IDEAS home Printed from https://ideas.repec.org/a/cvv/journ3/v7y2020i4p181-212.html

Development and underdevelopment from the perspective of evolutionary socioeconomics in the post-COVID-19 era

Author

Listed:
  • Charis VLADOS

    (Department of Economics, Democritus University of Thrace, Komotini, Greece)

Abstract

This article analyzes development and underdevelopment through the lens of evolutionary socioeconomics in the post-COVID-19 era. It explores structural changes, institutional dynamics, and global inequalities exacerbated by the pandemic. The study proposes a framework for inclusive and sustainable development.

Suggested Citation

  • Charis VLADOS, 2020. "Development and underdevelopment from the perspective of evolutionary socioeconomics in the post-COVID-19 era," Journal of Economic and Social Thought, EconSciences Journals, vol. 7(4), pages 181-212, December.
    • Handle: RePEc:cvv:journ3:v:7:y:2020:i:4:p:181-212
    as

    Download full text from publisher

    File URL: https://journals.econsciences.com/index.php/JEST/article/view/2150/2171
    Download Restriction: no
    File URL: https://journals.econsciences.com/index.php/JEST/article/view/2150
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ron A. Boschma & Jan G. Lambooy, 1999. "Evolutionary economics and economic geography," Journal of Evolutionary Economics, Springer, vol. 9(4), pages 411-429.
    2. Dante A. Urbina & Alberto Ruiz‐Villaverde, 2019. "A Critical Review of Homo Economicus from Five Approaches," American Journal of Economics and Sociology, Wiley Blackwell, vol. 78(1), pages 63-93, January.
    3. World Bank, 2020. "Global Economic Prospects, January 2020," World Bank Publications - Books, The World Bank Group, number 33044, April.
    4. Cristiano Antonelli & Gianluigi Ferraris, 2018. "The microfoundations of evolutionary complexity: from the Marshallian search for equilibrium to Schumpeterian dynamics," Chapters, in: The Evolutionary Complexity of Endogenous Innovation, chapter 3, pages 56-81, Edward Elgar Publishing.
    5. Charis Vlados & Dimos Chatzinikolaou, 2019. "Business ecosystems policy in Stra.Tech.Man terms: The case of the Eastern Macedonia and Thrace region," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(3), pages 163-197.
    6. Hodgson, Geoffrey M., 1998. "Competence and contract in the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 35(2), pages 179-201, April.
    7. Subir Bose & Gerhard Orosel & Marco Ottaviani & Lise Vesterlund, 2006. "Dynamic monopoly pricing and herding," RAND Journal of Economics, The RAND Corporation, vol. 37(4), pages 910-928, December.
    8. Michael Peneder, 2017. "Competitiveness and industrial policy: from rationalities of failure towards the ability to evolve," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 829-858.
    9. Subir Bose & Gerhard Orosel & Marco Ottaviani & Lise Vesterlund, 2006. "Dynamic monopoly pricing and herding," RAND Journal of Economics, RAND Corporation, vol. 37(4), pages 910-928, December.
    10. Timothy Downs, 2000. "Changing the Culture of Underdevelopment and Unsustainability," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 43(5), pages 601-621.
    11. Jakomijn van Wijk & Charlene Zietsma & Silvia Dorado & Frank de Bakker & Ignasi Marti, 2018. "Social Innovation: Integrating Micro, Meso, and Macro Level Insights From Institutional Theory," Post-Print hal-02570915, HAL.
    12. William T. Waller, 1982. "The Evolution of the Veblenian Dichotomy: Veblen, Hamilton, Ayres, and Foster," Journal of Economic Issues, Taylor & Francis Journals, vol. 16(3), pages 757-771, September.
    13. Carlota Perez, 2010. "Technological revolutions and techno-economic paradigms," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(1), pages 185-202, January.
    14. Zezza, Alberto & Llambi, Luis, 2002. "Meso-Economic Filters Along the Policy Chain: Understanding the Links Between Policy Reforms and Rural Poverty in Latin America," World Development, Elsevier, vol. 30(11), pages 1865-1884, November.
    15. Marlies Schütz & Andreas Rainer, 2016. "J.A. Schumpeter and T.B. Veblen on economic evolution: the dichotomy between statics and dynamics," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 23(5), pages 718-742, September.
    16. Ulrich Witt, 2008. "What is specific about evolutionary economics?," Journal of Evolutionary Economics, Springer, vol. 18(5), pages 547-575, October.
    17. Snyder, Hannah, 2019. "Literature review as a research methodology: An overview and guidelines," Journal of Business Research, Elsevier, vol. 104(C), pages 333-339.
    18. Jason Potts, 2017. "Institutions hold consumption on a leash: an evolutionary economic approach to the future of consumption," Journal of Evolutionary Economics, Springer, vol. 27(2), pages 239-250, April.
    19. Horst Hanusch & Andreas Pyka, 2007. "Principles of Neo-Schumpeterian Economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 31(2), pages 275-289, March.
    20. World Bank, 2020. "Global Economic Prospects, June 2020," World Bank Publications - Books, The World Bank Group, number 33748, April.
    21. Pindyck, Robert S, 1985. "The Measurement of Monopoly Power in Dynamic Markets," Journal of Law and Economics, University of Chicago Press, vol. 28(1), pages 193-222, April.
