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Keywords = geopolitical inequalities

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20 pages, 329 KB  
Review
The Golden Age of Global Economic Growth 1950–1970: Characteristics, Dimensions and Impacts on European Countries
by Fotis Pantazelos, Polyxeni Kechagia and Theodore Metaxas
Histories 2025, 5(4), 56; https://doi.org/10.3390/histories5040056 - 14 Nov 2025
Viewed by 1135
Abstract
This paper examines the period of rapid economic growth that followed World War II. The main focus of the analysis is on the factors that contributed to this era of prosperity, including economic reconstruction through the Marshall Plan, Keynesian policies of full employment [...] Read more.
This paper examines the period of rapid economic growth that followed World War II. The main focus of the analysis is on the factors that contributed to this era of prosperity, including economic reconstruction through the Marshall Plan, Keynesian policies of full employment and state intervention, and technological advancements that increased productivity and boosted international trade. At the same time, the paper explores the expansion of the welfare state, which improved living conditions, raised wages, and ensured social stability. The present research analyses economic inequalities between social groups and countries, the intersection between environmental degradation and intense industrial development, and structural weaknesses that arose during the studied period. Particular reference is also made to the social and political tensions associated with the labor movement and the rise in social demands, as well as the geopolitical challenges of the Cold War. Finally, the paper connects the Golden Age with the subsequent economic instability of the 1970s, marked by the collapse of the Bretton Woods system and the oil crises. While the 1950–1970 period left a positive legacy, it also revealed the limitations of a development model that was not entirely sustainable, leading to a gradual transition towards a new economic reality. Full article
17 pages, 4910 KB  
Article
Widening Geographical Inequities in DTP Vaccination Coverage and Zero-Dose Prevalence Across Nigeria: An Ecological Trend Analysis (2018–2024)
by Hadiza Joy Umar, Solomon Inalegwu Onah, Olalekan Popoola, Hadiza Hussayn Jibril and Femi Oyewole
Vaccines 2025, 13(11), 1135; https://doi.org/10.3390/vaccines13111135 - 4 Nov 2025
Viewed by 661
Abstract
Background/Objectives: Nigeria continues to face major challenges in achieving equitable immunisation coverage, with marked subnational disparities. This study aimed to assess trends in vaccine access and utilisation across Nigeria’s six geopolitical zones between 2018 and 2024, focusing on inequities in DTP coverage, dropout [...] Read more.
Background/Objectives: Nigeria continues to face major challenges in achieving equitable immunisation coverage, with marked subnational disparities. This study aimed to assess trends in vaccine access and utilisation across Nigeria’s six geopolitical zones between 2018 and 2024, focusing on inequities in DTP coverage, dropout rates, and zero-dose prevalence. Methods: We conducted a comparative ecological analysis using secondary data from the Nigeria Demographic and Health Surveys (2018, 2024) and the 2021 Multiple Indicator Cluster Survey/National Immunisation Coverage Survey. Geometric mean coverage for penta 1 (DTP1) and penta 3 (DTP3), DTP1–DTP3 dropout rates, and zero-dose prevalence were calculated for each of the six geopolitical zones and analysed using WHO’s Health Equity Assessment Toolkit Plus. Absolute (difference, D) and relative (ratio, R) summary measures of inequality were also assessed. Results: Findings revealed statistically significant differences in indicators across the various regions during the period of study. While the South-East maintained >90% DTP1 coverage, the North-West declined from 37.3% (2018) to 33.4% (2024). In the same period, the absolute inequality (D) in DTP1 coverage increased from 55.3 to 58.4 percentage points. Zero-dose inequities worsened sharply: prevalence in the North-West rose from 25.7% (2021) to 47.4% (2024) compared to ~4% in the South-East, with a relative inequality (R) of 11.29 in 2024. In contrast, service utilisation improved, as dropout rates in the North-West fell from 38.7% (2018) to 14.3% (2024), reducing absolute inequality to 11.0 pp. Conclusions: Despite progress in reducing dropout, access to vaccination services remains highly inequitable, particularly in northern Nigeria. Declines since 2021 suggest systemic fragility compounded by COVID-19-related disruptions. Strengthening sustainable routine immunisation systems and investing in demand generation, especially through social and behaviour change communication, are essential to achieving equity. Full article
(This article belongs to the Special Issue Inequality in Immunization 2025)
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16 pages, 776 KB  
Article
The Importance of Technological Progression in Impoverished Countries
by Mohammed T. Hussein, Munir Quddus and Lawrence J. Trautman
J. Risk Financial Manag. 2025, 18(11), 597; https://doi.org/10.3390/jrfm18110597 - 24 Oct 2025
Viewed by 502
Abstract
In mid-2023, United Nations Secretary-General António Guterres warned that almost 80 years following the end of World War Two, “the global financial architecture is outdated, dysfunctional, and unjust. It is no longer capable of meeting the needs of the 21st-century world: a multipolar [...] Read more.
