Impact of the COVID-19 Pandemic on EU Convergence

Article Economics

Has COVID-19 pandemic crisis changed the EU convergence patterns?

Aleksandra Fedajev et al.

Summary: The Covid-19 pandemic forced EU countries to implement urgent economic stimulus measures, but the lack of coordination and consideration for solidarity principles exacerbated development gaps and may impact the convergence process in the EU.

ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA (2022)

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Article Environmental Sciences

Energy-socio-economic-environmental modelling for the EU energy and post-COVID-19 transitions

Ignacio Cazcarro et al.

Summary: The COVID-19 pandemic has led to temporary drastic reductions in emissions, raising relevant energy questions regarding achieving the Paris Agreement goals. Recovery plans post-pandemic offer an opportunity to deepen the transition towards a low-carbon economy, improving employment, health, and equity. However, potential dangers of short-termism and carbon leakage persist, and it is essential to utilize energy-socio-economic-environmental modeling tools to assess decarbonization options and potential consequences.

SCIENCE OF THE TOTAL ENVIRONMENT (2022)

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Article Business, Finance

Lessons from Remarkable FinTech Companies for the Financial Inclusion in Peru

Patricia Vilcanqui Velazquez et al.

Summary: Financial inclusion is crucial for a country's economic development. This paper analyzes the impact of selected FinTech companies in Kenya, Brazil, Philippines, and Pakistan to draw lessons for improving financial inclusion in Peru. The study found that some companies specialized in mobile money transactions had no impact on other financial services, while another company had a positive impact through its partnership with a microfinance institution.

JOURNAL OF RISK AND FINANCIAL MANAGEMENT (2022)

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Article Geography

Impact of Covid-19 on the convergence of GDP per capita in OECD countries

Vitor Joao Pereira Domingues Martinho

Summary: This study assesses the impact of Covid-19 on GDP per capita in OECD countries using convergence theory and spatial autocorrelation analysis. The findings show that the pandemic disrupted the convergence trend observed from 2017 to 2019, suggesting the need for global policy measures to mitigate socioeconomic consequences.

REGIONAL SCIENCE POLICY AND PRACTICE (2021)

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Article Environmental Sciences

The relation between length of lockdown, numbers of infected people and deaths of Covid-19, and economic growth of countries: Lessons learned to cope with future pandemics similar to Covid-19 and to constrain the deterioration of economic system

Mario Coccia

Summary: The study found that countries with shorter lockdown periods had higher confirmed cases and death rates during the first wave of COVID-19 pandemic, but with higher investments in healthcare, they were able to reduce the fatality rate and apply shorter lockdowns with less negative effects on the economic system.

SCIENCE OF THE TOTAL ENVIRONMENT (2021)

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Article Green & Sustainable Science & Technology

Innovation as a Determinant of Growth in Outperforming Emerging Markets: An Analysis of South Korea

Tina Maria Hintringer et al.

Summary: This research focuses on the quantative aspects of innovation and its impact on the economy, specifically in South Korea. Through case studies and data analysis, it was found that the number of researchers per million people and the patent grants of residents have significant influences on economic growth.

SUSTAINABILITY (2021)

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Article Business, Finance

E.U. and China Trends in Trade in Challenging Times

Irena Jindrichovska et al.

Summary: The sudden outbreak of COVID-19 posed a challenge to the world economy. The decline in global trade has affected China as a major trading partner of electronic devices and medical supplies. The changes in demand have led to alterations in commodities structures and the reorientation of Chinese export production.

JOURNAL OF RISK AND FINANCIAL MANAGEMENT (2021)

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Article Business, Finance