COVID-19 and Society: Socio-Economic Perspectives on the Impact, Implications, and Challenges

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This timely book presents a collection of expert insights into the impacts of COVID-19 in a broader socio-economic context. In each chapter, the authors identify the current impact of COVID-19 by demonstrating transformative signals and project these signals to the future by considering their alternative futures and implications.

The book emphasizes that dealing with major global pandemics like COVID-19 requires all countries and regions to take different, but synchronized measures to decrease its socio-economic effects in the short, medium and long run. The consequences of COVID-19 will go beyond medicine to cover all other aspects of life and are bound to change the nature of organizations. Moving beyond the medical viewpoint, the experts in this book discuss the topic from multi-dimensional and multi-disciplinary angles by focusing on the domains of technology, business, finance, marketing, law, public administration, and education. 


Author(s): Mustafa Polat, Serhat Burmaoglu, Ozcan Saritas
Series: Science, Technology and Innovation Studies
Publisher: Springer
Year: 2022

Language: English
Pages: 322
City: Cham

Acknowledgements
Contents
Abbreviations
Part I: Introduction
Socio-economic Perspectives of COVID-19
1 Introduction
References
Part II: Economic, Marketing, and Financial Impacts
Macroeconomic Policy in the time of COVID-19 Crisis: Facts, Pitfalls, and Limitations
1 Introduction
2 Economic Implications of COVID-19 Crisis
2.1 Propagation Mechanism of the COVID-19 Crisis
2.2 Sectoral Asymmetries
2.3 Effects on Labor Market
3 Macroeconomic Policies During COVID-19
3.1 Monetary Policy
3.2 Fiscal Policy
4 Concluding Remarks
References
The Socio-Economic Impacts of Uncertainties on Economies: An Analysis of the Expected Impacts of the COVID-19 Pandemic
1 Introduction
2 The Possible Economic Effects of Uncertainties
2.1 The Effects of Uncertainties on Aggregate Demand
2.2 The Effects of Uncertainties on Investment Decisions
2.3 The Effects of Uncertainties on Unemployment
2.4 The Effects of Uncertainties on Foreign Trade
2.5 A General Evaluation from the Perspective of International Organizations
3 Policy Proposals for the New World Order in Post-Pandemic Period
3.1 Possible Structural Changes
3.2 Policy Proposals
4 Conclusions
References
Examination of the Degrowth Theory After COVID-19: American Healthcare Services and China´s Environmental Policies
1 Introduction
2 Growth Theory
3 Sustainable Development Theory
3.1 Sustainable Development and Environment
4 Degrowth
4.1 The Evolution of Degrowth Theory
4.2 Degrowth Theory and Environment
4.3 China and Environment Policies from the Perspective of Degrowth Theory
4.4 The USA and Healthcare System from the Perspective of Degrowth Theory
5 Conclusions
References
The Effects of Psychological Characteristics on Financial Behavior During COVID-19
1 Introduction
2 The Effects of Psychological Characteristics on Financial Management and Behavior
2.1 Financial Management and Behavior
2.2 Optimism
2.3 Preference for Deliberation
2.4 Self-Control
2.5 Mental Budgeting
2.6 Financial Anxiety
2.7 Perceived Stress
3 Conclusion
References
Post-industrial, Post-pandemic? The Service Economy in the Wake of COVID-19
1 Introduction
2 Crisis? What Crisis?
3 Services Then and Now
4 Service Innovations
5 Coronacrisis and Service Work
6 Beyond the Coronacrisis
7 Services Responses: Self-Service and Digital Innovations
7.1 Transport
7.2 Trade and Financial Services
7.3 HORECA
7.4 Information and Communication Services
7.5 KIBS and Business Services
7.6 Public Services
7.7 Cultural, Entertainment and Personal Services
7.8 Service Contexts
8 Conclusion
9 Update 2021
References
Part III: Science, Technology, and Innovation Impacts
Rethinking Global Business: Resilience in the Face of Pandemic
1 Introduction
2 Pre-pandemic Global Economy: Pressures on Globalization
3 The Covid-19: An Exogenous Shock to the Global Economy
4 Post-pandemic Global Economy
