Sustainable Development and power sharing in times of financial and economic crisis – some preliminary reflections and a summary of findings

Author(s):  
Hartmut Marhold
2020 ◽  
Vol 3 (45) ◽  
pp. 11-17
Author(s):  
T. O. Zinchuk ◽  
◽  
T. V. Usiuk ◽  

The articles aims to substantiate the socio-economic, environmental, historical and cultural role played by green tourism and its contribution to the implementation of Sustainable Development Goals based on current innovative trends and capabilities of tourism in the face of challenges posed by the ongoing crisis in global economy caused by the latest pandemic. The objectives of the research were to detail the theoretical, methodological and applied approaches to the development of green tourism, which is a market sector providing travel services. The definition of green tourism has been made more profound through connecting it with the Sustainable Development Goals, which is rather logical. The motivating factors for the development of green tourism have been analyzed taking into account the model of multifunctionality in agriculture and its importance in rural development policy. The nature of changes in the green tourism sector has been identified with respect to the peculiarities of the current global situation, when a pandemic is restraining the world tourism intensity, on the one hand, and is stimulating local tourism, on the other. It is worth adding that local tourism is mostly green and focused on the conservation of the environmental and natural resources, as well as sustainment of mostly rural areas. The research carried out shows that green tourism can become a driving force for economic growth in rural areas, a motivator for employment, a factor in preserving rural culture and traditions in a particular area. At the same time, the results of the research prove the existence of a link between green tourism and national economic, environmental, socio-cultural, intellectual, energy security due to the most typical development priorities of such tourism. On analyzing the experience of the countries that suffered the pandemic most, we have found some prospects for green tourism development. It is a new system of partnership between the state, business and civil society which can become an additional incentive to preserve the potential of green tourism. Thus, strategic guidelines for green tourism development based on institutional priorities, with the current economic crisis challenges in mind, have been designed.


2018 ◽  
Vol 41 ◽  
pp. 04036 ◽  
Author(s):  
Valeriy Kopein ◽  
Elena Filimonova ◽  
Irina Kudryashova ◽  
Ksenia Demidenko

Economic sanctions as well as geopolitical situation have set new challenges for Russia. They reflect the necessity of creating an economy that is resistant to both the impact of external, often negative factors, and the need to reformat domestic economic policies. The article deals with the features of the interconnection of the industrial region energy sector and the sustainability of its development. It emphasizes the fact that in the context of an economic crisis the adaptation of regions to new economic conditions is actively influenced by internal factors. The fuel and energy complex is becoming one of the leading domestic resources as well as a catalyst for the related industries. It is noted that unsustainable processes of activating internal regional resources (energy, finance, etc.) hinder achieving sustainable development of the economy.


Transformation processes in the economy and the consequences of the economic crisis have led to the fact that the enterprise no longer lacks the capabilities of existing marketing technologies [1]. The urgent issue is the introduction of coordinated, integrated marketing communications at the enterprise, which provides the flexibility of marketing policy, the long-term orientation of the enterprise, repeated sales, the formation of consumer loyalty, strengthening of partnerships and more


2015 ◽  
Vol 3 (1) ◽  
pp. 81-91
Author(s):  
Ildikó Marosi ◽  
Ferenc Katona

Abstract In order to maintain and increase their market share and position in competition, businesses have to adapt to the changes of the environment and they have to innovate. Since the latest economic crisis, Hungarian businesses have been struggling with several problems, particularly the scarcity of both resources and demands. These circumstances lead to the issues of frugal innovation and sustainable development. The aim of this paper is to show the results of a survey on attitudes toward frugal innovation, which was conducted among 216 Hungarian enterprises in the spring of 2015. However, the surveyed businesses are striving to stay in competition in a not too favourable economic environment as most of them have not recognized the chance of frugal innovation.


