From Permacrisis to Technological Breakthrough: Prospects for the Global Economy Post-COVID-19
A special issue of Economies (ISSN 2227-7099).
Deadline for manuscript submissions: 31 July 2024 | Viewed by 1667
Special Issue Editor
Special Issue Information
Dear Colleagues,
On the 10 May 2023, after around 766 million cumulative COVID-19 cases worldwide and nearly 7 million deaths from the disease, the WHO officially declared the end of COVID-19 as a Global Health Emergency. Despite enormous efforts relying mainly on expansionary fiscal policies (NextGenerationEU, Biden stimulus, etc.), the GDP growth rate forecasts are not satisfactory, especially for advanced countries. The global economic contradictions preceding the emergence of the pandemic appear to present similar characteristics now. A shrinking middle class, income inequality, inflation, unemployment, job insecurity, and relative as well as absolute poverty are issues that do not seem to have left the contemporary world. This aside, in the background, the challenge of technological “leapfrogging”— represented by the adoption of AI and related innovations (the metaverse, etc.)—can potentially create new scenarios. The aim of this Special Issue is to identify what the prospects are for the world economic system after a health crisis of unprecedented dimensions and the dawn of new technological change that could substantially alter the main features of the capitalist mode of production. Contributions relating to studies on income distribution, the labor market, wages, technological change, and growth, from both empirical and theoretical perspectives, will be considered.
Dr. Francesco Schettino
Guest Editor
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Keywords
- capitalist crisis
- IA and big data
- innovation and new technologies
- functional and personal income distribution
- global distribution of income and poverty
- polarization and the middle class
- wealth distribution and concentration
- social and class conflicts