In mid-2023, United Nations Secretary-General António Guterres warned that almost 80 years following the end of World War Two, “the global financial architecture is outdated, dysfunctional, and unjust. It is no longer capable of meeting the needs of the 21st-century world: a multipolar world characterized by deeply integrated economies and financial markets. But also marked by geopolitical tensions and growing systemic risks.” Further, the Secretary-General cautioned that “the current global financial system exacerbates inequalities, denying the poorest countries the credit and debt support they need and deserve”. We address the question: How does the transfer of modern technologies improve the economic development of impoverished nations? In this paper we demonstrate that rapid technological change is a double-edged sword—bringing significant productivity gains and economic progress while also causing profound societal disruptions and posing a threat of political instability in parts of the world. Nevertheless, we believe that a rapid and sustained transfer of these technologies holds great promise for the rapid development of today’s less developed nations. Full article
(This article belongs to the Section Economics and Finance)
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39 pages, 1709 KB  
Article
Harnessing Machine Learning to Analyze Renewable Energy Research in Latin America and the Caribbean
by Javier De La Hoz-M, Edwan A. Ariza-Echeverri, John A. Taborda, Diego Vergara and Izabel F. Machado
Information 2025, 16(10), 906; https://doi.org/10.3390/info16100906 - 16 Oct 2025
Viewed by 774
Abstract
The transition to renewable energy is essential for mitigating climate change and promoting sustainable development, particularly in Latin America and the Caribbean (LAC). Despite its vast potential, the region faces structural and economic challenges that hinder a sustainable energy transition. Understanding scientific production [...] Read more.
The transition to renewable energy is essential for mitigating climate change and promoting sustainable development, particularly in Latin America and the Caribbean (LAC). Despite its vast potential, the region faces structural and economic challenges that hinder a sustainable energy transition. Understanding scientific production in this field is key to shaping policy, investment, and technological progress. The primary objective of this study is to conduct a large-scale, data-driven analysis of renewable energy research in LAC, mapping its thematic evolution, collaboration networks, and key research trends over the past three decades. To achieve this, machine learning-based topic modeling and network analysis were applied to examine research trends in renewable energy in LAC. A dataset of 18,780 publications (1994–2024) from Scopus and Web of Science was analyzed using Latent Dirichlet Allocation (LDA) to uncover thematic structures. Network analysis assessed collaboration patterns and regional integration in research. Findings indicate a growing focus on solar, wind, and bioenergy advancements, alongside increasing attention to climate change policies, energy storage, and microgrid optimization. Artificial intelligence (AI) applications in energy management are emerging, mirroring global trends. However, research disparities persist, with Brazil, Mexico, and Chile leading output while smaller nations remain underrepresented. International collaborations, especially with North America and Europe, play a crucial role in research development. Renewable energy research supports Sustainable Development Goals (SDGs) 7 (Affordable and Clean Energy) and 13 (Climate Action). Despite progress, challenges remain in translating research into policy and addressing governance, financing, and socio-environmental factors. AI-driven analytics offer opportunities for improved energy planning. Strengthening regional collaboration, increasing research investment, and integrating AI into policy frameworks will be crucial for advancing the energy transition in LAC. This study provides evidence-based insights for policymakers, researchers, and industry leaders. Full article
(This article belongs to the Special Issue Feature Papers in Information in 2024–2025)
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21 pages, 1384 KB  
Article
The Global Economic Model in Crisis: An Analysis of the Obstacles to the Sustainable Development Goals
by Andriy Stavytskyy and Andrii Dligach
Sustainability 2025, 17(19), 8537; https://doi.org/10.3390/su17198537 - 23 Sep 2025
Viewed by 1731
Abstract
The Sustainable Development Goals (SDGs), established by the United Nations in 2015, aim to address global challenges like poverty, inequality, and climate change, yet only 17% of these goals are on track for 2030. This study investigates the geopolitical, economic, and technological barriers [...] Read more.
