Sustainable economic development in the European Union and COVID-19

Vavoura, Chara; Vavouras, Ioannis

doi:10.1007/s40844-021-00217-1

Cited by 12 publications

(5 citation statements)

References 23 publications

(32 reference statements)

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“…Other studies on sustainable development in the EU have concluded that the pandemic will severely hinder the process of sustainability in the EU in the short term. For its growth in the long term, the Recovery and Resilience Facility as the key instrument of recovery will have to be effective (Vavoura and Vavouras, 2022). By the same token, Cazcarro et al (2022) argue that recovery plans are an opportunity to continue towards a low-carbon economy, improving employment, health and equity and the role of modelling tools.…”

Section: Discussion: Critical Subset Of Key Trends Influencing the Su...mentioning

confidence: 99%

Trends shaping sustainable post-pandemic development of the V4 region in turbulent times until 2030

Gáspár,

Gubová,

Hideg

et al. 2023

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Purpose The paper evaluates trends shaping the post-pandemic reality. The framework adopted is a case study of the V4 region (Poland, the Czech Republic, Slovakia and Hungary) that illustrates broader trends, their direction of change and their influence on the entire region. This paper aims to identify key trends and analyse how they can facilitate or hinder sustainable development. Design/methodology/approach The paper is based on a multidisciplinary literature review and an online real-time Delphi study carried out across four European countries. Findings The results indicate that the influence of negative trends on sustainability is much stronger than that of positive ones. Concerning the trends’ driving factors, the blockers of negative trends have a much higher influence on sustainability than the blockers of positive ones. The study shows that the most significant trends affecting sustainability are distributed throughout various fields of human activity, including geopolitics, social issues, education, the environment, technology and health. Practical implications The findings presented below can be used primarily by decision makers from the V4 region, who are responsible for crafting strategies regarding post-COVID recovery. The study illustrates trends that V4 countries and other European Union member states might be facing in the future and analyses how they relate to sustainability. The conclusions indicate that the most effective path to the desired level of sustainability is one that incorporates policies built around the blockers of negative trends. Originality/value The importance of this study lies in its focus on countries that had previously received little attention in scientific analyses. The paper shows their possible developmental pathways and sheds light on the framework of integrated foresight and its applications in sustainability-related areas.

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Section: Discussion: Critical Subset Of Key Trends Influencing the Su...mentioning

confidence: 99%

Trends shaping sustainable post-pandemic development of the V4 region in turbulent times until 2030

Gáspár,

Gubová,

Hideg

et al. 2023

View full text Add to dashboard Cite

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“…As of 2021, Poland has a population of 37.9 million people, a Gross Domestic Product (GDP) of around 730.1 billion, and a current GDP per capita of almost USD 19, 365.9 (Vavoura & Vavouras, 2022 ). It ranks 38th in the list of countries (and dependencies) by population, the sixth-largest economy in the European Union and the tenth-largest in all of Europe (Worldometer, 2020 ).…”

Section: Methodsmentioning

confidence: 99%

A Contribution to Sustainable Human Resource Development in the Era of the COVID-19 Pandemic

et al. 2023

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This examines the six drivers and twelve detailed practices of sustainable human resource development (S-HRD) before and during the COVID-19 pandemic across different organizations in Poland. The empirical strategy is based on explorative research conducted using surveys in Poland between 2020 and 2021. The results confirm that the surveyed organizations implemented S-HRD practices driven mainly by the expectations of external stakeholders. They neglected the areas of caring for employees’ well-being and developing environmental awareness before the COVID-19 pandemic. During the pandemic, most companies maintained their approach to S-HRD. This research is unique because it adds to the body of literature advocating the significance of S-HRD for organizational resilience before, during, and after extreme events. Generalizing the results is challenging because the snowball sample has significant restrictions. However, future research may overcome these shortcomings by using larger samples based on probability or random sampling techniques.

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“…Zhou et al’s [ 24 ] research shows that, in the context of the COVID-19 pandemic, the improvement of ESG performance of listed companies can enhance the market value of the company, thus promoting the sustainable development of the company. Vavoura and Vavouras [ 25 ] show that, taking into account the EU’s projections of the direct impact of the pandemic, the pandemic will seriously impede the EU’s sustainable development process in the short term. The long-term effects of the pandemic cannot even be outlined, especially at the level of the individual member states.…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable Economic Development, Digital Payment, and Consumer Demand: Evidence from China

Zhou

2022

IJERPH

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In this era, the global COVID-19 pandemic has hit the economy hard. In the context of great challenges to sustainable economic development, it is of great practical significance to study how digital payment can promote consumer demand and sustainable economic development. From the perspective of sustainable economic development, this paper selects panel data of various provinces in China from 2011 to 2020 to test the correlation between digital payment and consumer demand by constructing econometric models and selecting relevant indicators, so as to reveal the impact of digital payment on consumer demand and sustainable economic development. Research shows that: (1) in the context of the COVID-19 pandemic, digital payments play a special and very important role in promoting household consumption and sustainable economic development; (2) the empirical results show that digital payment has a significant positive impact on consumer demand, which indicates that digital payment has an obvious promotion effect on consumer demand; (3) further research shows that the impact of digital payment on consumer demand has obvious heterogeneity. From the perspective of regional differences, digital payment has a significant positive impact on consumer demand in the eastern and western regions, while the impact is not obvious in the northeast and central regions, even though it also has a positive impact. From the perspective of urban-rural differences, digital payment has a significant impact on consumer demand in both urban and rural areas, and this impact is greater in rural areas than in urban areas. However, from the perspective of development stage, the stage characteristics of digital payment’s impact on consumer demand in each region are not obvious, which may be caused by the short sample range. In addition, this paper also puts forward relevant suggestions for other countries to learn from.

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Sustainable economic development in the European Union and COVID-19

Cited by 12 publications

References 23 publications

Trends shaping sustainable post-pandemic development of the V4 region in turbulent times until 2030

Trends shaping sustainable post-pandemic development of the V4 region in turbulent times until 2030

A Contribution to Sustainable Human Resource Development in the Era of the COVID-19 Pandemic

Sustainable Economic Development, Digital Payment, and Consumer Demand: Evidence from China

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