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The Sustainability of Digital Networks and Globalisation, the Key to Resilience?

Author

Listed:
  • Emilia Titan

    (Bucharest University of Economic Studies, Romania)

  • Simona-Andreea Apostu

    (Bucharest University of Economic Studies, Romania)

  • Mihaela Mihai

    (Bucharest University of Economic Studies, Romania)

  • Dorel Paraschiv

    (Bucharest University of Economic Studies, Romania)

  • Daniela Manea

    (Bucharest University of Economic Studies, Romania)

Abstract

Rethinking the concept of resilience in the post-pandemic period is urgently needed considering an uncertain and unpredictable future. To identify the necessary solutions for the recovery of the economy, the involvement of all actors in the socio-economic and political environment is vital. Consolidating regional development, intensifying global cooperation, and developing sustainable business models in the field of digital entrepreneurship are necessary pillars in revitalising the economy and creating a sustainable economy. In this context, using data for the countries of the European Union, it was shown, using statistical methods of multivariate analysis, that globalisation and digitalisation are necessary to achieve resilience. Thus, new opportunities are opening up for creating development strategies that can prepare socio-economic systems for future shocks and uncertainties.

Suggested Citation

  • Emilia Titan & Simona-Andreea Apostu & Mihaela Mihai & Dorel Paraschiv & Daniela Manea, 2023. "The Sustainability of Digital Networks and Globalisation, the Key to Resilience?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(S17), pages 950-950, November.
  • Handle: RePEc:aes:amfeco:v:25:y:2023:i:s17:p:950
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    References listed on IDEAS

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    More about this item

    Keywords

    resilience; globalisation; digitalisation; networks; sustainability; multivariate analysis;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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