    22. Gul, Faruk & Sonnenschein, Hugo & Wilson, Robert, 1986. "Foundations of dynamic monopoly and the coase conjecture," Journal of Economic Theory, Elsevier, vol. 39(1), pages 155-190, June.
    23. Monasterolo, Irene & Roventini, Andrea & Foxon, Tim J., 2019. "Uncertainty of climate policies and implications for economics and finance: An evolutionary economics approach," Ecological Economics, Elsevier, vol. 163(C), pages 177-182.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dimos Chatzinikolaou & Michail Demertzis & Charis Vlados, 2021. "European Entrepreneurship Reinforcement Policies in Macro, Meso, and Micro Terms for the Post-COVID-19 Era," Review of European Studies, Canadian Center of Science and Education, vol. 13(2), pages 1-39, June.
    2. Attila Havas & Doris Schartinger & K. Matthias Weber, 2022. "Innovation Studies, Social Innovation, and Sustainability Transitions Research: From mutual ignorance towards an integrative perspective?," KRTK-KTI WORKING PAPERS 2227, Institute of Economics, Centre for Economic and Regional Studies.
    3. Marcelo Dias & Eugenio Pedrozo & Tania Silva, 2014. "The innovation process as a complex structure with multilevel rules," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 1067-1084, November.
    4. Hadzi-Vaskov Metodij & Pienknagura Samuel & Ricci Luca Antonio, 2023. "The Macroeconomic Impact of Social Unrest," The B.E. Journal of Macroeconomics, De Gruyter, vol. 23(2), pages 917-958, June.
    5. Philipp Kircher & Andrew Postlewaite, 2008. "Strategic Firms and Endogenous Consumer Emulation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(2), pages 621-661.
    6. Orietta Nicolis & Jean Paul Maidana & Fabian Contreras & Danilo Leal, 2024. "Analyzing the Impact of COVID-19 on Economic Sustainability: A Clustering Approach," Sustainability, MDPI, vol. 16(4), pages 1-30, February.
    7. Nicollier, Luciana A, 2013. "Reviews, Prices and Endogenous Information Transmission," The Warwick Economics Research Paper Series (TWERPS) 1029, University of Warwick, Department of Economics.
    8. González, Marta Ramos & Ureña, Antonio Partal & Fernández-Aguado, Pilar Gómez, 2023. "Forecasting for regulatory credit loss derived from the COVID-19 pandemic: A machine learning approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    9. Davide Crapis & Bar Ifrach & Costis Maglaras & Marco Scarsini, 2017. "Monopoly Pricing in the Presence of Social Learning," Management Science, INFORMS, vol. 63(11), pages 3586-3608, November.
    10. Quibria, M.G., 2020. "Poverty and Policy in the Developing World: Before and After the Pandemic," MPRA Paper 104240, University Library of Munich, Germany, revised 15 Oct 2020.
    11. Ștefan Cristian Gherghina & Daniel Ștefan Armeanu & Camelia Cătălina Joldeș, 2020. "Stock Market Reactions to COVID-19 Pandemic Outbreak: Quantitative Evidence from ARDL Bounds Tests and Granger Causality Analysis," IJERPH, MDPI, vol. 17(18), pages 1-35, September.
    12. Lingli Yu & Ling Yang, 2024. "News media in crisis: a sentiment and emotion analysis of US news articles on unemployment in the COVID-19 pandemic," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
    13. Marinov, Eduard, 2020. "Новият Шок Covid 19 – Въздействие Върху Международната Търговия На Глобално И Национално Ниво [The new shock COVID 19 - impact on international trade on a global and national level]," MPRA Paper 110921, University Library of Munich, Germany.
    14. Osman Taylan & Abdulaziz S. Alkabaa & Mustafa Tahsin Yılmaz, 2022. "Impact of COVID-19 on G20 countries: analysis of economic recession using data mining approaches," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-30, December.
    15. Liu, Li-Jing & Yao, Yun-Fei & Liang, Qiao-Mei & Qian, Xiang-Yan & Xu, Chun-Lei & Wei, Si-Yi & Creutzig, Felix & Wei, Yi-Ming, 2021. "Combining economic recovery with climate change mitigation: A global evaluation of financial instruments," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 438-453.
    16. Abdoul’ Ganiou Mijiyawa & Djoulassi K. Oloufade, 2023. "Effect of Remittance Inflows on External Debt in Developing Countries," Open Economies Review, Springer, vol. 34(2), pages 437-470, April.
    17. Isaac K. Ofori & Mark K. Armah & Emmanuel E. Asmah, 2021. "Towards the Reversal of Poverty and Income Inequality Setbacks Due to COVID-19: The Role of Globalisation and Resource Allocation," Working Papers 21/043, European Xtramile Centre of African Studies (EXCAS).
    18. Francisco Ceballos & Manuel A. Hernandez & Cynthia Paz, 2021. "Short‐term impacts of COVID‐19 on food security and nutrition in rural Guatemala: Phone‐based farm household survey evidence," Agricultural Economics, International Association of Agricultural Economists, vol. 52(3), pages 477-494, May.
    19. Daud, Siti Nurazira Mohd & Ahmad, Abd Halim, 2023. "Financial inclusion, economic growth and the role of digital technology," Finance Research Letters, Elsevier, vol. 53(C).
    20. Yothin Jinjarak & Ilan Noy & Quy Ta, 2022. "Pandemics and Economic Growth: Evidence from the 1968 H3N2 Influenza," Economics of Disasters and Climate Change, Springer, vol. 6(1), pages 73-93, March.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cvv:journ3:v:7:y:2020:i:4:p:181-212. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bilal KARGI (email available below). General contact details of provider: https://journals.econsciences.com/index.php/JEST .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.