2 discusses the effects of the Covid-19 pandemic on developing countries, including the challenges they face in responding to the pandemic and the potential long-term economic consequences. Chapter 3 focuses on the role of international organizations, such as the World Health Organization and the International Monetary Fund, in responding to the pandemic and mitigating its economic impact. Chapters 4 to 9 examine the economic impact of the pandemic on specific countries and industries, including Brazil, India, the tourism industry, global trade, healthcare systems, and the labor market. Chapter 10 discusses how technology has played a role in mitigating the pandemic's impact on economies and countries worldwide. Chapter 11 analyzes the effectiveness of public health policies implemented to mitigate the spread of Covid-19 and their impact on the economy. Chapter 12 looks at the effect of the pandemic on small businesses and the support they require to recover. Chapter 13 compares the response of different governments worldwide to the pandemic and their effectiveness. Chapter 14 discusses the effect of the pandemic on mental health and its potential long-term consequences. Chapter 15 concludes the e-book by summarizing the key findings and providing recommendations for future research. It also explores potential investment opportunities arising from the pandemic, such as in healthcare or technology. Overall, "The Impact of Covid-19 Pandemic on the Global Economy" provides a comprehensive overview of the pandemic's economic impact, covering a wide range of topics and countries. It also provides insights into the lessons learned from the pandemic and how to prepare for similar global crises in the future.

