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Keywords = global political and economic events

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24 pages, 1717 KB  
Article
The Driving Forces of Governments’ Positions on International Events: A Systemic Case Study
by Zhiyong Hao, Meiying Xie, Xu Zhu, Jiawei Liu, Xiao Han, Linru Zhang, Lu Dong, Chanjun Liu, Junji Cao, Zhanfeng Dong and Yichen Wang
Systems 2026, 14(6), 609; https://doi.org/10.3390/systems14060609 - 26 May 2026
Viewed by 553
Abstract
The analysis of publicly expressed opinions on social media is crucial for designing effective behavioral public policies. By considering both social-media-based public opinion (operationalized as individual, non-representative expressions) and official governmental positions (formal policy statements), this paper employs a systemic case study to [...] Read more.
The analysis of publicly expressed opinions on social media is crucial for designing effective behavioral public policies. By considering both social-media-based public opinion (operationalized as individual, non-representative expressions) and official governmental positions (formal policy statements), this paper employs a systemic case study to understand the political and social factors that influence decision-making in major international events such as Japan’s nuclear wastewater discharge. Using Latent Dirichlet Allocation topic clustering and correlation analysis, this study examines public opinion from five language groups (Chinese, English, Japanese, Korean, and Indonesian, each mapped to a primary country or region: China, the US/UK as representative English-speaking countries, Japan, South Korea, and Indonesia respectively) regarding Japan’s nuclear wastewater discharge, compares governmental attitudes across these five national contexts, and identifies the factors behind their divergence. Public opinion was clustered into six themes; combined with domain expert analysis, they vary significantly across countries that speak different languages in our translated Twitter corpus, though translation artifacts may affect fine-grained comparisons. Public opinion as expressed on Twitter/X is closely associated with a country’s level of international engagement, maritime industry development, and geographic distance from Japan. Furthermore, exploratory analysis of a small set of six countries suggests that governmental positions are influenced more by strategic and economic ties with Japan than by domestic public opinion. Given the small sample size, this finding is preliminary and requires validation in larger-N studies. Public and government opinions on Japan’s nuclear wastewater discharge are sharply divided in the English- and Japanese-language corpora (representing the US/UK and Japan), polarized in the Korean-language corpus (South Korea), and relatively aligned in the Chinese- and Indonesian-language corpora (China and Indonesia). These findings regarding the entire international event system suggest that governments should take public opinion into greater account when addressing international public crises and encourage broader public participation through digital platforms to better respond to global challenges. However, due to the inherent limitations of cross-lingual translation, our cross-country comparisons should be interpreted as indicative rather than definitive. Full article
(This article belongs to the Section Systems Practice in Social Science)
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25 pages, 867 KB  
Review
Integrating Sustainability into Monetary Policy to Address Climate Change—A Critical Literature Review
by Aleksandra Nocoń
Sustainability 2026, 18(10), 4791; https://doi.org/10.3390/su18104791 - 11 May 2026
Viewed by 922
Abstract
Climate change is one of the major global challenges of modern times. It also poses a significant threat to price stability—the major objective of modern central banks. It creates the risk of stagflation, as it can lead to price increases (due to the [...] Read more.
