Reflecting on Reflections on COVID-19

Dam, Y.K. van; Webbink, Joke F.

doi:10.29015/cerem.876

Cited by 10 publications

(3 citation statements)

References 19 publications

(19 reference statements)

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“…We term this unpredictable certainty a LEM probability, as the concept has been inspired by Stanisław Lem's "philosophy of chance" and "chain of chances" [62,70]. The dominant social paradigm can result in consciously ignoring smallprobability and nonlinear threats, exclusion of vulnerabilities from cost-benefit analyses and the neglect of "LEM probabilities" [64,[71][72][73][74]. The study presented shows how the dominant social paradigm is behind a persistent denial of LEM probabilities.…”

Section: Hypothesis 2amentioning

confidence: 99%

Socioeconomic Paradigms and the Perception of System Risks: A Study of Attitudes towards Nuclear Power among Polish Business Students

et al. 2022

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Due to anticipated energy shortages and the need to achieve climate goals, there is an urgent requirement for transition towards a green, resilient system of energy provision. This transition is hampered because important players in energy markets (governments and oligopolies), while supporting large-scale solutions, avoid or block systemic changes. This rejection of systemic change is strengthened by the dominant social paradigm, which ignores systemic vulnerabilities, treating resources as solutions and the environment as a sink. In its turn, the dominant social paradigm is contested by the new ecological paradigm and by attitudes towards sustainable business practices. Understanding this framework may be relevant for identifying decision-makers’ perception of system risk, and thus for supporting a transition towards a more decentralized and resilient energy supply. In this context, this paper presents an empirical study among Polish students of a business university (N = 393), trying to discover the relationship between the social paradigms, perceptions of environmental resources and sinks, and systemic risk in large-scale energy production (i.e., nuclear power plants). Although the explained variance is limited, results show that various elements of the dominant social paradigm are related to problem denial. Technological optimism and belief in markets are predictors of optimism about resource shortages and neglect of system risk. This optimism is counteracted by political liberalism, and respondent attitudes towards sustainable business practices. Belief in market forces has an ambivalent effect, tempering technological optimism regarding nuclear energy but also political acknowledgement of the limited resources and sink capacities of the environment. Although the influence of the dominant social paradigm on energy transition can be identified, the results may indicate a decline in belief in market forces and liberal democracy, implying a rethinking of the dominant social paradigm may be needed. The existing relationship between these aspects warrants a critical review and discussion of the central role of the dominant paradigm in current management training. The results indicate that a lack of political liberalism and a negative attitude towards sustainable business practices amplify system risks in, e.g., large-scale nuclear energy projects.

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Section: Hypothesis 2amentioning

confidence: 99%

Socioeconomic Paradigms and the Perception of System Risks: A Study of Attitudes towards Nuclear Power among Polish Business Students

et al. 2022

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“…A pandemic causes huge uncertainty, and makes the vulnerabilities and fragilities of the current economic system visible. The high uncertainty makes it difficult to predict what the long-term effects of the pandemic will be [27,28]. Since the emergence of the virus approximately six months ago, the economic impacts of COVID-19 have received by far the greatest concentration of attention to date (to June 2020).…”

Section: General Economic Impacts Of Covid-19mentioning

confidence: 99%

COVID-19 and the UN Sustainable Development Goals: Threat to Solidarity or an Opportunity?

et al. 2020

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COVID-19, as a pandemic, is impacting institutions around the world. Its scope and economic dimensions also mean that it poses a major threat towards achieving the UN Sustainable Development Goals (SDGs). This article discusses how the coronavirus pandemic may influence the SDGs and could affect their implementation. The methods used entail an analysis of the literature, observations and an assessment of current world trends. The results obtained point out that, while COVID-19 has become a priority to many health systems in developing nations, they still need to attend to many other existing diseases such as malaria, yellow fever and others. Further, the study shows that strong concerns in dealing with COVID-19 are disrupting other disease prevention programs. As a result, problems such as mental health are also likely to be overlooked, since the isolation of social distancing may mask or lead to an increase in the percentage of suffers. The paper suggests that, due to its wide scope and areas of influence, COVID-19 may also jeopardize the process of the implementation of the SDGs. It sends a cautious warning about the need to continue to put an emphasis on the implementation of the SDGs, so that the progress achieved to date is not endangered.

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“…In this context, an assessment of the economic dimension aims to reduce the negative externalities of production, seeking an economy concerned with generating a better quality of life for people. Many of these economic sustainability problems are increased by situations of uncertainty (Platje, Harvey, & Rayman-Bacchus, 2020;Van Dam & Webbink, 2020), as well as issues related to ensuring public revenue and promoting economic development sustainability.…”

Section: Economic Sustainability and Covid-19mentioning

confidence: 99%

Fiscal policies for economic sustainability in COVID-19: what do subnational governments in Brazil and Colombia reveal?

Araújo¹,

Souza²,

Robles³

et al. 2023

R. G. Secr.

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This research aims to compare public governance response measures regarding the fiscal policies adopted by subnational governments for economic sustainability in Brazil and Colombia in the face of the Covid-19 crisis. Data collection was performed on 92 government websites from 27 Brazilian states and 33 Colombian departments (subnational governments). Through exploratory qualitative analysis, fiscal policies were studied between 2020 and 2021, instituted by laws and decrees. Categorized into two strands: (i) laws supporting the maintenance of economic sustainability and (ii) tax incentives. The main results indicated that in a short time government needed to create methods and tools to adapt to the context of social isolation and revealed fiscal policies to support small businesses. In Brazil, governments have implemented actions: supporting vulnerable people, self-employed entrepreneurs, small businesses, such as granting financial credit. In addition to tax incentives, there was exemption, postponement and payment in installments. In Colombia, a line of credit was granted to support the liquidity of all companies in the tourism sector, the incentives were granted through tax exemptions, except for the tourism and air transport sectors. As much as the incentives launched were aimed at minimizing the impacts of the pandemic and maintaining part of the revenue collected by governments, for both countries the need for tax reform was evident. It should be noted that Colombia started processing the tax reform project in 2021 and on November 4, 2023, it was approved by both legislative houses, and is in the final drafting process. This article theoretically contributes to the expansion of studies that assess economic sustainability and public governance in developing countries in the face of relevant economic crises.

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Reflecting on Reflections on COVID-19

Cited by 10 publications

References 19 publications

Socioeconomic Paradigms and the Perception of System Risks: A Study of Attitudes towards Nuclear Power among Polish Business Students

Socioeconomic Paradigms and the Perception of System Risks: A Study of Attitudes towards Nuclear Power among Polish Business Students

COVID-19 and the UN Sustainable Development Goals: Threat to Solidarity or an Opportunity?

Fiscal policies for economic sustainability in COVID-19: what do subnational governments in Brazil and Colombia reveal?

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