Challenges in Economic Policy, Business and Management in the COVID-19 Era

Challenges in Economic Policy, Business and Management in the COVID-19 Era PDF Author: Anna Ujwary-Gil
Publisher: INE PAN
ISBN: 8361597808
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
The COVID-19 pandemic has made it necessary to redefine the most significant challenges faced by individual economies and society today. It contributed to the change of contemporary social, technological and economic trends, the effects of which will indeed be the subject of many scientific studies in the coming years. As the pandemic progresses, it promotes reflection and summaries of the consequences of behaviors or omissions in each country. One of them is a synthetic presentation of ten lessons from the pandemic (Gorynia, 2021), which the professor accurately diagnoses in the economic context: 1) the pandemic as a non-economic (sanitary-medical) shock that caused the economic, social and political crisis; 2) the pandemic as a "black swan", an unpredictable threat of high species gravity, but requiring anticipation to minimize its harmful effects in the future; 3) determining the causes of the appearance of the virus determines different preventive actions for future threats; 4) resilience as the foundation of long-term economic efficiency; 5) the set of measures to counteract the harmful effects of a pandemic should not be unified but adapted to the specificity of the facilities it is to affect; 6) the world economy as a system of vessels connected with its positive and negative consequences; 7) the pandemic highlighted the role of coordination of international cooperation; the shortcomings of globalization must be overcome by fairly sharing the positive fruits of international cooperation and resilience aimed at diversifying supplies; 8) economic policy pursued by individual states with a view to preventing the effects of the economic crisis caused by a pandemic cannot be voluntary; 9) the pandemic has sharpened the perception of the shortcomings of contemporary economic, social and political systems and prompts the questioning of certain pillars of the market economy (e.g., homo oeconomicus, individual and global rationality, private and state property, canons of monetary, fiscal, budgetary or industrial policy); 10) the pandemic increases the pressure on systemic and holistic thinking taking into account green economic development, saving energy, water and other resources, using renewable energy sources, avoiding wastage of resources, paying attention to social inequalities in the world, regions and countries, solving poverty problems, and social exclusion. This monograph is partially a response to the in-depth issues covered in these lessons. The authors of individual chapters challenge contemporary topics relating to ​​the COVID-19 pandemic, industry and inter-organizational cooperation, pro-environmental, resilient, and innovative organizations. The monograph consists of three parts. The first part (PART 1) covers an overview of very recent research, considering the impact of COVID-19 on the economy, industries, and business. The article by Anna Ujwara-Gil and Bianka Godlewska-Dzioboń deals with, among others, the issues relating to pandemic impacts on the slowdown in the functioning of the construction, electric automotive, and water industries. Also, it affects the tourist industry, where countries are starting to pay attention to the resource-saving green economy and problems of professional exclusion in the pandemic era. In another article, Maria Czech refers to the influence of public debt on the volatility of spreads during the COVID-19 pandemic. This research is part of the study on the use of sovereign credit default swap spreads to assess a country's credit risk, which may be distorted in a pandemic period. It is undisputed that the COVID-19 pandemic has a global dimension. The crisis resulting from disorders such as in value chains has caused industry to slow down. The Czech luxury fashion industry is no exception. As Radka MacGregor Pelikánová points out, COVID-19 has turned out to be a threat to its development.. Leading Czech luxury fashion companies withdrew to a passive role and felt the negative consequences of the pandemic. As the Author points out, few have engaged in corporate social responsibility and showed ingenuity, which increases their chances of survival in the future. In other studies, Tereza Horáková and Kateřina Maršíková identified factors influencing the environment of effective knowledge exchange in SMEs, which in the era of hybrid work during COVID-19, is particularly important. The second part of the monograph (PART 2) includes two studies on the photovoltaic cell industry in China from the perspective of comparative and intra-industry advantage. As a significant player in the global trade scene and various value chains, China is a fascinating subject of research undertaken by Paweł Brusilo and Bogusława Drelich-Skulska. The results of the first article demonstrate the success of the Chinese industry in terms of growth potential, competitiveness, and development opportunities thanks to effective state support and favorable market forces. As the authors point out, the Chinese solar cell industry has not been studied so far in the context of comparative advantage and the new structural economy. The results show the way for other countries to consider or develop innovative industries, such as renewable energy and solar energy. In the second article, Paweł Brusilo examines the topic of the Belt and Road Initiative in the context of the Chinese photovoltaic cell industry, energy transition policy, identification of modern intra-industry trade patterns and opportunities for this industry, which is characterized by significant state interventionism. The considerations in this article may inspire EU countries to deepen economic and trade cooperation in the export and import of solar cells with China. On the other hand, Joanna Kurowska-Pysz has undertaken the analysis of the cooperation conditions within the innovative processes of representatives of science, business, the legislative, and economic environment cooperating on the capital market. The Author focused on the motivators, barriers, but also the search for an effective form of development of intersectoral cooperation enabling the exchange of knowledge and experience, learning, including the flow of personnel between sectors, joint organization of conferences, seminars, training, and implementation of research projects constituting the basis of innovative processes, or the diagnosis of network relationships. The model proposed by the Author will surely inspire other researchers. The third part of the monograph (PART 3) includes articles referring, inter alia, to the pro-environmental organizational culture of enterprises. Katarzyna Piwowar-Sulej, as an advocate of this valuable orientation today, has shown that organizations are interested in developing pro-ecological behavior and are aware of their impact on the natural environment. The article is in line with the global trend focused on the sustainable, ecological, and green economy enterprises operating in this trend, not only because of COVID-19. Taking action to develop a pro-ecological organizational culture, taking care of the natural environment is not only a moral and ethical requirement but also an obligation for the future generation. This part also includes an article by Piotr Tomszys and Bartosz Grucza, who present an inspiring model of organizational resilience and an attempt to operationalize it. The organizational resilience model proposed by the Authors is in line with the growing interest in the analyzes and measurement of the enterprises' resilience. The conceptualization and measurement of economic resilience can inspire other researchers to further research in this area. The COVID-19 pandemic, as an unpredictable and destructive shock, might be a unique opportunity to verify the developed model, as the authors point out. The last article deals with the issue of innovative management and its measurement based on a proprietary tool developed by Magdalena Gorzelany-Dziadkowiec. The considerations undertaken by the Author are a reliable starting point for further research concerning the impact of COVID-19 on the organization's functioning, the development of innovative management, changes in work processes, and interpersonal relations in the era of increasingly dominant digital technology and skills to use it. The editors profoundly thank all the Authors for their valuable contribution to this monograph and cooperation in its co-creation. We address our grateful thanks to all the Reviewers for their insightful evaluation and high standards of their work. These special thanks go to (in alphabetical order) Barbara Błaszczyk Institute of Economics, Polish Academy of Sciences; Justyna Bugaj, Jagiellonian University; Anna Fornalczyk, COMPER Fornalczyk and Wspólnicy; Marta Gancarczyk, Jagiellonian University; Anna Maria Lis, Gdańsk University of Technology; Andrzej Lis, Nicolaus Copernicus University; Mieczysław Morawski, Warsaw University of Technology; Paweł Pisany, Institute of Economics, Polish Academy of Sciences; Natalia R. Potoczek, Institute of Economics, Polish Academy of Sciences. We also thank Paweł Japoł for his thorough proofreading of this monograph.