Climate change is one of the major global challenges of modern times. It also poses a significant threat to price stability—the major objective of modern central banks. It creates the risk of stagflation, as it can lead to price increases (due to the increased frequency of extreme weather events, which will impact food production) and simultaneously weaken economic activity (due to lower productivity resulting from temperature changes). Climate change and political pressure have sparked a lively scientific debate on whether and how central banks should adapt their monetary policy frameworks to support efforts to stop climate change. Although the literature analyzes actions undertaken by monetary authorities in the areas of sustainable finance and climate risk analysis, this research still needs to be developed and disseminated. Therefore, the main aim of this article is to theoretically analyze the integration of climate issues with the monetary policy of modern central banks. This article provides a theoretical and integrative analysis of the role of modern central banks in addressing climate change, with a particular focus on implications for monetary policy. The study is based on a structured critical literature review and desk research, employing a transparent, multi-stage selection and analysis process, based on the PRISMA approach. The article contributes to the existing literature by offering a systematic synthesis of the main approaches to integrating climate-related considerations into central banking. The analysis organizes the literature into distinct analytical strands, including institutional and coordination-based initiatives, theoretical justifications for central bank involvement, debates on mandates and independence and the development of green monetary policy instruments. The findings suggest that the integration of climate considerations into monetary policy is feasible primarily within a risk-based and prudential framework, while more interventionist approaches may generate tensions with the primary objective of price stability. At the same time, the literature reveals persistent trade-offs between market neutrality and active policy intervention, as well as between institutional constraints and policy effectiveness. The study highlights that climate-related measures are often implemented through macroprudential, supervisory and financial stability functions, which complement rather than substitute monetary policy in the strictest sense. The article contributes to a more coherent understanding of the evolving role of central banks in the context of climate change by synthesizing a fragmented body of research and identifying key conceptual tensions that remain unresolved. Full article
(This article belongs to the Special Issue Recent Advances in Environmental Economics Toward Sustainability)
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26 pages, 1599 KB  
Article
The Wealth Gap in World Heritage—Economic Disparity and State Fragility as Factors of World Heritage Preservation
by Zsuzsanna Bacsi
Heritage 2026, 9(4), 155; https://doi.org/10.3390/heritage9040155 - 16 Apr 2026
Viewed by 1278
Abstract
The importance of heritage in global development is a well-established fact, and according to UNESCO the preservation and protection of the cultural and natural heritage of the world should be among the priorities of the global community. This is necessitated by the fact [...] Read more.
The importance of heritage in global development is a well-established fact, and according to UNESCO the preservation and protection of the cultural and natural heritage of the world should be among the priorities of the global community. This is necessitated by the fact that heritage has been continuously destroyed over time by war and terrorism, modernisation, urbanisation, and climate change. World Heritage sites are global treasures of unique value, and their protection requires efforts on the international scale. Countries may raise resources for maintaining and preserving their endangered World Heritage sites, and for those inscribed on the List of World Heritage in Danger they may apply for international assistance from UNESCO as well. Case studies and examples show that economic affluence and state stability considerably influence the conservation of World Heritage sites. This research investigates the correlation between national economic development and the conservation status of UNESCO World Heritage sites. By analysing data from 31 countries as homes of sites inscribed on the List of World Heritage in Danger, this study examines the relationship between GDP per capita, the volume of international assistance, and the “In Danger” status of sites, adding control factors such as the fragile state index, encompassing threats of war and internal conflicts, and extreme climate events. To the author’s best knowledge, no such comparative assessment between development level and international assistance to sites inscribed on the list has been attempted before, so this quantitative analysis is a novel approach of the outlined problem area. The findings aim to demonstrate whether the current global heritage framework effectively supports lower-income nations or if financial disparity remains the primary driver of heritage loss in the face of global climate change and political factors. The main research question is whether the socio-economic status of a nation will remain a stronger predictor of heritage survival than the actual severity of environmental threats, maintaining a “heritage divide” between the Global North and the Global South. This research concludes with recommendations for a more equitable financial model to safeguard universal values in an age of increasing uncertainty. Full article
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40 pages, 2846 KB  
Article
Scenario-Based Cost Analysis of Scaling Up Hydroponic Rubber Dandelion (Taraxacum kok-saghyz) Production to Supply Domestic Rubber Needs
by Nathanial P. King-Smith and Katrina Cornish
Processes 2026, 14(7), 1146; https://doi.org/10.3390/pr14071146 - 2 Apr 2026
Viewed by 1333
Abstract
Natural rubber (NR) is essential to the medical, industrial, defense and transportation industries. Alternative rubber crops are needed to supplement increasing rubber demands which cannot be met by the tropical rubber tree, Hevea brasiliensis, and to protect supplies in the event of [...] Read more.
