Is There Any ‘new Normal’? Economics of the Turmoil

With the outbreak of the COVID-19 pandemic, the world came to a standstill. Scholars and policymakers dealing with the economic consequences of the pandemic quickly realised that returning to the pre-pandemic state was impossible—the global community had been heading toward a “new normal”. Unfortuna...

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Autor principal: Ewa Mińska-Struzik, Barbara Jankowska
Formato: Libro
Publicado: Poznań University of Economics and Business 2024
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        au: Ewa Mińska-Struzik, Barbara Jankowska
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        Globalization--Economic aspects
        International economic relations--21st century
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          BUSINESS & ECONOMICS / Economics / Social & Behavioral
          POLITICAL SCIENCE / Public Policy / Economic Policy
          Globalization--Economic aspects
          International economic relations--21st century
      ab: With the outbreak of the COVID-19 pandemic, the world came to a standstill. Scholars and policymakers dealing with the economic consequences of the pandemic quickly realised that returning to the pre-pandemic state was impossible—the global community had been heading toward a “new normal”. Unfortunately, before we could recognise and tame the “new normal” for good, it was disrupted by the Russian invasion of Ukraine and subsequent energy crises. Therefore, in the monograph's title, we question whether any “new normal” exists. However, disruptions and shocks are unimaginable to get used to; as researchers, we believe knowledge becomes particularly valuable in such circumstances. Defining, studying and describing turmoils allow, if only to some extent, to control the damages they cause. Hence, the research presented in this book aims to identify and explore challenges at the supranational and national levels. Focusing on those challenges, we got to investigate the multidimensional impact of the pandemic shock on business reality. In doing that, we hoped to collect a valuable foundation for formulating a resilience policy, which, to be effective, must respect the peculiarity of national economies, industries, firms, and individual consumers.
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