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COVID-19 Threats and Opportunities: Toward a Circular and Resilient Bioeconomy

In: Economic Policy Frameworks Revisited

Author

Listed:
  • Fabio Giudice

    (UnitelmaSapienza, Università degli Studi di Roma La Sapienza)

  • Cesare Imbriani

    (UnitelmaSapienza University of Rome)

  • Piergiuseppe Morone

    (UnitelmaSapienza, Università degli Studi di Roma La Sapienza)

  • Ana Gabriela Encino-Muñoz

    (UnitelmaSapienza, Università degli Studi di Roma La Sapienza)

Abstract

The recent crisis caused by the COVID-19 pandemic has shocked the world’s health systems and the economy. While the recovery has been relatively fast for some countries since the second half of 2020, there are still many risks and uncertainties left by the pandemic. The symmetric shock caused by COVID-19 crisis has questioned the current economic system, until now ever-more centered upon linear production, global value chains, and financial profit. Sustainable alternatives have been developed and proposed in the past and might be now ready to be integrated at a wider scale. In this chapter, we analyze the pandemic economic impact and expose sustainable solutions, identified within a circular, bio-based economy emphasizing how communities can be more resistant to issues such as the COVID-19 pandemic. We show how biorefineries and new supply chains might revolutionize the economy, and finally, we set an agenda for policy intervention.

Suggested Citation

  • Fabio Giudice & Cesare Imbriani & Piergiuseppe Morone & Ana Gabriela Encino-Muñoz, 2023. "COVID-19 Threats and Opportunities: Toward a Circular and Resilient Bioeconomy," Contributions to Economics, in: Cesare Imbriani & Pasquale Scaramozzino (ed.), Economic Policy Frameworks Revisited, pages 113-130, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-36518-8_7
    DOI: 10.1007/978-3-031-36518-8_7
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