Natural rubber (NR) is essential to the medical, industrial, defense and transportation industries. Alternative rubber crops are needed to supplement increasing rubber demands which cannot be met by the tropical rubber tree, Hevea brasiliensis, and to protect supplies in the event of a rubber tree crop collapse, political strife or a pandemic disrupting global rubber supply chains. Taraxacum kok-saghyz, rubber dandelion, has high-molecular-weight NR, substantial rubber content and the ability to grow in temperate regions. It can also grow hydroponically or aeroponically in controlled environments. This work presents a scenario-based cost analysis of requirements to scale up hydroponic rubber dandelion to replace the 1 million metric tons of imported rubber consumed annually by United States manufacturers. Two scale-up scenarios were considered: a single-level, deep water culture greenhouse and an indoor, ten-level hydroponic vertical farm built in a warehouse. Fuel usage, operating costs, electricity consumption, beneficial insect applications, fertilizers, cooling, and more were included for each case. The costs of operation and construction were compared to the value of products to determine potential annual profit. Sensitivity analyses revealed several scenarios which would drastically improve the economics of the hydroponic facilities. A combination of multiple factors may allow economic feasibility. Hydroponic rubber dandelion production can be profitable on a small scale (up to 15 MT of TNR/year) provided leafy greens and inulin are included as coproducts. The validity of scaling up such a system to 100,000 MT TNR/year to meet 10% of US manufacturing requirements depends heavily on successful research-based gains in TNR concentration and root size, the difference in TNR price between a commodity price and a specialty NR, and upon whether or not tropical rubber tree NR is able to continue to provide a stable source of NR for the US. Full article
(This article belongs to the Section Materials Processes)
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23 pages, 934 KB  
Systematic Review
Adapting to Electoral Changes: Insights from a Systematic Review on Electoral Abstention Dynamics
by Nuno Almeida and Jean-Christophe Giger
Societies 2025, 15(11), 308; https://doi.org/10.3390/soc15110308 - 7 Nov 2025
Cited by 2 | Viewed by 3505
Abstract
Electoral abstention has emerged as a critical challenge to democratic legitimacy, with rising rates observed globally. For example, in Portugal, the turnout declined from 91.5% in 1975 to 51.4% in 2022. This systematic review synthesizes multidisciplinary literature to identify key determinants of voter [...] Read more.
Electoral abstention has emerged as a critical challenge to democratic legitimacy, with rising rates observed globally. For example, in Portugal, the turnout declined from 91.5% in 1975 to 51.4% in 2022. This systematic review synthesizes multidisciplinary literature to identify key determinants of voter nonparticipation and their interactions, aiming to inform adaptive strategies to enhance civic engagement amid social, organizational, and technological changes. Following PRISMA guidelines, we searched five databases (Academic Search Complete, MEDLINE, Psychology and Behavioral Sciences Collection, PsycINFO, and Web of Science) from 2000 to August 2025 using terms such as “electoral abstention” and “non-voting.” Inclusion criteria prioritized quantitative empirical studies in peer-reviewed journals in English, Portuguese, Spanish, or French, yielding 23 high-quality studies (assessed via MMAT, with scores ≥ 60%) from 13 countries, predominantly the USA and France. Results reveal abstention as a multidimensional phenomenon driven by three interconnected categories: individual factors (e.g., health issues like smoking and mental health trajectories, institutional distrust); institutional factors (e.g., electoral reforms such as biometric registration reducing abstention by up to 50% in local contexts, but with mixed outcomes in voluntary voting systems); and contextual factors (e.g., economic inequalities and urbanization correlating with lower turnout, exacerbated by events like COVID-19). This review underscores the need for integrated public policies addressing these factors to boost participation, particularly among youth and marginalized groups. By framing abstention as an adaptive response to contemporary challenges, this work contributes to the political psychology and democratic reform literature, advocating interdisciplinary approaches to resilient electoral systems. Full article
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19 pages, 845 KB  
Review
Drivers and Consequences of Viral Zoonoses: Public Health and Economic Perspectives
by Anirban Banik and Soumya Basu
Zoonotic Dis. 2025, 5(4), 32; https://doi.org/10.3390/zoonoticdis5040032 - 3 Nov 2025
Cited by 13 | Viewed by 7959
Abstract
Viral zoonoses or viral pathogens transmitted from animals to humans—constitute a rapidly intensifying global health and economic challenge. They are responsible for an estimated 2.5 billion illnesses and 2.7 million deaths annually, representing nearly 60% of all infectious diseases and 75% of newly [...] Read more.
