This book analyzes the changes brought on to economic and business activities in Latin America due to the new scenarios, environments and social dynamics the world is facing as a result of the COVID-19 pandemic, at both micro- and macroeconomic levels.
Recent changes to working environments has brought discussions on work-life balance to the forefront, and creating support mechanisms to attract and retain the next generation of workers has become a primary focus for talent managers. At an industry level, there are expectations that once the crisis passes, there will be massive capital inflows toward ESG investments in emerging markets driving the transformation of companies. Consequently, ESG business models will have a cascading effect in the whole supply chain (upstream, midstream and downstream) and will generate greater value for all stakeholders. At the same time, technologies of the fourth industrial revolution, such as Blockchain and Artificial Intelligence, have gradually been adopted by companies leading the charge in ESG business models. The financial sector has taken the lead in these two technologies, but the challenge generated by the COVID-19 pandemic forced other sectors to innovate rapidly in order to remain afloat. Using empirical and theoretical frameworks, the contributors in this book identify the most attractive alternatives to benefit consumers in an adverse environment like the one the world is facing as a result of the COVID-19 pandemic, which while posing a significant challenge for most industries, has also created new opportunities for innovation and ingenuity, analyzing case studies from the coffee and medical tourism sectors in particular.
Author(s): Griselda Dávila-Aragón, Salvador Rivas-Aceves
Publisher: Springer
Year: 2021
Language: English
Pages: 211
City: Cham
Foreword
Contents
The Impact of SARS-CoV-2 on Economic Activity of Mexico in 2020
1 Introduction
2 ARIMA Models with Intervention
3 Estimates and Results
4 Conclusions and Discussion
References
Survival Likelihood of Micro and Small Businesses Facing a Catastrophe
1 Introduction
2 Literature Review
3 BCP Design and Pitfalls
4 Methodology
5 Scenario Analysis
6 Conclusions
References
How Covid-19 Has Accelerated the Garment and Financial Investment Industries’ Adoption of Environmental, Social and Corporate Governance (ESG) Standards
1 Introduction
2 The Textile and Apparel Industry Transform to Face Consumers Demanding an ESG Perspective
3 Key Elements for a Transition to an ESG Industry
4 The ESG Investment Revolution Will Transform Financial Markets
5 Have ESG Investing a Better Performance Than Other Assets?
6 Conclusions, Challenges and Opportunities of an ESG Global Transition
References
Contagion Adverse Degree, Income Inequality and Economic Growth
1 Introduction
2 Economic Fundamentals
3 Macroeconomic Equilibrium
4 Distributional Dynamics
5 Long-Run Shocks
6 Conclusions
References
Forecasting the Effects of the COVID-19 Crisis on Economic Growth and the Microfinance Sector in Latin America: An Approach with Fuzzy Neural Networks
1 Introduction
2 Theoretical-Methodological Review: Effects of the Economic Crisis on the Microfinance Sector
3 Sugeno-Type Autoregressive Neural Network with Pentagonal Membership Function
4 Forecast of the Macroeconomic Environment in Latin American Countries Derived from COVID-19
5 Expected Impact on the Microfinance Industry Caused by the COVID-19 Economic Crisis
6 Conclusions
References
Balancing Work, Family, and Personal Life in the Mexican Context: The Future of Work for the “COVID-19 Generation”
1 Introduction
2 Balancing Work, Family and Personal Life
3 Work-life Balance and Generations Y and Z in the Mexican Context
3.1 Methods
3.2 Model and Variables
3.3 Machine Learning Analysis
4 Results and Discussion
5 Conclusion
Appendix: Machine Learning Analysis
References
Medical Tourism in Mexico. Analysis of the Economic and Technological Model in the COVID-19 Pandemic Era
1 Introduction
2 Theoretical Framework
3 Methodology
4 Financial Results and Analysis
5 Conclusions
References
Small Coffee Companies and the Impact of Geographical Indications as Productive Innovation in Mexico in the New Reality
1 Introduction
2 Theoretical and Methodological Framework for the Analysis of Global Value Chains for the Coffee Producers in Pluma Hidalgo, Oaxaca
3 The Production of Coffee in Oaxaca, Mexico
4 History of Production in the Protected Region and Its Value Chain Analysis
5 Input-Output Dimension
6 The PDO as an Innovative Proposal in the New Reality for Small Coffee Producers in Pluma Hidalgo
7 Conclusions
References
Corporate Social Responsibility Informing Crisis Management for Stakeholder Satisfaction: From Survival Mode to Survivability in a Pandemic
1 Introduction
2 Literature Review
3 Survivability
4 Concluding Remarks
References
Artificial Intelligence & Blockchain: The Path to Generate Value for Companies After the COVID-19 Pandemic
1 Introduction
2 DLT Technology-Blockchain is Generating New Business Models with High Value
3 Conclusion
References