Industry Redesign Directions in the Context of the COVID-19 Pandemic

Andrei Nemirschi () and Diane Paula Corina Vancea ()
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Andrei Nemirschi: “Ovidius†University of Constanta
Diane Paula Corina Vancea: “Ovidius†University of Constanta

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 418-423

Abstract: The article presents the main changes that have occurred in key areas of the economy (hospitality, education, culture) severely affected by the COVID-19 pandemic. In parallel, the answers of the main economic agents, the governments, but also the challenges to which we have to find solutions in the future are highlighted. Representing a review of the specialized literature published in the period 2020-2021, after the onset of the pandemic and the implementation of measures to limit its spread, this article captures the specific challenges that each of these three areas must face and it identifies the possible public policies which can be applied in the immediate and future perspective in order to improve the situation of these economic sectors, in particular, and the economy as a whole, in general. The article highlights the role of the Fourth Industrial Revolution in finding appropriate answers to how economic development will take place in the future so that it may become safer, more sustainable, and more inclusive.

Keywords: industry redesign; Imagination Age; education; hospitality; culture (search for similar items in EconPapers)
JEL-codes: A14 I20 L83 (search for similar items in EconPapers)
Date: 2020
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