Viral zoonoses or viral pathogens transmitted from animals to humans—constitute a rapidly intensifying global health and economic challenge. They are responsible for an estimated 2.5 billion illnesses and 2.7 million deaths annually, representing nearly 60% of all infectious diseases and 75% of newly emerging infections. Recent outbreaks, including Coronavirus disease 2019 (COVID-19), Ebola, Nipah, and avian influenza, underscore their capacity to overwhelm health systems, with COVID-19 alone projected to reduce global Gross Domestic Product by USD 22 trillion by 2025 and impose annual healthcare costs of USD 2–3 trillion. Beyond mortality and morbidity, zoonotic events disrupt trade, depress rural livelihoods, and inflict agricultural losses exceeding USD 100 billion per outbreak, with impacts disproportionately borne by low- and middle-income countries. Hotspot regions across tropical North and South America, Asia, and Central Africa remain especially vulnerable due to accelerating land use change, climate variability, and intensified wildlife–human interfaces. While the Global One Health Index highlights high regional heterogeneity, with sub-Saharan Africa scoring lowest, a critical gap persists between the conceptual strength of One Health and its operationalization in resource-limited settings. This review synthesizes evidence on drivers, clinical manifestations, and socioeconomic burdens of viral zoonoses, while highlighting novel perspectives on equity gaps, co-infection dynamics, and limitations of global preparedness initiatives. We argue that current strategies remain over-reliant on donor-driven agendas and insufficiently integrated across sectors. Addressing future zoonotic threats requires prioritizing surveillance in high-risk geographies, integrating epidemiological and economic data for preparedness planning, and supporting context sensitive One Health approaches that confront political, financial, and structural barriers to implementation. Full article
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11 pages, 262 KB  
Commentary
Binding Multilateral Framework for South Asian Air Pollution Control: An Urgent Call for SAARC-UN Cooperation
by Shyamkumar Sriram and Saroj Adhikari
Int. J. Environ. Res. Public Health 2025, 22(11), 1628; https://doi.org/10.3390/ijerph22111628 - 26 Oct 2025
Cited by 2 | Viewed by 1398
Abstract
South Asia’s worsening air pollution crisis represents one of the most urgent public health and environmental challenges of the 21st century. Nearly two billion people—over one-quarter of the global population—reside in this region, where air quality levels routinely exceed World Health Organization (WHO) [...] Read more.
South Asia’s worsening air pollution crisis represents one of the most urgent public health and environmental challenges of the 21st century. Nearly two billion people—over one-quarter of the global population—reside in this region, where air quality levels routinely exceed World Health Organization (WHO) guidelines by factors of 10 to 15. This has translated into an unprecedented health burden, with approximately two million premature deaths annually, widespread chronic respiratory and cardiovascular disease, and rising economic losses. According to recent World Bank estimates, welfare losses amount to over 5% of regional GDP, a figure far exceeding the projected costs of coordinated mitigation. Despite this, South Asia continues to lack a binding regional framework capable of addressing its shared airshed. Existing cooperative efforts—such as the Malé Declaration on Control and Prevention of Air Pollution (1998)—have provided a useful platform for dialog and pilot monitoring, but they remain voluntary, under-resourced, and insufficient to manage the transboundary nature of the crisis. National-level programs, including India’s National Clean Air Programme (NCAP), Bangladesh’s National Air Quality Management Plan (NAQMP), and Nepal’s National Air Quality Management Action Plan (AQMAP), demonstrate domestic commitment but are constrained by fragmentation, limited financing, and lack of regional integration. This gap represents the central knowledge and governance challenge that prompted the present commentary. To address it, we propose a dual-track architecture designed to institutionalize binding regional