The Sustainable Development Goals (SDGs), established by the United Nations in 2015, aim to address global challenges like poverty, inequality, and climate change, yet only 17% of these goals are on track for 2030. This study investigates the geopolitical, economic, and technological barriers to SDG progress, focusing on the middle-income trap, trade regionalisation, and automation’s impacts. Using quantitative and qualitative methods, we analysed World Bank, IMF, UN, and OECD data (2005–2024) on GDP, FDI, exports, and public debt across various income-level countries. Findings reveal that economic growth is hindered by market saturation, ageing populations, high debt, and declining FDI, while global trade stagnation since 2011 and regionalisation impede cooperation. Automation reduces employment, shrinks the middle class, and threatens stability, with geopolitical tensions disrupting supply chains. The current economic model, reliant on consumption, investment, and exports, is insufficient for sustainable development. The novelty of this study lies in its integrated analysis of three structural global trends—trade stagnation, regionalisation, and automation—over the period 2005–2024. Unlike previous works that typically examine these factors in isolation or over shorter time horizons, our approach highlights their combined impact on SDG achievement. By formulating and testing specific hypotheses, the study contributes to the literature by providing empirical evidence on how these interrelated processes jointly hinder sustainable development under the current global economic model. Full article
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16 pages, 281 KB  
Article
Inequities in Forgone Medical Care and Health Insurance in a Key Geopolitical Area Along the US–Mexico Border
by Samuel D. C. Towne, Wei Li, Chanam Lee, Minjie Xu, Jiahe Bian, Leah D. Whigham and Marcia G. Ory
Healthcare 2025, 13(18), 2295; https://doi.org/10.3390/healthcare13182295 - 13 Sep 2025
Viewed by 930
Abstract
Background: Residents of the US–Mexico border face cost-related barriers in accessing necessary medical care. Given the potential for individualized or broader tailoring of solutions to reflect community needs, we sought to identify risk factors for being uninsured and forgoing necessary medical care due [...] Read more.
Background: Residents of the US–Mexico border face cost-related barriers in accessing necessary medical care. Given the potential for individualized or broader tailoring of solutions to reflect community needs, we sought to identify risk factors for being uninsured and forgoing necessary medical care due to cost among a largely Hispanic adult population residing along the US–Mexico border. Methods: Surveys among adults in a major US–Mexico border area were used to investigate cost-related forgone medical care and lack of insurance. Binary Logit models were employed to model multiple binary outcomes informed by our theoretical frameworks. Results: Lower education, Hispanic ethnicity, being younger, lacking underlying illness and/or having obesity, forgoing medical care due to cost, and having lower income were associated with a higher likelihood of being uninsured; while being female, being younger, having underlying illness and/or having obesity (potential increased risk of severe illness due to COVID-19), lacking insurance, and having a lower income were risk factors for forgone medical care due to cost. Conclusions: This study adds novel insight into existing health inequities facing those residing along the US–Mexico border region, thereby holding timely public health implications. Full article
25 pages, 1122 KB  
Communication
From Resource Abundance to Responsible Scarcity: Rethinking Natural Resource Utilization in the Age of Hyper-Consumption
by César Ramírez-Márquez, Thelma Posadas-Paredes and José María Ponce-Ortega
Resources 2025, 14(8), 118; https://doi.org/10.3390/resources14080118 - 22 Jul 2025
Cited by 1 | Viewed by 3262
Abstract
In an era marked by accelerating ecological degradation and widening global inequalities, prevailing patterns of resource extraction and consumption are proving increasingly unsustainable. Driven by hyper-consumption and entrenched linear production models, the global economy continues to exert immense pressure on planetary systems. This [...] Read more.
