Transition, Vol. 24 No. 47, 2021.
Preliminary communication
NEW ECONOMY: CHANGES AND ADJUSTMENTS, THE BIGGEST CHALLENGES FOR SUSTAINABLE AND INCLUSIVE GROWTH
Tahir Mahmutefendić
; Sarajevo School of Science and Technology
Petar Đukić
; University of Belgrade Faculty of Technology and Metallurgy, Serbia
Abstract
Today’s world as a whole is in turmoil. Multiple challenges shake its current structures, which are changing intensively and forcibly adapting to novelties. Many of these earthquakes affect the state and outlook of the global economy and politics. Today, all forecasts of global economic activity for the current and next year must count on the consequences and uncertainties of the latest pandemic and new wave of migration. The world has failed to respond to the challenges of growing risks from climate change, artificial intelligence or adverse demographic trends. This is understandable because such answers are sought in the long run. However, increased uncertainty increases risks of all kinds. Many regional communities of nations, as well as the world community as a whole, will need to pay much more attention to systematic risk management in the coming decades. The basic hypothesis of this paper is that accepting change and successfully adapting to global trends is a more adequate strategic agreement of society than strategic confrontation. This is largely related to climate change, the challenges of inequality, demographic fluctuations ...But humanity in many situations must react smartly, measured, unique and controlled. Experiences with pandemics, failures of climate actions and failed migrant "strategies" point to this the most. In this paper, based on the analysis of document content and a range of statistics, we will look for opportunities and opportunities for sustainable, socially and environmentally efficient management of global resources to control negative outcomes, primarily in economic terms.
Keywords
natural risks, global growth, pandemics, climate change, instability, global social cooperation.
Hrčak ID:
295048
URI
Publication date:
7.3.2023.
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