cooperation. Track A would establish a United Nations-anchored South Asian Transboundary Air Pollution Protocol, under the auspices of the United Nations Environment Programme, the World Health Organization (WHO), and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). This protocol would codify legally enforceable emission standards, compliance committees, financial mechanisms, and harmonized monitoring. Track B would establish a South Asian Association for Regional Cooperation (SAARC) Prime Ministers’ Council on Air Quality (SPMCAQ) to provide political leadership, align domestic implementation, and authorize rapid responses to cross-border haze events. Lessons from the Indian Ocean Experiment, the ASEAN Agreement on Transboundary Haze Pollution, and Europe’s Convention on Long-Range Transboundary Air Pollution demonstrate that legally binding agreements combined with high-level political ownership can achieve durable reductions in pollution despite geopolitical tensions. By situating South Asia within these global precedents, the proposed framework provides a pragmatic, enforceable, and politically resilient pathway to protect health, reduce economic losses, and deliver cleaner air for nearly one-quarter of humanity. Full article
(This article belongs to the Section Environmental Sciences)
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17 pages, 608 KB  
Review
Women Through the COVID-19 Pandemic: Challenges, Consequences, and Resilience
by Pascal L. Ghazalian
Encyclopedia 2025, 5(4), 167; https://doi.org/10.3390/encyclopedia5040167 - 15 Oct 2025
Viewed by 2649
Abstract
The COVID-19 pandemic represents an unprecedented event in contemporary history, with far-reaching repercussions for the global economy and society. This article examines the economic challenges and consequences of this pandemic for women. It further explores the pandemic effects on women’s health and well-being, [...] Read more.
The COVID-19 pandemic represents an unprecedented event in contemporary history, with far-reaching repercussions for the global economy and society. This article examines the economic challenges and consequences of this pandemic for women. It further explores the pandemic effects on women’s health and well-being, exacerbated by the limited access to basic healthcare and mental health resources, and it points out the challenges facing women in frontline occupations (namely, healthcare). This article also highlights the alarming surge in domestic violence and abuse against women during the pandemic, aggravated by lockdown measures and isolation from support networks. In addition, this article discusses various social and political implications of this pandemic for women, and it reveals how women demonstrated significant resilience over the pandemic-related struggles. The implications of the COVID-19 pandemic are likely to persist in the post-pandemic era as they intersect with ongoing social and economic transformations and new events/crises. At this point, it remains to be determined to what extent this pandemic has decelerated (or even reversed) the progress that was made over the past few decades in terms of reducing gender inequality and enhancing women’s social status, and to what degree women’s resilience in the face of this pandemic has mitigated its adverse effects on their economic opportunities and social positions. Nevertheless, this article aims to provide a reference for governments, women’s organizations, and policymakers in assessing the implications of this pandemic for women and in designing sustained and targeted measures to support women vis-à-vis future crises. Full article
(This article belongs to the Section Social Sciences)
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36 pages, 4370 KB  
Review
A State-of-the-Art Review on Nuclear Reactor Concepts and Associated Advanced Manufacturing Techniques
by Lisa May and Martin Werz
Energies 2025, 18(16), 4359; https://doi.org/10.3390/en18164359 - 15 Aug 2025
Cited by 4 | Viewed by 6835
Abstract
The political commitment to reaching carbon-free energy generation by the year 2050 has led to an increased expansion of renewable energy power plants. As renewable energy generation is intermittent and current energy storage options are limited, a diversified energy grid including nuclear power [...] Read more.