In an era marked by accelerating ecological degradation and widening global inequalities, prevailing patterns of resource extraction and consumption are proving increasingly unsustainable. Driven by hyper-consumption and entrenched linear production models, the global economy continues to exert immense pressure on planetary systems. This communication article calls for a fundamental paradigm shift from the long-standing assumption of resource abundance to a framework of responsible scarcity. Drawing from recent data on material throughput, on the transgression of planetary boundaries, and on the structural and geopolitical disparities underlying global resource use, this article highlights the urgent need to realign natural resource governance with ecological limits and social justice. A conceptual framework is proposed to support this transition, grounded in principles of ecological constraint, functional sufficiency, equity, and long-term resilience. The article concludes by outlining a forward-thinking research and policy agenda aimed at fostering sustainable and just modes of resource utilization in the face of growing environmental and socio-economic challenges. Full article
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15 pages, 912 KB  
Article
Weaker Association Between Financial Security and Health in the Global South
by Shervin Assari
Societies 2025, 15(7), 192; https://doi.org/10.3390/soc15070192 - 8 Jul 2025
Viewed by 1039
Abstract
Background: Subjective socioeconomic status (SES) is a powerful determinant of health and well-being, capturing individuals’ perceptions of their material conditions and security. While higher perceived financial and basic needs security are generally linked to better health outcomes, little is known about how these [...] Read more.
Background: Subjective socioeconomic status (SES) is a powerful determinant of health and well-being, capturing individuals’ perceptions of their material conditions and security. While higher perceived financial and basic needs security are generally linked to better health outcomes, little is known about how these associations differ across global contexts. Drawing on data from 23 countries, this study tests whether these relationships are systematically weaker in Global South countries. Methods: Cross-sectional data from Wave 1 of the Global Flourishing Study (n = 207,000) were used to examine associations between subjective SES indicators—financial security and security in basic needs (food, housing, safety)—and two outcomes: self-rated physical health and mental health. All variables were measured on 0–10 scales. Linear regression models were estimated separately by Global South and Global North country status, adjusting for age and sex. Global South classification was based on standard development and geopolitical frameworks. Results: In both global regions, individuals with higher perceived financial and basic needs security reported significantly better mental and physical health. However, the strength of these associations was consistently weaker in Global South countries. Interaction terms confirmed that Global South status moderated the association between subjective SES and health outcomes. Conclusions: These findings suggest global-scale “diminished returns” of subjective SES on health, echoing patterns previously observed within countries. Structural inequalities, weaker public systems, and contextual adversity may dilute the health benefits of perceived security in Global South settings. Global health equity efforts must therefore move beyond individual-level interventions to address the broader systems that constrain the translation of socioeconomic resources into health. Full article
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26 pages, 1192 KB  
Article
Religion as a Political Instrument: Comparing State Assimilationist Strategies in Khyber Pakhtunkhwa (KP) and Balochistan
by Shakir Ullah, Ali Abbas and Usman Khan
Religions 2025, 16(7), 864; https://doi.org/10.3390/rel16070864 - 3 Jul 2025
Cited by 1 | Viewed by 2497
Abstract
This study explores the role of religion as a state-promoted tool for political assimilation in Pakistan’s border provinces of Khyber Pakhtunkhwa (KP) and Balochistan. The study is based on five phases of fieldwork (2016–2024) combined with a thematic literature review. The research explores [...] Read more.