COVID-19 and Society

COVID-19 and Society PDF Author: Mustafa Polat
Publisher: Springer Nature
ISBN: 3031131428
Category : Political Science
Languages : en
Pages : 323

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Book Description
This timely book presents a collection of expert insights into the impacts of COVID-19 in a broader socio-economic context. In each chapter, the authors identify the current impact of COVID-19 by demonstrating transformative signals and project these signals to the future by considering their alternative futures and implications. The book emphasizes that dealing with major global pandemics like COVID-19 requires all countries and regions to take different, but synchronized measures to decrease its socio-economic effects in the short, medium and long run. The consequences of COVID-19 will go beyond medicine to cover all other aspects of life and are bound to change the nature of organizations. Moving beyond the medical viewpoint, the experts in this book discuss the topic from multi-dimensional and multi-disciplinary angles by focusing on the domains of technology, business, finance, marketing, law, public administration, and education.

Pandemic Economics

Pandemic Economics PDF Author: Thomas R. Sadler
Publisher: Routledge
ISBN: 1000411354
Category : Business & Economics
Languages : en
Pages : 319

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Book Description
Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic, and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis, and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a tradeoff between public health and economic health led to widespread problems, including virus infections and unemployment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions, and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health, and additional waves of the virus. Pedagogical features are weaved throughout the text, including country case studies, key terms, suggested further reading, and discussion questions for solo or group study. On top of this, the book offers online supplements comprising PowerPoint slides, test questions, extra case studies, and an instructor guide. This textbook will be a valuable resource for advanced undergraduate and postgraduate courses on pandemic economics, macroeconomics, health economics, public policy, and related areas.

COVID-19 Pandemic Trajectory in the Developing World

COVID-19 Pandemic Trajectory in the Developing World PDF Author: Mukunda Mishra
Publisher: Springer Nature
ISBN: 9813364408
Category : Science
Languages : en
Pages : 355

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Book Description
We are witnessing an unprecedented global outbreak of COVID-19, which has been devastating in its consequences. Beyond the acute health hazard, the pandemic has carried with it other threats for mankind associated with the human economy, society, culture, psychology and politics. Amidst these multifarious dimensions of the pandemic, it is high time for global solidarity to save humankind.Human society, its ambient environment, the process of socio-economic development, and politics and power – all are drivers to establish the world order. All these parameters are intimately and integrally related. The interconnections of these three driving forces have a significant bearing on life, space and time. In parallel, the interrelationship between all these drivers is dynamic, and they are changed drastically with time and space. The statistics serve to align the thought, based on which social scientists need to understand the prevailing equation to project the unforeseen future. The trajectory of the future world helps in planning and policymaking with a scientific direction.The practitioners of all academic disciplines under the umbrella of the social sciences need a common platform to exchange ideas that may be effective in the sustainable management of the crisis and the way forward after it is mitigated. This book provides multidisciplinary contributions for expressing the solidarity of academic knowledge to fight against this global challenge. It is crucial that there should be an on-going discussion and exchange of ideas, not only from the perspective of the current times but keeping in view the preparedness for unforeseen post-COVID crises as well.