The political commitment to reaching carbon-free energy generation by the year 2050 has led to an increased expansion of renewable energy power plants. As renewable energy generation is intermittent and current energy storage options are limited, a diversified energy grid including nuclear power is the preferable choice for most nations. Many innovative reactor concepts are being pursued in research and development, aiming to supplement fluctuating energy sources. However, it is yet unclear if these technologies can be economically deployed in time. This paper presents the current political views and events concerning the global expansion of nuclear energy, focusing on Europe and the USA. Further, the most important safety aspects of large nuclear power plants are discussed. Moreover, knowledge and definition gaps regarding the applicability of established procedures for innovative reactor concepts are included. The authors highlight that advanced manufacturing techniques play a key role in the economic and technical realization of innovative reactor concepts. The present work is intended to provide insight into current developments in nuclear technology while providing more detail on safety aspects and innovative manufacturing methods. Full article
(This article belongs to the Section B4: Nuclear Energy)
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38 pages, 2503 KB  
Article
Volatility Spillovers Between the U.S. and Romanian Markets: The BET–SFT-500 Dynamic Under Political Uncertainty
by Kamer-Ainur Aivaz, Lavinia Mastac, Dorin Jula, Diane Paula Corina Vancea, Cristina Duhnea and Elena Condrea
Risks 2025, 13(8), 150; https://doi.org/10.3390/risks13080150 - 13 Aug 2025
Cited by 1 | Viewed by 2346
Abstract
This paper analyzes the volatility relationship between the Romanian BET index and the U.S. SFT-500 index during the period 2019–2024, with a particular focus on the impact of political and geopolitical shocks. The study investigates whether financial markets in emerging economies react symmetrically [...] Read more.
This paper analyzes the volatility relationship between the Romanian BET index and the U.S. SFT-500 index during the period 2019–2024, with a particular focus on the impact of political and geopolitical shocks. The study investigates whether financial markets in emerging economies react symmetrically or asymmetrically to external shocks originating from mature markets, especially during periods of political uncertainty. The research period includes four major systemic events: the COVID-19 pandemic, the military conflict in Ukraine, the 2024 U.S. presidential elections, and the 2024 Romanian elections, all of which generated significant volatility in global markets. The methodological approach combines time series econometrics with the Impulse Indicator Saturation (IIS) technique to identify structural breaks and outliers, without imposing exogenous assumptions about the timing of events. The econometric model includes autoregressive and lagged exogenous variables to estimate the influence of the SFT-500 index on the BET index, while IIS variables capture unanticipated political and economic shocks. Additionally, a Fractionally Integrated GARCH (FIGARCH) specification is applied to model the persistence of volatility over time, capturing the long-memory behavior often observed in emerging markets like Romania. The results confirm a statistically significant but partial synchronization between the two markets, with lagged and contemporaneous effects from the SFT-500 index on the BET index. Volatility in Romania is markedly higher and longer-lasting during domestic political episodes, confirming that local factors are a primary source of market instability. For investors, this underscores the need to embed political risk metrics into emerging market portfolios. For policymakers, it highlights how stronger institutions and transparent governance can dampen election- and crisis-related turbulence. Full article
(This article belongs to the Special Issue Risk Analysis in Financial Crisis and Stock Market)
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58 pages, 3371 KB  
Review
Global Energy Crisis and the Risk of Blackout: Interdisciplinary Analysis and Perspectives on Energy Infrastructure and Security
by Nicolae Daniel Fita, Ilie Utu, Marius Daniel Marcu, Dragos Pasculescu, Ilieva Obretenova Mila, Florin Gabriel Popescu, Teodora Lazar, Adrian Mihai Schiopu, Florin Muresan-Grecu and Emanuel Alin Cruceru
Energies 2025, 18(16), 4244; https://doi.org/10.3390/en18164244 - 9 Aug 2025
Cited by 14 | Viewed by 4982
Abstract
The current global energy crisis is one of the most pressing challenges of the 21st century, it highlights the fragility of an old power system based on fossil fuels, geopolitical dependencies and often the precariousness and age of equipment and installations, affecting the [...] Read more.