This study explores the role of religion as a state-promoted tool for political assimilation in Pakistan’s border provinces of Khyber Pakhtunkhwa (KP) and Balochistan. The study is based on five phases of fieldwork (2016–2024) combined with a thematic literature review. The research explores how religious strategies were deployed to forge a unified national identity in these regions. The findings reveal significant disparities in the effectiveness of these strategies. In KP, historical factors, cultural alignment, and geopolitical influences—particularly the Afghan conflict—largely facilitated the integration of Pashtun identity into Pakistan’s broader Islamic-national framework. Tools such as madrassa networks, education reforms, religious slogans, and state-backed Islamist parties effectively promoted religious nationalism. In contrast, religious assimilation efforts in Balochistan largely failed due to entrenched ethnic nationalism, economic exclusion, and political marginalization. Attempts to expand madrassas, delegitimize nationalist leaders as “anti-Islamic,” and support religious movements have been met with resistance, deepening distrust between the Baloch population and the state. The study found that religion alone cannot sustain national cohesion, particularly in regions with longstanding grievances and systemic inequalities. This research emphasizes the limitations of top-down, coercive assimilationist policies and underscores the necessity for more inclusive approaches, such as addressing economic disparities, recognizing regional identities, and promoting political participation as essential components for building a sustainable and unified nation. The study provides critical insights for policymakers, advocating for a shift from religious assimilation to strategies that prioritize justice, equity, and cultural accommodation, particularly in KPK and Balochistan. Full article
(This article belongs to the Special Issue Religion as a Political Instrument)
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23 pages, 335 KB  
Article
Towards a Paradigm of Proximity Economy for Competitive and Resilient Cities and Territories
by Luca Tricarico, Pierre Hausemer, Nessa Gorman and Francesca Squillante
Soc. Sci. 2025, 14(7), 394; https://doi.org/10.3390/socsci14070394 - 20 Jun 2025
Viewed by 1287
Abstract
This paper explores the concept of the Proximity Economy, a human-centered model focused on short value chains and social interactions within local contexts, as a strategic response to global challenges like climate change, supply chain disruptions, and the twin green and digital transitions. [...] Read more.
This paper explores the concept of the Proximity Economy, a human-centered model focused on short value chains and social interactions within local contexts, as a strategic response to global challenges like climate change, supply chain disruptions, and the twin green and digital transitions. Amid ongoing crises, e.g., pandemic, economic, geopolitical, and environmental, reconceptualizing economic development paradigms is crucial for fostering resilient and sustainable solutions. The Proximity Economy integrates local production, distribution, and consumption, supporting sustainable innovation and the competitiveness of local enterprises. It aligns with the European Union’s industrial strategy and Sustainable Development Goals, such as climate action (SDG 13) and reducing inequalities (SDG 10). This paper reviews the socio-economic impacts of the Proximity Economy, considering its connections with the circular and social economies, and identifies relevant policies for its promotion at the European, national, and local levels. Through sectoral analysis and examples, the paper provides a framework for evaluating the economic, environmental, and social outcomes of this model, offering recommendations for its future development and implementation. Full article
(This article belongs to the Special Issue Social Innovation: Local Solutions to Global Challenges)
17 pages, 855 KB  
Article
Artificial Intelligence Investment in Resource-Constrained African Economies: Financial, Strategic, and Ethical Trade-Offs with Broader Implications
by Victor Frimpong
World 2025, 6(2), 70; https://doi.org/10.3390/world6020070 - 20 May 2025
Viewed by 2887
Abstract
This paper argues that investing in artificial intelligence (AI) in developing economies involves significant trade-offs requiring ethical, financial, and geopolitical scrutiny. While AI is increasingly seen as a vehicle for technological leapfrogging, such ambitions often mask structural constraints, including weak infrastructure, limited institutional [...] Read more.