Covid-19's Economic Impact And Countermeasures In China

Covid-19's Economic Impact And Countermeasures In China PDF Author: Shi Yi Chen
Publisher: World Scientific
ISBN: 9811252939
Category : Political Science
Languages : en
Pages : 518

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Book Description
The book studies the impact of COVID-19 on the Chinese economy and the country's response to policies. It examines various aspects of national macroeconomic operations, industrial shocks, changes in financial markets, regional economic order, public governance challenges. It also analyzes changes in the world economy while integrating economic, financial, industrial, and environmental disciplines.At the macro level, the book emphasizes counter-cyclical responses, with an emphasis on comprehensive measures and precise efforts. It highlights differentiated development strategies for industries and promotes structural adjustment and supply-side reform. At the micro-level, the book emphasizes enterprises' resumption of work and production and supply chain management. The book promotes the concept of integration, stressing that China's economy was and is sufficiently resilient and the importance of maintaining and improving public confidence. At the same time, it attaches importance to prescribing the correct remedies for shortcomings, strengthening weaknesses, confronting the obstacles and difficulties in economic development, and restoring social order. The studies are not restricted to the facts but also focus on transforming and upgrading a modernized socialist economy and governance in the long term.

How COVID-19 Reshapes New World Order: Political Economy Perspective

How COVID-19 Reshapes New World Order: Political Economy Perspective PDF Author: Li Sheng
Publisher: Springer Nature
ISBN: 9811661901
Category : Political Science
Languages : en
Pages : 144

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Book Description
This timely book explores economic, political, social, and cultural impacts of the COVID-19. It aims to reveal a future world shaped by the worldwide pandemic. The main content of this book is divided into 5 parts: the pandemic—a short sketch of the pandemic through 2020, the acceleration of the global power transition: from East to West, comparison between authoritarian and democratic in the pandemic era, global international organizations under the COVID-19 influence, and regional international organizations under the COVID-19 influence. In addition, this book also analyzes the impacts from two aspects: the changes of the world order and the repercussions for international organizations and globalization. Three questions will be focused: How the pandemic has changed the existing world order? What the new post-pandemic world order will be? How international cooperation has been affected and will be affected? This book is a comprehensive study that investigates the impacts of the COVID-19 pandemic and the political implication on international organizations. It would not only inspire readers to think about impacts of the outbreak of COVID-19 from economic and political perspectives, but also encourage readers to have a deeper understanding of the global political pattern and potential changes of world order after the pandemic. Therefore, the intended readership not only includes the academics but also includes pro-academics. The academic audiences include university and college scholars (especially those majoring in history, political sciences, economics, and international relations), teachers, and administrative staff at the undergraduate, graduate, postgraduate, and Ph.D. levels, as well as study centers and research institutes and campus and public libraries. The pro-academic groups include civil servants, especially scholarly bureaucrats and technocrats; white collar and middle-class citizens interested in reading, especially those interested in and concerned about current affairs; and international business elites. The most important feature of this book is that it points out the COVID-19 pandemic has been shaping the world order. It also shows in the coming post-pandemic world, the United States would maintain the position of superpower while the still rising China is likely to share some responsibilities in constructing a new multi-polar world with US and other powers. The prevailing of unilateralism will heavily constrain the role of international organizations.

The Social and Economic Impact of Covid–19: Rapid Transformation of the 21st Century Society

The Social and Economic Impact of Covid–19: Rapid Transformation of the 21st Century Society PDF Author: Marcel Mečiar
Publisher: IJOPEC PUBLICATION
ISBN: 1913809994
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
The contributions in this book demonstrate that the Covid-19 pandemic has led to negative socioeconomic impacts, put a tremendous strain on social institutions in many countries, and changed the lives of people around the world. Society, economy, business companies, management structures of companies, consumption habits of society, education, and health sector have been significantly affected by the Covid-19 pandemic. Some of these effects are thought to be permanent even after the pandemic subsides. It is obvious that the process of digitization will continue in making a consumer’s life more comfortable and safer. Some researchers estimate that approximately 60 percent of companies plan to let their employees continue working remotely from home offices in the post-pandemic period. Many experts emphasize that online shopping, which increased rapidly during the pandemic period, will continue to dominate after the pandemic. Therefore, the social effects of the Covid-19 pandemic will be the subject of many academic studies today and in the future.