The current global energy crisis is one of the most pressing challenges of the 21st century, it highlights the fragility of an old power system based on fossil fuels, geopolitical dependencies and often the precariousness and age of equipment and installations, affecting the economy, security and social stability on a national, regional and world scale. The risk of blackout thus becomes not only a technological threat, but a symbol of the need for a paradigm shift. The energy future must be sustainable, collaborative and adaptable—to guarantee not only the continuity of services with electricity, but also the stability of modern society. This paper provides an intrinsic interdisciplinary analysis on the causes, implications and possible solutions related to major imbalances in contemporary power systems, emphasizing the growing risk of blackout (large power outages). The main causes of crises are analyzed interdisciplinary, such as: insecurity in the functioning of the National Power System, terrorist attack on the National Power System, extreme weather condition, natural calamity, energy insecurity and political/military insecurity. The paper highlights the interdependence between energy infrastructure and energy security, as well as the vulnerability of power grids to cyberattacks, natural disasters and consumer pressures. In addition, socio-economic, technological and political issues are addressed, providing an integrated view of the phenomenon. Finally, national, regional and bilateral mitigation, limitation and restoration (resilience) procedures and measures are proposed in the event of an electricity crisis—blackout. Full article
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33 pages, 5766 KB  
Review
Multi-Energy Static Modeling Approaches: A Critical Overview
by Gianluigi Migliavacca
Energies 2025, 18(7), 1826; https://doi.org/10.3390/en18071826 - 4 Apr 2025
Cited by 2 | Viewed by 1571
Abstract
In Europe and elsewhere in the world, current ambitious decarbonization targets push towards a gradual decommissioning of all fossil-fuel-based dispatchable electrical generation and, at the same time, foster a gradual increase in the penetration of Renewable Energy Sources (RES). Moreover, considerations tied to [...] Read more.
In Europe and elsewhere in the world, current ambitious decarbonization targets push towards a gradual decommissioning of all fossil-fuel-based dispatchable electrical generation and, at the same time, foster a gradual increase in the penetration of Renewable Energy Sources (RES). Moreover, considerations tied to decarbonization as well as to the security of supply, following recent geo-political events, call for a gradual replacement of gas appliances with electricity-based ones. As RES generation is characterized by a variable generation pattern and as the electric carrier is characterized by scarce intrinsic flexibility, and since storage capabilities through electrochemical batteries, as well as demand-side flexibility contributions, remain rather limited, it is quite natural to think of other energy carriers as possible service providers for the electricity system. Gas and heat networks and, in the future, hydrogen networks could provide storage services for the electricity system. This could allow increasing the amount of RES penetration to be managed safely by the electric system without incurring blackouts and avoiding non-economically motivated grid reinforcements to prevent the curtailment of RES generation peaks. What is explained above calls for a new approach, both in electricity network dispatch simulations and in grid-planning studies, which extends the simulation domain to other carriers (i.e., gas, heat, hydrogen) so that a global optimal solution is found. This simulation branch, called multi-energy or multi-carrier, has been gaining momentum in recent years. The present paper aims at describing the most important approaches to static ME modeling by comparing the pros and cons of all of them with a holistic approach. The style of this paper is that of a tutorial aimed at providing some guidance and a few bibliographic references to those who are interested in approaching this theme in the next years. Full article
(This article belongs to the Section B: Energy and Environment)
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22 pages, 315 KB  
Article
Globalization and the Fallout of the COVID-19 Pandemic
by Pascal L. Ghazalian
World 2025, 6(1), 4; https://doi.org/10.3390/world6010004 - 1 Jan 2025
Cited by 12 | Viewed by 21727
Abstract
The COVID-19 pandemic has significantly impacted globalization by disrupting the course of international economic integration, reducing interpersonal interaction and communication, and lessening the significance of global governance and political interactions. This unprecedented event has altered global supply chains, MNEs’ operations and FDI, and [...] Read more.
