Post-COVID Sustainable Economic Development

Maja Andrijasevic


Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia (Serbia)
https://orcid.org/0000-0002-9058-1990

Vesna Pasic Tomic


Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia (Serbia)
https://orcid.org/0000-0003-4495-7595

Violeta Jovanovic


Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia (Serbia)
https://orcid.org/0000-0003-3624-4341

Abstract

Crises show all the vulnerability and unsustainability of modern economic systems, imposing the need to ask ourselves what really is important, what wealth actually is. At the same time, they are an opportunity to critically review economic systems, ideologies, economic indicators of quality of life and dogmatically set ideas which have negative impacts on society, culture and the environment. In this sense, the current pandemic is an opportunity to take action and make a change, to shift the focus to socio-economic models focused on people, environment and strengthening of global partnership for sustainable development.


Keywords:

pandemic, economy, sustainability

ALE B.J.M., HARTFORD D.N.D., SLATER D.H., 2020, Dragons, black swans and decisions, Environmental Research, 183: 1-7.
DOI: https://doi.org/10.1016/j.envres.2020.109127   Google Scholar

AMMAR A., TRABELSI K., BRACH M., CHOTOUROU H., BOUKHRIS O., MASMOUDI L., BATATIA H., 2021, Effects of home confinement on mental health and lifestyle behaviors during the COVID-19 outbreak: insights from the ECLBCOVID19 multicenter study, Biology of sport, 38(1):9.
DOI: https://doi.org/10.5114/biolsport.2020.96857   Google Scholar

BALDWIN R., DI MAURO B.W., 2020, Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes, Centre for Economic Policy Research, London.
  Google Scholar

BARBIER E. B., BURGESS J. C., 2020, Sustainability and development after COVID-19, World Development, 135. https://doi.org/10.1016/worlddev.2020.105082.
DOI: https://doi.org/10.1016/j.worlddev.2020.105082   Google Scholar

CARNEVALE J. B., HATAK I., 2020, Employee adjustment and well-being in the era of COVID-19: Implications for human resource management, Journal of Business Research, 116: 183-187.
DOI: https://doi.org/10.1016/j.jbusres.2020.05.037   Google Scholar

CHIN A., SIMON G.L., ANTHAMATTEN P., KELSEY K.C., CRAWFORD B.R., WEAVER A.J., 2020, Pandemics and the future of human-landscape interactions, Anthropocene, 31: 1-6.
DOI: https://doi.org/10.1016/j.ancene.2020.100256   Google Scholar

DAVIS S., 2020, Going Viral: The History and Economics of Pandemics, IEA COVID-19 briefing no. 1. April.
DOI: https://doi.org/10.2139/ssrn.3852033   Google Scholar

DEYLE E. R., MAHER, M. C., HERNANDEZ R. D., BASU S., SUGIHARA G., 2016, Global environmental drivers of influenza, Proceedings of the National Academy of Sciences, 113 (46): 13081-13086
DOI: https://doi.org/10.1073/pnas.1607747113   Google Scholar

DES JARDINS J.R. 2006. Environmental Ethics: An Introduction to Environmental Philosophy, Wadsworth, Belmont, California.
  Google Scholar

DIRANI K. M., ABADI M., ALIZADEH A., BARHATE B., GARZA R. C., Gunasekara N., MAJZUN Z., 2020, Leadership competencies and the essential role of human resource development in times of crisis: a response to Covid-19 pandemic, Human Resource Development International, 23(4): 380-394.
DOI: https://doi.org/10.1080/13678868.2020.1780078   Google Scholar

EUROPARL.EUROPA.EU, 2021, https://www.europarl.europa.eu/news/en/headlines/society/20210225STO98702/understanding-the-impact-of-covid-19-on-women-infographics (26.10.2020).
  Google Scholar

FAIRYTALES OF GROWTH, 2020, Documentary movie, https://www.youtube.com/watch?v=dQ4cpOKmde8&ab_channel=FairytalesofGrowth (26.10.2020).
  Google Scholar

FATTORELLI M., 2016, Citizens Public Debt Audit, Experiences and methods, Liège: CETIM/CADTM, Geneva.
  Google Scholar