This paper argues that investing in artificial intelligence (AI) in developing economies involves significant trade-offs requiring ethical, financial, and geopolitical scrutiny. While AI is increasingly seen as a vehicle for technological leapfrogging, such ambitions often mask structural constraints, including weak infrastructure, limited institutional capacity, and external dependency. Using the economic theory of opportunity cost—extended through the political economy and digital governance perspectives—this study critically examines AI policy strategies in Ghana, Kenya, and Rwanda. A qualitative design grounded in secondary data and a thematic analysis reveal how AI investment may reallocate scarce resources away from essential services, exacerbate inequality, and entrench strategic technological dependency. This paper proposes a public policy framework built on four principles—sequential readiness, strategic alignment, ethical governance, and capacity building—to guide equitable AI deployment. It argues for establishing a digital social compact between states, citizens, and technology actors to safeguard public interest in AI-driven development. Finally, this paper outlines a future research agenda emphasizing the mixed-method evaluation of AI’s long-term social impacts, including employment, inclusion, and public service delivery. Full article
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18 pages, 1470 KB  
Article
From Iceland to the Canary Islands: Understanding the Appeal of Mass Tourism in the Age of Over-Tourism
by Kristín Loftsdóttir and Már Wolfgang Mixa
Tour. Hosp. 2025, 6(2), 76; https://doi.org/10.3390/tourhosp6020076 - 29 Apr 2025
Cited by 2 | Viewed by 3246
Abstract
The Canary Islands have long been a major European destination for mass tourism, often associated with ‘sun-and-beach’ vacations. Critiques of mass tourism have intensified in recent years, as reflected in the 2024 protests in the Canary Islands, which linked mass tourism to economic [...] Read more.
The Canary Islands have long been a major European destination for mass tourism, often associated with ‘sun-and-beach’ vacations. Critiques of mass tourism have intensified in recent years, as reflected in the 2024 protests in the Canary Islands, which linked mass tourism to economic inequalities and concerns about sustainability. Through the case example of Icelandic tourism to the Canary Islands, this research asks two questions: (a) why mass tourism destinations are appealing, and (b) how these reasons can be more fully understood within a broader geopolitical and structural context. The research methods include a survey conducted in Iceland in 2022 and an analysis of media coverage in Iceland related to the Canary Islands from 2017 to 2022. Survey data indicate that the islands are primarily perceived as an easily accessible, well-established holiday destination. Simultaneously, an analysis of media discussions reveals a limited discourse on the islands in Icelandic media, mainly focusing on tourism. The results illustrate how specific destinations become desirable by prioritizing infrastructure associated with mass tourism, where tourism’s impact on host communities, economies, and environments tends to be invisible. Full article
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37 pages, 3510 KB  
Article
Factors Affecting Transboundary Water Disputes: Nile, Indus, and Euphrates–Tigris River Basins
by Mujib Ahmad Azizi and Jorge Leandro
Water 2025, 17(4), 525; https://doi.org/10.3390/w17040525 - 12 Feb 2025
Cited by 4 | Viewed by 10636
Abstract
Transboundary water disputes arise as nations compete over shared water resources, exacerbated by climate change, socio-economic inequalities, and geopolitical tensions. These disputes, prominent in river basins like the Nile, Euphrates–Tigris, and Indus, threaten regional stability, water security, and ecological sustainability. This study investigates [...] Read more.
Transboundary water disputes arise as nations compete over shared water resources, exacerbated by climate change, socio-economic inequalities, and geopolitical tensions. These disputes, prominent in river basins like the Nile, Euphrates–Tigris, and Indus, threaten regional stability, water security, and ecological sustainability. This study investigates the drivers of such conflicts, evaluates the role of historical treaties, and examines the socio-economic and political dynamics, including hydro-hegemony and power imbalances, that influence governance. The research addresses the two following key questions: what factors drive transboundary water disputes, and what lessons from past conflicts and cooperation can guide future governance frameworks? Using a descriptive approach, the study critically analyses the literature and case studies to identify actionable insights. Specific objectives include analyzing drivers of conflict, assessing treaty efficacy, and deriving sustainable water-sharing strategies. Findings reveal that climate variability, population growth, and outdated agreements intensify challenges. In the Nile River Basin, Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) strains relations, while in the Indus Basin, the outdated Indus Waters Treaty struggles to address modern demands. Similarly, unilateral actions in the Euphrates–Tigris River Basin (ETRB) exacerbate socio-political instability. The study underscores the importance of inclusive governance, equitable treaties, and integrated strategies, such as integrated water resources management and climate adaptation, to balance ecological, socio-economic, and geopolitical priorities. Linking these efforts to the Sustainable Development Goals highlights their potential to transform conflict into opportunities for regional stability and shared prosperity. Full article
(This article belongs to the Section Water Resources Management, Policy and Governance)
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23 pages, 2526 KB  
Article
A Systems View of Circular Economy
by Carlos Scheel and Eduardo Aguiñaga
Sustainability 2025, 17(3), 1268; https://doi.org/10.3390/su17031268 - 5 Feb 2025
Cited by 5 | Viewed by 2727
Abstract
In many developing countries, economic growth is often prioritized, sidelining critical issues such as social inequality, pollution, climate change, ocean degradation, and pressing needs for health, education, food, and water management. Traditional linear models in organizations, based on product innovation and hierarchical governance, [...] Read more.