The COVID-19 pandemic has significantly impacted globalization by disrupting the course of international economic integration, reducing interpersonal interaction and communication, and lessening the significance of global governance and political interactions. This unprecedented event has altered global supply chains, MNEs’ operations and FDI, and trade patterns, and it has favored protectionist and border policies. Meanwhile, travel restrictions and social-distancing measures reduced human mobility and hindered intercultural exchanges. This study explores the short-term and long-term effects of the COVID-19 pandemic on economic globalization while also reflecting on its implications for social and political globalization. The analysis underlines that the COVID-19 pandemic has encouraged many governments to assess their strategies vis-à-vis globalization by seeking a certain equilibrium between global engagement, regional retreat, and national seclusion. Despite the adverse implications, some positive outcomes have emerged via the COVID-19-induced digital transformation and the reconfiguration of the global supply chains to improve resilience against future exogenous shocks. This pandemic exposed the shortcomings of the current global system and emphasized the necessity for a post-COVID-19 “re-designed” globalization to mitigate anti-globalization sentiments and expand benefits across countries/geo-economic regions and different segments of society. Full article
23 pages, 2132 KB  
Article
Functioning of the Energy Sector Under Crisis Conditions—A Polish Perspective
by Joanna Florek, Ryszard Staniszewski, Dorota Czerwińska-Kayzer and Dariusz Kayzer
Energies 2024, 17(23), 6161; https://doi.org/10.3390/en17236161 - 6 Dec 2024
Cited by 2 | Viewed by 1373
Abstract
In the context of the coronavirus pandemic and the armed conflict between Russia and Ukraine, energy security is essential to economic challenges nowadays. The basis for the proper operating of the energy sector is to ensure a stable supply of energy to end [...] Read more.
In the context of the coronavirus pandemic and the armed conflict between Russia and Ukraine, energy security is essential to economic challenges nowadays. The basis for the proper operating of the energy sector is to ensure a stable supply of energy to end users and to secure finances of energy companies, so that they can operate sustainably in times of uncertainty. In our studies, we have addressed this issue with the main objective of assessing the state of energy security from the perspective of the stability of the financial situation of energy sector companies in the context of the global energy crisis and a sustainable energy future. Financial indicators and a canonical variable analysis were used to examine the financial situation of companies in the energy sector and to describe links between selected groups of energy companies. Such companies operating during political and economic instability did not record worse financial results than in the year 2018. It was found that in case-studied firms, total debt decreased and moreover, liquidity and return on assets improved. Companies have focused on securing their financial health and ensuring the stability of their energy supplies and the issue of the environmental impact of energy production has unfortunately become a secondary concern. Nevertheless, in the event of further crises, it is reasonable to assume that a focus on maintaining liquidity and generating profits for energy companies will be more important to companies than environmental challenges and the fight against climate change. Full article
(This article belongs to the Special Issue Future Trends of Energy Economics in Sustainable Development)
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18 pages, 2534 KB  
Article
EU Citizens’ Perception of Risks Posed to the Sustainability of EU Food Security
by Fernando Mata, Diana Barros, Ricardo Pereira-Pinto and Preciosa Pires
Sustainability 2024, 16(22), 9840; https://doi.org/10.3390/su16229840 - 12 Nov 2024
Cited by 3 | Viewed by 2244
Abstract
Food security is a core global sustainability challenge and priority of the UN Sustainable Development Goals. Events like COVID-19, extreme weather, and global conflicts have significantly impacted food prices, as evidenced by the FAO food price index rising from 95.1 in 2019 to [...] Read more.
Food security is a core global sustainability challenge and priority of the UN Sustainable Development Goals. Events like COVID-19, extreme weather, and global conflicts have significantly impacted food prices, as evidenced by the FAO food price index rising from 95.1 in 2019 to 143.7 in 2022, heightening EU food security concerns. The European Commission responded with a food supply contingency plan. According to Eurobarometer data, our study shows that EU citizens’ food security concerns vary by demographic, political, and socioeconomic factors. While men prioritize external factors like climate change, women express greater concern for local social issues, including small farm viability. Age influences the concern focus, with younger people worried about agricultural stagnation, and older individuals recalling past economic crises. Education and income also play roles, with educated and wealthier citizens worried about environmental risks, and less educated, poorer individuals more concerned about socioeconomic impacts. Political leanings and urban/rural divides shape concerns, as well as EU policy dissatisfaction, which links to worries over economic vulnerability and nationalism. Effective EU food security policies require understanding complex factors, stakeholder collaboration, and tailored strategies for diverse needs. Our findings suggest the need for EU policies to incorporate demographic nuances, ensuring food security sustainability across socioeconomic and political spectrums. Full article
(This article belongs to the Special Issue Food Security, Food Recovery, Food Quality, and Food Safety)
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