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Recovering From a Never Faced Economic Disruption, and Advancing on the Path to the Next Normal

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  • PURCAREA, Ioan Matei

Abstract

It is a real need of restarting economies, considering major risks, restoring confidence, and prioritizing customers’ valuable problems to solve. It is the right time to better understand how to adequately manage the economic risk of health shocks, offering business contingency planners a practical framework in which to develop and execute their plans. It is a real chance to build a more inclusive and receptive (recovered) economy, managing the economy wisely, acknowledging the incomplete knowledge of our own knowledge’s limits, and seizing opportunities, valorizing innovation.

Suggested Citation

  • PURCAREA, Ioan Matei, 2020. "Recovering From a Never Faced Economic Disruption, and Advancing on the Path to the Next Normal," Romanian Distribution Committee Magazine, Romanian Distribution Committee, vol. 11(2), pages 33-49, July.
  • Handle: RePEc:rdc:journl:v:11:y:2020:i:2:p:33-49
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    More about this item

    Keywords

    Recovered Economy; Economic Disruption; Major Risks; Next Normal; Innovation;
    All these keywords.

    JEL classification:

    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F00 - International Economics - - General - - - General
    • I00 - Health, Education, and Welfare - - General - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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