FISHER A. N., RYAN M. K., 2021, Gender inequalities during COVID-19, Group Processes & Intergroup Relations, 24(2): 237-245.
DOI: https://doi.org/10.1177/1368430220984248   Google Scholar

GANS J., 2020, Economics in the Age of Covid-19. MIT Press, Cambridge, https://economics-in-theage-of-covid-19.pubpub.org/ (26.10.2020).
DOI: https://doi.org/10.21428/a11c83b7.c48fa91b   Google Scholar

GELFAND M. J., JACKSON J. C., PAN X., NAU D., PIEPER D., DENISON E., WANG M., 2021, The relationship between cultural tightness–looseness and COVID-19 cases and deaths: a global analysis, The Lancet Planetary Health, 5(3): 135-144.
DOI: https://doi.org/10.1016/S2542-5196(20)30301-6   Google Scholar

GIGAURI I., 2020, Effects of covid-19 on human resource management from the perspective of digitalization and work-life-balance, International Journal of Innovative Technologies in Economy, 4 (31).
DOI: https://doi.org/10.31435/rsglobal_ijite/30092020/7148   Google Scholar

GOODELL J.W., 2020, COVID-19 and finance: Agendas for future research, Finance Research Letters, 35: 1-5.
DOI: https://doi.org/10.1016/j.frl.2020.101512   Google Scholar

HOFSTEDE G., BOND M. H., 1984, Hofstede's culture dimensions: An independent validation using Rokeach's value survey, Journal of cross-cultural psychology, 15(4): 417-433.
DOI: https://doi.org/10.1177/0022002184015004003   Google Scholar

HOFSTEDE G., 2003, Cultural dimensions, www.geert-hofstede.com.
  Google Scholar

HOFSTEDE G., 2009, Geert Hofstede cultural dimensions.
  Google Scholar

HOFSTEDE G., 2011, Dimensionalizing cultures: The Hofstede model in context, Online readings in psychology and culture, 2(1): 2307-0919.
DOI: https://doi.org/10.9707/2307-0919.1014   Google Scholar

DE LIMA C. V. C., CANDIDO E. L., DA SILVA J. A., ALBUQUERQUE, L. V., DE MENEZES SOARES L., DO NASCIMENTO M. M., NETO M. L. R., 2020, Effects of quarantine on mental health of populations affected by Covid-19, Journal of affective disorders, 275: 253-254.
DOI: https://doi.org/10.1016/j.jad.2020.06.063   Google Scholar

MADGAVKAR A., WHITE O., KRISHNAN M., MAHAJAN D., AZCUE X., 2020, COVID-19 and gender equality: Countering the regressive effects, McKinsey Global Institute, https://www.mckinsey.com/featured-insights/future-of-work/covid-19-andgender-equality-countering-the-regressive-effects (29.09.2020).
  Google Scholar

MANZANEDO R.D., MANNING P., 2020, COVID19: Lessons for the climate change emergency, Science of the Total Environment, 742. https://doi.org/10.1016/j.scitotenv.2020.140563.
DOI: https://doi.org/10.1016/j.scitotenv.2020.140563   Google Scholar

MEADOWS, D, MEADOWS D., RANDERS J., BEHRENS W., 1972, The Limits to Growth, A report on THE CLUB OF ROMEs predicament on mankind. New York, Universe Books.
DOI: https://doi.org/10.1349/ddlp.1   Google Scholar

https://doi.org/10.2307/2060819.
DOI: https://doi.org/10.2307/2060819   Google Scholar

MILICA KOCOVIC DE SANTO, 2020), Change of economic cycles conditioned by non-economic factors – hope for solutions from the periphery, Black Swan in the World Economy 2020, Institute of Economic Sciences, Beograd.
  Google Scholar

OPATHA H. H. D. N. P., 2020, The Coronavirus and The Employees: A Study from the Point of Human Resource Management, Sri Lankan Journal of Human Resource Management, 10(1): 37-49.
DOI: https://doi.org/10.4038/sljhrm.v10i1.5649   Google Scholar