In many developing countries, economic growth is often prioritized, sidelining critical issues such as social inequality, pollution, climate change, ocean degradation, and pressing needs for health, education, food, and water management. Traditional linear models in organizations, based on product innovation and hierarchical governance, have been successful in certain contexts but are no longer viable in the face of finite natural resources and environmental degradation. This paper proposes a Systems Approach to Circular Economy as a practical framework for achieving “circular business-driven sustainability”, a concept proposed by major global organizations such as COP-25. This approach redefines sustainability, aiming to generate “sustainable wealth increasing returns” that benefit all key stakeholders, including the environment, society, and the economy. The primary objective of this paper is to introduce a new paradigm that facilitates the transition to more conscious, long-term growth. The proposed circular iterative thinking framework shifts from linear, reductionist thinking to a more holistic, systemic vision, underpinned by disruptive sustainable innovation. This novel paradigm creates positive impacts across the economy, environment, and global geopolitics. The paper demonstrates the application of this framework in two case studies, providing concrete evidence of its utility in real-world scenarios, including Heineken’s sustainable practices at its Meoqui brewery, which recovered methane for energy use, reduced water consumption, and contributed to local irrigation. The results underscore the effectiveness of the Systems Approach to Circular Economy in achieving economic decoupling and enhancing sustainability. Full article
(This article belongs to the Section Sustainable Management)
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19 pages, 2516 KB  
Article
Microsimulation Analysis of COVID-19 and Inflation Effects on Romanian Household Income Dynamics
by Eva Militaru, Amalia Cristescu, Maria Denisa Vasilescu and Larisa Stanila
Economies 2024, 12(12), 344; https://doi.org/10.3390/economies12120344 - 16 Dec 2024
Cited by 2 | Viewed by 1717
Abstract
In recent years, EU member states have faced two significant crises: the COVID-19 pandemic and high inflation, exacerbated by geopolitical instability. These events have led to a decline in household purchasing power. Our study aims to quantify the impact of these crises on [...] Read more.
In recent years, EU member states have faced two significant crises: the COVID-19 pandemic and high inflation, exacerbated by geopolitical instability. These events have led to a decline in household purchasing power. Our study aims to quantify the impact of these crises on household income dynamics in Romania, using data from the EU Survey on Income and Living Conditions and the EUROMOD tax-benefit microsimulation model. We analyze income changes across demographic segments from 2019 to 2021 (COVID-19 period) and 2021 to 2023 (inflation crisis), focusing on household characteristics such as the presence and number of children, the gender of the household head, and the presence of elderly members. Our findings reveal that while disposable income increased from 2019 to 2021, the poorest 10% experienced the smallest gains. In 2022–2023, inflation eroded these increases, and the lower half of the income distribution struggled with reduced earnings and pensions. Despite this, the Gini coefficient for disposable income decreased from 2019 to 2023, indicating a reduced inequality. Our study highlighted that targeted public policy interventions are essential to support vulnerable households and mitigate the effects of economic shocks. Full article
(This article belongs to the Section Labour and Education)
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