4.1 Post-pandemic Global Investment: Reconfiguration of the Foreign Investment
4.2 Post-pandemic Global Value Chains
4.3 Post-pandemic Global Trade: The Rise of the Protectionism
5 Final Remarks
References
How COVID-19 Pandemic Brings out New Consumer Types: PanSumer Definition and Practice
1 Introduction
2 Literature Review
3 Six Stages: From Consumer to PanSumer
4 What Is Next? What Will Happen After the Pandemic?
5 Conclusion
References
Shifts in Digital Technologies´ Implementation During the COVID-19 Pandemic: The Case of Russia
1 Introduction
2 Literature Review
3 Methodology
4 Results
4.1 Identifying Main Technological Areas for Further Consideration
4.2 Digital Technology Application in COVID-Tech
4.3 COVID-Tech and Innovations Support Measures During the Pandemic
4.4 The Impact of COVID-19 Pandemic on the Digital Technologies (Case of Russia)
5 Conclusion
References
The Role of Robots Supporting Healthcare Staff in the Fight Against Pandemics
1 Introduction
2 Robots
2.1 What Is a Robot?
2.2 Medical Robots
3 COVID-19 and Healthcare Workers
4 New Roles of Robots During Pandemic
5 Conclusion
References
Part IV: Social and Policy Impacts
Rethinking the City Image and City Sustainability After the COVID-19 Pandemic from the City Marketing Approach: Challenges and...
1 Introduction
2 City Image and City Sustainability from the City Marketing Perspective
2.1 City Image and City Marketing
2.2 City Sustainability and City Marketing
3 City Image and City Sustainability in Times of Crisis and Outbreak and Aftermath
3.1 Cities in the COVID-19 Pandemic
3.2 Post-pandemic City Marketing Strategies with a Focus on City Sustainability and City Image
Review City´s Value Propositions
Include Permanent Consumer Trends in Strategic City Marketing Planning
Enhance City Brand Image and Identity
Transform Technology Learned into Experience for Stakeholders
Think of Crises as the New Normal
4 Conclusion, Discussions, and Suggestions
References
What Is Next for the Tourism Industry After COVID-19?
1 Introduction
2 Tourism as an Economic Development Tool and Factors Affecting Tourism
3 The Effects of Epidemics and Pandemics and Its Relationship with Tourism
3.1 COVID-19 and Its Effects on Tourism in Different Dimensions
3.2 What Is the Effect of Tourism on the Spread of COVID-19?
4 What Is Next for the Tourism Industry After COVID-19?
5 Conclusion and Recommendations
References
Internet References
The Transforming Context of Global Economy and Mobility Regimes: Forecasts About the Migrant Positions in the Light of the COV...
1 Introduction and the Conceptual Framework
2 The Transformed Context of Global Mobility in the Post-1990 Period
3 The Regional Impacts of COVID-19 in Italy and Rethinking the Migrant Positions in the Light of Chinese Immigrants in Italy
4 Future Reconfiguration of Global Mobility and Inequality Within the Context of COVID-19
5 Conclusionary Points
References (Below Are Examples to Indicate Formatting of References)
Science, Technology, and Innovation Policy in Response to the COVID-19 Crisis: The Case of Russia
1 Introduction
2 STI Policy in the Time of COVID-19: International Context
3 STI Development Trends in Russia
4 Transformation of Russia´s STI Policy Model
4.1 Evolution of the Strategic Policy Agenda after 2010
4.2 Implementation of the Strategic Goals
4.3 STI Policy During the COVID-19 Crisis
5 In Lieu of Conclusion: Switching to a Long-Term Strategic Agenda
References
COVID-19 Measures Adopted by the Provisional Article 13 of the Turkish Commercial Code on the Limitation of Companies´ Dividen...
1 Introduction
2 Regulatory Restriction on the Distribution of Dividends
2.1 Right to Dividend
2.2 Resolution on the Distribution of Dividends
2.3 What Does a Legal Limitation on Dividend Distribution Mean for Companies?
3 Rethinking the Purpose of Companies
3.1 Purpose of Profit: Shareholder Primacy Versus Responsible Business
3.2 The Rise of Responsible Business: Examples and Implications
4 Conclusions
References
Part V: Conclusion
Getting Prepared for the Unexpected: What Was Learned from COVID 19?