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


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 Trajectory in the Developing World


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: Paving the Way for a More Sustainable World


Book Description

This book gathers and disseminates opinions, viewpoints, studies, forecasts, and practical projects which illustrate the various pathways sustainability research and practice may follow in the future, as the world recovers from the COVID-19 pandemic and prepares itself to the possibilities of having to cope with similar crisis, a product of the Inter-University Sustainable Development Research Programme (IUSDRP) https://www.haw-hamburg.de/en/ftz-nk/programmes/iusdrp.html and the European School of Sustainability Science and Research (ESSSR) https://esssr.eu/. The COVID-19 pandemic has led to severe human suffering, and to substantial damages to economies around the globe, affecting both rich countries and developing ones. The aftermath of the epidemic is also expected to be felt for sometime. This will also include a wide range of impacts in the ways sustainable development is perceived, and how the principles of sustainability are practised. There is now a pressing need to generate new literature on the connections between COVID-19 and sustainability. This is so for two main reasons. Firstly, the world crisis triggered by COVID-19 has severely damaged the world economy, worsening poverty, causing hardships, and endangering livelihoods. Together, these impacts may negatively influence the implementation of sustainable development as a whole, and of the UN Sustainable Development Goals in particular. These potential and expected impacts need to be better understood and quantified, hence providing a support basis for future recovery efforts. Secondly, the shutdown caused by COVID-19 has also been having a severe impact on teaching and research, especially –but not only – on matters related to sustainability. This may also open new opportunities (e.g. less travel, more Internet-based learning), which should be explored further, especially in the case of future pandemics, a scenario which cannot be excluded. The book meets these perceived needs.




COVID-19 and Society


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.




Covid - 19 Pandemic: Issues on Sustainable Development Goals


Book Description

When the pandemic struck, family, education, and the economy all took a hit in terms of maintaining structural relationships. Even before the Pandemic, India's socio-cultural system had been facing numerous difficulties and changes as a result of political and economic forces, Corona. Religion, the economy, and the political system have all played important roles in changing the social structure. Nutrition is also a significant concern. Nutrition is a science that is engaged in the prevention and treatment of a wide range of infectious and non-infectious disorders. A well-balanced diet aids in the improvement of general public immunity and, as a result, aids in the prevention of infection. During covid -19 infection, there are numerous illness conditions or comorbidities that present a significant problem. As a result of the COVID-19 epidemic, our society has undergone a rapid and deep digital transition. The epidemic prompted us to make a historic digital shift in our daily lives and activities, including our children's educational transfer from traditional to digital classroom practise. COVID-19 has the potential to alter the education system, affecting teaching/learning, research/innovation, community service/engagement, and the experience of staff and students. Domestic violence, on the other hand, is an age-old social tragedy that has long been kept from society's gaze. Domestic abuse affects people from all walks of life, regardless of their social, economic, religious, or cultural backgrounds. Threats, name-calling, preventing communication with family or friends, withholding money, actual or threatened physical harm, and sexual assault are just some of the behaviours that might be used. In the agricultural industry, an estimated 10 million migrant workers returned to their home countries in 2020, following the enforcement of the lockdown. Agriculture and related sectors grew by 3.4 percent in 2020-21, despite the fact that global economic growth slowed to -7.2 percent. During the Covid-19 pandemic, the food supply mechanisms were thrown off. As a result, the farming community as well as the economy's most vulnerable sectors are impacted. The government, NGOs, and individuals have discovered that they can have a significant impact on the environment. Our government is always emphasising the need of drinking pure water, especially during this pandemic. But we are lacking in drinking water supply to all areas. Pure drinking water is a solution for keeping ourselves away from infectious diseases. This pandemic epidemic has had several negative consequences, including as an increase in medical waste, disinfectants, and the use of masks and gloves damaging the environment. In order to keep our ecosystem sustainable, suitable guidelines and planned measures must be applied to combat the epidemic and maintain environmental harmony. Covid-19's current predicament has thrown the world's socio-cultural structure, as well as its work culture, into disarray. The sanitary, safety, and health procedures have beyond any local culture's norms. To protect the world from the extremely infectious coronavirus, a new global culture has arisen. The use of facemasks, hand gloves, and hand sanitizers, as well as physical separation, has become the new normal. The present situation has given thrust to the virtual world and various steps have been taken by the government to increase the contactless experience.




Global Trends 2040


Book Description

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.




Current Problems of the Global Environmental Economy Under the Conditions of Climate Change and the Perspectives of Sustainable Development


Book Description

This book presents a systemic view of the global environmental economy under the conditions of climate change from the positions of Sustainable Development Goals. The purpose of the book is to study the current problems of the global environmental economy under the conditions of climate change and to determine the prospects of its sustainable development (systemic support for the SDGs). This goal predetermines the logic and structure of the book, which is comprised of five parts. Part I presents the authors’ novel view of the global environmental economy under the conditions of climate change from the positions of the SDGs. It reflects the contradiction and describes the path of preserving economic growth during the implementation of SDG 13. The COVID-19 pandemic and economic crisis are considered as the result of the reduction of biodiversity under the conditions of climate change from the positions of SDG 3. Responsible innovations, eco-friendly products, and green trade are presented as trends of the environmental economy under the conditions of climate change to support SDG 12. Green jobs are analyzed in the environmental economy under the conditions of climate change during the implementation of SDG 8. The significance of social inclusivity and reduction of the inequality of the environmental economy under the conditions of climate change to support SDG 10 is noted. Part II elaborates on the sectoral specifics of the influence of climate change on the environmental economy: energetics, finance, industry, state management, and agriculture. Part III presents and discusses the international experience of development of the environmental economy under the conditions of climate change given the specifics of developed and developing countries and based on the case experience of Central Asia, the EAEU, and Russia. In Part IV, technological transition (Fourth Industrial Revolution) is offered as a perspective response of the global economic policy to climate change. Scenarios of the fight against climate change in the Decade of Action depending on the scale of the technological transition are described: digital economy vs Industry 4.0 and Society 5.0. The perspectives of the technological transition at the level of companies (creation of cyber-physical systems of Industry 4.0; green digital innovations and smart ESG finance) and regions (smart region as a socio-economic environment with large adaptability to climate change) are described.




Social and Political Issues on Sustainable Development in the Post Covid-19 Crisis


Book Description

As a threat, a pandemic has indirect implications for social, economic and political conditions both at domestic and international levels. Thus, collective and comprehensive efforts are needed in responding to and preventing the expansion of infections caused by the virus, including Covid-19. This international conference provides the discourse on social, economic as well as political issues regarding the condition after the pandemic. Social issues are studied through social welfare, sociology, governance, communication and international relations approaches. Meanwhile, economic problems are discussed through business, economic development and economic management approaches. Under the First International Conference on Humanities and Social Sciences (ICHSOS) 2021, speakers from several countries provided solutions and alternative perspectives in preventing and dealing with problems after the Covid-19 pandemic. This book contains 52 papers presented at the conference.