RAWORTH K, 2017, Doughnut Economics – Seven ways to think like 21st Century economist, Kindle version.
  Google Scholar

SAADAT S., RAWTANI D., HUSSAIN C. M., 2020, Environmental perspective of COVID-19, Science of the Total Environment, 138870. https://doi.org/10.1016/j.scitotenv.2020.138870.
DOI: https://doi.org/10.1016/j.scitotenv.2020.138870   Google Scholar

SACHS W., 2010, The Development Dictionary: A Guide to Knowledge as Power, Zed Books, London.
  Google Scholar

SZTUMSKI W., 2021, Reflection on the Human Living Environment in Connection with Sustainable Development, Problemy Ekorozwoju/ Problems of Sustainable Development, 16(1): 39-44.
DOI: https://doi.org/10.35784/pe.2021.1.04   Google Scholar

SUCESKA M., HANIC A., 2012, Legislation for the protection of the environment, natural and common assets in BiH and its compliance with EU regulations, Economic aspects of environmental policy, ed. Draskovic, B., Institute of Economic Sciences: Belgrade Banking Academy – Faculty of Banking, Insurance and Finance, Belgrade.
  Google Scholar

TALEB N.N., 2007, The Black Swan: The Impact of the Highly Improbable, Beograd, Heliks.
  Google Scholar

TANG F., LIANG J., ZHANG H., KELIFA M. M., HE Q., WANG P., 2021, COVID-19 related depression and anxiety among quarantined respondents, Psychology & health, 36(2): 164-178.
DOI: https://doi.org/10.1080/08870446.2020.1782410   Google Scholar

UNDP, 2020, Coronavirus, https://www.undp.org/content/undp/en/home/coronavirus.htm (26.10.2020).
  Google Scholar

UNITED NATIONS, Youth Flash, https://www.un.org/development/desa/dspd/wp-content/uploads/sites/22/2020/ 04/YOUTH-FLASH-Special-issue-on-COVID-19-1.pdf
  Google Scholar

(26.10.2020).
  Google Scholar

VERMA A., PRAKASH S., 2020, Impact of covid19 on environment and society, Journal of Global Biosciences, 9(5): 7352-7363.
  Google Scholar

VNOUČKOVÂ L., 2020, Impact of COVID-19 on human resource management, Revista Latinoamericana de Investigación Social, 3(1): 18-21.
  Google Scholar

WANG Q., SU M., 2020, A preliminary assessment of the impact of COVID-19 on environment – A case study of China, Science of the Total Environment, 728: 1-10.
DOI: https://doi.org/10.1016/j.scitotenv.2020.138915   Google Scholar

WORLD HEALTH ORGANISATION, 2020, Preparedness, prevention and control of coronavirus disease (COVID-19) for refugees and migrants in non-camp settings, https://www.who.int/publications/i/item/preparedness-prevention-and-control-of-coronavirus-disease-(covid-19)-for-refugees-and-migrants-in-non-camp-settings (18.03.2021).
  Google Scholar

ZAMBRANO-MONSERRATE M. A., RUANO M. A., SANCHEZ-ALCALDE L., 2020, Indirect effects of COVID-19 on the environment, Science of the Total Environment, 138813. https://doi.org/10.1016/j.scitotenv.2020.138813.
DOI: https://doi.org/10.1016/j.scitotenv.2020.138813   Google Scholar

Download


Published
2021-07-01

Cited by

Andrijasevic, M., Tomic, V. P., & Jovanovic, V. (2021). Post-COVID Sustainable Economic Development. Problemy Ekorozwoju, 16(2), 58–65. https://doi.org/10.35784/pe.2021.2.07

Authors

Maja Andrijasevic 

Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia Serbia
https://orcid.org/0000-0002-9058-1990

Authors

Vesna Pasic Tomic 

Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia Serbia
https://orcid.org/0000-0003-4495-7595

Authors

Violeta Jovanovic 

Megatrend University, Faculty of Management Zajecar, Park šuma Kraljevica bb, Zaječar, Serbia Serbia
https://orcid.org/0000-0003-3624-4341

Statistics

Abstract views: 51
PDF downloads: 19