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Industry Redesign Directions in the Context of the COVID-19 Pandemic

Author

Listed:
  • Andrei Nemirschi

    (“Ovidius†University of Constanta)

  • Diane Paula Corina Vancea

    (“Ovidius†University of Constanta)

Abstract

The article presents the main changes that have occurred in key areas of the economy (hospitality, education, culture) severely affected by the COVID-19 pandemic. In parallel, the answers of the main economic agents, the governments, but also the challenges to which we have to find solutions in the future are highlighted. Representing a review of the specialized literature published in the period 2020-2021, after the onset of the pandemic and the implementation of measures to limit its spread, this article captures the specific challenges that each of these three areas must face and it identifies the possible public policies which can be applied in the immediate and future perspective in order to improve the situation of these economic sectors, in particular, and the economy as a whole, in general. The article highlights the role of the Fourth Industrial Revolution in finding appropriate answers to how economic development will take place in the future so that it may become safer, more sustainable, and more inclusive.

Suggested Citation

  • Andrei Nemirschi & Diane Paula Corina Vancea, 2020. "Industry Redesign Directions in the Context of the COVID-19 Pandemic," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 418-423, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:418-423
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    References listed on IDEAS

    as
    1. Giorgio Di Pietro & Federico Biagi & Patricia Costa & Zbigniew Karpinski & Jacopo Mazza, 2020. "The likely impact of COVID-19 on education: Reflections based on the existing literature and recent international datasets," JRC Research Reports JRC121071, Joint Research Centre.
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    More about this item

    Keywords

    industry redesign; Imagination Age; education; hospitality; culture;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • I20 - Health, Education, and Welfare - - Education - - - General
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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