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The World Economy’s Development After the COVID-19 Crisis: Sustainability and Stability vs. Quick Digital Growth

Author

Listed:
  • Elena G. Popkova

    (Рeoples’ Friendship University of Russia (RUDN University))

  • Bruno S. Sergi

    (USA and University of Messina)

Abstract

This paper aims to model the cause-and-effect relationships between the world economy’s digital development and sustainable living. A broad selection of developed and developing countries examines what the world economy would have looked like without the crisis in 2020. Drawing on whether the virus is swept off or merely reduced, the dataset contains a forecast of the world economy for 2022. Being aware of alternative scenarios can be helpful in a wide range of scientific studies. The practical implications of the results of the scenario analysis consist in them allowing for the assessment of opportunities to overcome the COVID-19 viral threat with the help of vaccination.

Suggested Citation

  • Elena G. Popkova & Bruno S. Sergi, 2024. "The World Economy’s Development After the COVID-19 Crisis: Sustainability and Stability vs. Quick Digital Growth," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 5599-5607, June.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:2:d:10.1007_s13132-023-01156-5
    DOI: 10.1007/s13132-023-01156-5
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    References listed on IDEAS

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    1. Toshiyuki Sueyoshi & Youngbok Ryu & Ji-Young Yun, 2021. "COVID-19 Response and Prospects of Clean/Sustainable Energy Transition in Industrial Nations: New Environmental Assessment," Energies, MDPI, vol. 14(4), pages 1-30, February.
    2. D. C. Okeke, 2021. "Prospects for sustainable urban development in Africa – (re)viewed from a planning perspective," International Planning Studies, Taylor & Francis Journals, vol. 26(2), pages 198-217, April.
    Full references (including those not matched with items on IDEAS)

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