Never Let a Good Crisis Go to Waste

Mahmoud Mohieldin, Sameh Wahba (), Maria Alejandra Gonzalez-Perez and Miral Shehata ()
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Sameh Wahba: World Bank
Miral Shehata: Independent Economic Researcher

Chapter 5 in Business, Government and the SDGs, 2023, pp 139-152 from Springer

Abstract: Abstract COVID-19 not only exposed complicated challenges for society, markets, the planet, and businesses, but it also hastened several trends, such as digital transformation, additive manufacturing, the pursuit of social and environmental sustainability, and climate change risk awareness. The world is currently at a tipping point in history, and there is an urgent need to hasten the implementation of the Sustainable Development Goals (SDGs). Already half of the 2015–2030 Agenda has been completed, and the deadline is soon approaching. Crises can lead to transformation by removing long-term barriers. Furthermore, the adaptive phase of crisis leadership addresses root problems and fosters resilience. Responding well to threats such as COVID-19, and more recently the war in Ukraine, could lead to a shift in thinking about how to fix systemic flaws and key sources of risk. This will in turn allow for better long-term policy implementation and major structural changes.

Keywords: SDG; partnerships; alliances; climate action; Build Forward Better; social contract; acceleration; multi-actor; governance (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-11196-9_5

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DOI: 10.1007/978-3-031-11196-9_5

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