Sustainable Development and Digitalization

The Unusual Covid-19 Crisis Requires Original Solutions

Bibliographic Data

ID6151701
AuthorsTatyana Lanshina (Moscow Power Engineering Institute), Вера Баринова (0000-0002-9596-4683, Moscow Power Engineering Institute), Andrei Kondratiev, М Г Романцов (Moscow Power Engineering Institute)
Year2020
Volume15
Issue4
Pages91-114
Publication date2020-12-01
Open AccessYes
TypeARTICLE
VenueInternational Organisations Research Journal (JOURNAL)
Journal identifiersISSN: 1996-7845 • E-ISSN: 2542-2081
PublisherNational Research University, Higher School of Economics (HSE) (PUBLISHER)
DOI10.17323/1996-7845-2020-04-05
OpenAlexW3129352612
LanguageEN
References cited5

This article provides a content analysis of over 20 policy proposals for coping with the COVID-19 crisis that have been published by influential international organizations, governments, corporations, academics and civil society groups. The current situation, the role of digitalization during the crisis, and the composition of anti-crisis measures already taken by the world’s largest economies are investigated, and long-term measures are proposed aimed at restoring the global economy and moving toward more equitable and sustainable development.The authors identify a significant green component in public policy proposals published since the pandemic began and note that many proposals relate to equity and inclusiveness in development and meeting the needs of individuals. The authors further identify key areas of sustainable development that require action in the near future and which can create new opportunities for economic development: renewable energy and clean transport, cyclical economy, digitalization and environmental protection. At the same time, it is noted that the transition to a green economy is of a long-term nature and may conflict with the need in the short term to support the economy in overcoming the crisis.These priority areas for government action require attention within the framework of Russia’s anti-crisis policy. Given the sharp drop in oil prices, the acceleration of digitalization and decarbonization, and the magnitude of the 2020 economic crisis, Russia needs to begin an accelerated transition to low-carbon energy, a cyclical economy and the restoration of its ecosystems with accelerated digitalization

Business · Civil society · Development economics · Economic policy · Economic recovery · Economic system · Economics · Economy · Equity (law · Green Economy · Macroeconomics · Political science · Sustainable development · COVID-19, Geopolitics, Technology, Migration · Digital Economy and Transformation · Economic and Technological Developments in Russia

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