After. Economics and Politics of the Post-Pandemic World

Kołodko, Grzegorz W.

doi:10.15407/economyukr.2020.05.003

Cited by 5 publications

(4 citation statements)

References 22 publications

(6 reference statements)

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“…Here, COVID-19 may act as a starting point to alter some behaviors incongruous to the ''business-as-usual'' system. This interim position is the most available as per the retrieved reports, and is apparently founded on the integration of "Green New Deal" [15], and its components [8,46,47,74,75,79,[83][84][85], with support from the Green and Blue Economies [86][87][88][89]. Folding back and reanalyzing the outstanding implications of a paradigm shift, the proposed gradual process of change-as seen with phased reopening of activities after total lockdowns [8]-is feasible in both interim-and long-runs alike.…”

Section: A Snapshot Of Global Post-pandemic Scenario Debatesmentioning

confidence: 99%

Post-COVID-19 Scenarios in the East African Community: Implications for Sustainable Development

Angom

2021

SAJSSE

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The Corona Virus Disease-2019 (COVID-19) pandemic with its lasting imprints on health, livelihoods and economies has plunged the world into complete disarray and staged an interregnum to the momentum of United Nations’ Decade of Action. With some discovered vaccines for the causative virus being administered in some regions, the profound uncertainties are now the virus, its trajectory and the possible post-pandemic scenarios thereof that the world or its individual countries will trickle into. It is unclear whether the pandemic provides an imitable opportunity for futuristic sustainable development or it is a prefatory incidence to an otherwise worse tomorrow. These two (most-pessimistic and worst-case) scenarios have a common thread which depicts uncertainty of the future of humanity. Yet, the most optimistic discourses have undermined the negative realities that global communities predict. This study tables an analysis of the possible global post-COVID-19 pandemic scenarios and trickles down to the same in the context of the East African Community (EAC), (Uganda, Kenya, Rwanda, Tanzania, Burundi and South Sudan). At the very least, encountered reports indicate that global debates on the post-pandemic future are classifiable into (1) the most likely return to “business-as-usual”, (2) a managed transition, or (3) a discernible paradigm shift. For the East African Community, the post-COVID-19 scenarios are poised to be influenced by the new world order reconfiguration; the region’s trajectory to sustainable development in the post-pandemic era is hinged on a solution of a global nature that favors making long-term decisions. Otherwise, the region’s scenario is likely the ‘‘business-as-usual’’ one.

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Section: A Snapshot Of Global Post-pandemic Scenario Debatesmentioning

confidence: 99%

Post-COVID-19 Scenarios in the East African Community: Implications for Sustainable Development

Angom

2021

SAJSSE

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“…In turn, the World Bank (2020) forecasts a decline in global GDP of 5.2 per cent in 2020, despite the strong support of the economy provided by politicians. Kolodko (2020) points the economic and geopolitical consequences of the pandemic. He does not consider the phenomenon as a threat only.…”

Section: Literature Reviewmentioning

confidence: 99%

Shaping the Public Perception of Economic Phenomena During the COVID-19 Pandemic: Priority of Goals or Values?

Piotrowski¹

2021

ERSJ

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Purpose: The coronavirus pandemic has posed serious challenges to governments almost all over the world. To stop its development authorities have overwhelmingly introduced social distancing and locked down the economy. Apart from implementing measures restoring socioeconomic activity, it was equally important how the government informed the society about them. The aim of this work is to determine the factors that impact the way in which the coronavirus pandemic is presented to the society in Poland. Design/Methodology/Approach: The analyses of selected literature and case study method were used to show how government communicated the actions taken in public finance and economy, as well as socio-political life. The uniqueness of the research should be related to the fact that two presidential campaigns were run during the epidemic. Findings: The research results indicate that the issue of the pandemic and the actions taken to combat the crisis it triggered, as well as the attitude towards social distancing, were used in the message addressed to the public with a view to achieving specific political objectives of the authorities. The coronavirus epidemic was presented differently by politicians and public media during each of the two campaigns accompanying the elections for the office of the President of Poland. Prior to the elections scheduled for 10 May 2020, the coronavirus pandemic was presented to the public as a serious threat to health and life which necessitated restrictive adherence to social distancing restrictions. In the second election campaign, those in power sent an optimistic message to society suggesting a victory over coronavirus had been achieved in terms of health and economy. Practical Implications: The paper shows the possibility of shaping the perception of economic phenomena by means of the mass media. Originality/Value: The research shows that topics important for the functioning of the state, such as the rapidly deteriorating condition of public finances or the entry of the economy into recession, were not the main axis of the political dispute during the election campaigns.

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“…Lepiej zatem mówić o przeszłej i o nadchodzącej rzeczywistości i dzielących je różnicach. A to, czy będzie ona "normalnością", to się jeszcze okaże (Kolodko, 2020).…”

Section: Pytania Bez Odpowiedziunclassified

Pandemia: praktyczne reakcje i teoretyczne pytania

Kołodko

2020

KNoP

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Już przed pandemią świat stał w obliczu wielu wyzwań. COVID-19 skomplikował sytuację, pogłębiając strukturalny kryzys gospodarczy. Motywowane względamimedycznymi blokowanie aktywności gospodarczej powoduje recesję i towarzyszące jej narastanie bezrobocia, a także rozluźnianie polityki monetarnej i konieczność ponoszenia dodatkowych wydatków finansów publicznych. Część z nich jest niezbędna ze względów socjalnych oraz dla ratowania i wspierania biznesu, część jest wyłudzana oraz źle adresowana i marnotrawiona. Na ogromną skalę rosną deficyty budżetowe i zwiększa się dług publiczny, co powoduje odchodzenie od stosowanych procedur oszczędnościowych. Nietypowe perturbacje, tak w realnej gospodarce jak i w finansach, stawiają nowe pytania, na które ortodoksyjna myśl ekonomiczna nierzadko nie potrafi odpowiedzieć. Po pandemii nie tylko polityka ekonomiczna poszukiwać będzie sposobów wprowadzania gospodarki na ścieżkę wzrostu, lecz również teoria formułować będzie nowe myśli.

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After. Economics and Politics of the Post-Pandemic World

Cited by 5 publications

References 22 publications

Post-COVID-19 Scenarios in the East African Community: Implications for Sustainable Development

Post-COVID-19 Scenarios in the East African Community: Implications for Sustainable Development

Shaping the Public Perception of Economic Phenomena During the COVID-19 Pandemic: Priority of Goals or Values?

Pandemia: praktyczne reakcje i teoretyczne pytania

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