2020 ◽  
Vol 15 (20) ◽  
pp. 32-36
Author(s):  
Darejan Chkhirodze

The modern fast-paced era, characterized by sudden changes in various processes, these changes can be both positive and negative. In this case we are dealing with a pandemic like COVID-19. The COVID-19 pandemic has hit the world hard, shutting down giants, locking most of the world's population at homes, "resting the environment", people using less transport, reducing the atmosphere, emitting pollutants, diversifying, clearing the sky, clearing the water and oxygen-loving fauna has spread. The process of overcoming the coronavirus crisis is a chance to achieve a dual effect - to stimulate economies - to create new jobs and at the same time accelerate greenery - to start a new design and revitalize a sustainable, inclusive economy and industry, to maintain vital biodiversity and biodiversity 50-55% reduction compared to 1990 by 2030. The European Green Agreement investment plan covers areas such as: sustainable mobility, renewable energy, building renovation, research and innovation, biodiversity restoration, circular economics. The Green Pact is a guide to the right decisions to respond to the economic crisis and transform Europe into a sustainable and climate-neutral economy. The impact of the pandemic on the environment in particular the pandemic and post-pandemic environment is interesting. The COVID-19 pandemic has hit the world hard, shutting down giants, locking up most of the world's population in their homes, resting the environment, using less transport, reducing emissions, making the sky more diverse, brighter and more transparent. The water was purified, oxygen increased, and oxygen-loving fauna has spared; In the spring of 2020, the water in the canals of Venice became so rich in oxygen and transparent that fish appeared on the bottom, Pisces, it was in Italy that the quarantine rules were introduced, reduced the flow of tourists in accordance with its accompanying actions. The work of industrial enterprises in the world has decreased, the cessation of Chinese industry of the world's largest polluter has drastically breathed the environment, people have seen the clear sky. According to the Energy and Clean Air Research Center during the pandemic, CO2 emissions from air in China fell by 25% (from February 3 to March 1) due to anti-pandemic measures. , Reduce production volume and restrict transportation. It is known that 30% of world CO2 emissions come from China. The number of "clean days" has increased Humans rudely interfere with the functioning of the natural environment and often lead to imbalances and deteriorating environmental sustainability! Deforestation and wildfires, a clear example of which is the devastating forest fires in Brazil. (These forests accounted for 20% of the world's oxygen balance). The European Green Agreement investment plan covers areas such as: sustainable mobility, renewable energy, building renovation, research and innovation, biodiversity restoration, circular economy. The Green Agreement is a guide to the right decisions to respond to the economic crisis and transform Europe into a sustainable and climate-neutral economy; Georgia's post-crisis plan cannot ignore the Green Agreement and the fundamental principles of sustainable development cannot be abandoned and do not keep the pandemic of the period, the "calm of the environment", at least in part, the greatest opportunities for the production of green products. Local products increased in the markets, the population managed not only to provide for their own families, but also to bring the produced products to the market and to supplement the family budget, the population migrated from the cities to the regions, thus unloading the city and improving the environment. Thus, the post-pandemic period will not be so alarming for the environment, if there is a correct vision of the states and the provision of measures aimed at sustainable development and eco-peace. And at once the giants will not be heavily loaded "Green life" will become our everyday life.


2021 ◽  
Vol 9 ◽  
pp. 8-13
Author(s):  
Adrian Ioana ◽  
Augustin Semenescu ◽  
Cezar Florin

The trade (qualitative and quantitative level of trade) can promote the concept of sustainable development. The concept of Sustainable Development involves the implementation of theoretical and practical components for making decisions in any situation in which features a man-type medium, be it the environment, economic or social. The goals of sustainable development include the harmonization of the economic, social and environmental targets. This paper presents the main types of the correlations: Trade – Sustainable Development – Economic Crisis. The Sustainable Development (SD) concept is also analyzed in direct correlation with the Corporate Social Responsibility (CSR) concept. The SD concept involves the implementation of theoretical and practical components for making decisions in any situation in which a man-type medium, be it the environment, economic or social features. The Corporations (qualitative and quantitative level of trade) can promote the concept of sustainable development. The goals of sustainable development include the harmonization of the economic, social and environmental targets. This paper presents the main research on the main types of the correlations: Corporate Social Responsibility (including trade) – Sustainable Development – Economic Crisis.


Author(s):  
Łukasz Małys

Purpose: The aim of the chapter is to compare the declarations of local and international companies regarding the maintenance of sustainable development initiatives during acrisis. Design/methodology/approach: The article presents the results of a survey conducted in September 2020 on a sample of 500 enterprises located in Poland. Respondents were asked to declare if they will maintain or abandon sustainable development initiatives in a crisis situation. The examples presented a pandemic similar to the one caused by Covid-19, an economic crisis, or a significant decrease in company revenues. Findings: The research showed that the largest group of companies in acrisis situation will completely abandon their initiatives in the field of sustainable development. Another group will give up those initiatives that generate the highest cost. There are some small differences in responses of local and international companies. Companies with foreign entities in the ownership structure seems less likely to give up all initiatives in the field of sustainable development. International companies more often than local companies declare that they do not know which initiatives they will abandon and which will they keep. Research limitations/implications: Factors other than international involvement (e.g. company size, strategic approach to sustainable development) may have a decisive impact on decisions regarding the maintenance of sustainable development initiatives in acrisis. Originality and value: The chapter illustrates the approach to sustainable development by companies classified into various categories: local and international.


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