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This book presents economic research on global paradigm shifts
after the COVID-19 crisis. It explores some expected deep and
long-lasting changes that are building up a “new normal”.
Featuring select contributions presented at the 2021 International
Conference of Economic Scientific Research - Theoretical, Empirical
and Practical Approaches (ESPERA), this book explores topics such
as digitalization and digital sovereignty, workforce management,
virtual training, digital currency, de-carbonization in production
processes, supply chains, cybersecurity, automation, artificial
intelligence, machine learning, Internet of Things and blockchain
technologies.
ESPERA was initiated in 2013 by the National Institute for Economic
Research "Costin C. Kiritescu", Romanian Academy. The aim of the
International conference is to present and evaluate the economic
scientific research portfolio, to argue and substantiate
development strategies, including European and global best
practices. ESPERA intend to become a scientific support for
conceptualisation and establishment of policies and strategies and
to provide a systematic, wide and challenging dialogue within the
European area of economic and social research. The 2018 edition of
the Conference took place under the title "The Romanian Economy. A
Century of Transformation (1918-2018)", as part of the Romanian
Academy anniversary events celebrating the "100th anniversary of
the Great Union of Romania".
This book is a pivotal publication that seeks to improve food
security in the conditions of escalating protectionism in global
agricultural trade. The authors argue that global trade systems
have been increasingly distorted by emerging trade tensions between
major actors such as the US, China, the EU, and Russia, as well as
trade policies in many other countries. In view of the most recent
disruption of global food supply chains due to the outbreak of the
COVID-19, the book examines the effects of administrative
restrictions, tariff escalations, and other forms of protectionism
on food security. Over the decades, food security concerns have
been emerging, along with the growth of the world population. More
than two billion most impoverished people in the world spent up to
70% of their disposable income on food. In 2020, the running
pandemic has unraveled accumulated problems. As many countries rely
on agricultural imports, lockdowns and disrupted food production
and supply chains tremendously threaten food security of those
nations. Agricultural trade was already slowing in 2019 before the
virus struck, weighed down by trade tensions, and decelerating
economic growth. The spread of the virus and strict quarantine
measures trigger economic decline that results in food prices rises
and volatilities. Due to the pandemic, nearly all regions will
suffer double-digit decline in trade volumes 2020. The virus will
be defeated, but the effects of the protectionism outbreak would
have a much longer-lasting impact on agricultural production,
international supply chains, and food security worldwide. In this
publication, the authors probe into many of the choices that link
national, regional, and global policies extensively with the
provision of food security for all in the new era of post-virus
global trade. Since studying global agricultural trade has a
multinational application, its outcomes might be shared with a
broad international network of stakeholders, including research
institutions, universities, and individual researches. The book is
appropriate for government officials, policymakers, and businesses
of many countries. Adaptation of research outcomes and solutions to
the situation in particular countries and various collaboration
formats will let to increase the visibility of the publication and
to elaborate new practices and solutions in the sphere of
establishing sustainable food security.
The volumes are dedicated to the 30th anniversary of "Costin C.
Kiritescu" National Institute for Economic Research and its
research network of the return under the aegis of the Romanian
Academy. The NIER's network of incorporated research institutes and
centers under its scientific coordination include the Institute of
National Economy, the Institute of Economic Forecasting, the
Institute of Agricultural Economics, the Research Institute for
Quality of Life, the Institute of World Economy, the Centre of
Industry and Services Economics, the Centre for Financial and
Monetary Research, the Centre for Studies and Research on
Agricultural and Forest Biodiversity and the Centre for Economic
Information and Documentation. Also, under NIER's umbrella six
unincorporated research entities are set up: the Centre for Complex
Research, the Romanian Centre for Comparative Economics and
Consensus, the Centre for Macroeconomic Modelling, the Centre for
Demographic Research, the Centre form Renewable Energy and Energy
Efficiency and the Centre for Mountain Economics.
The volumes are dedicated to the 30th anniversary of "Costin C.
Kiritescu" National Institute for Economic Research and its
research network of the return under the aegis of the Romanian
Academy. The NIER's network of incorporated research institutes and
centers under its scientific coordination include the Institute of
National Economy, the Institute of Economic Forecasting, the
Institute of Agricultural Economics, the Research Institute for
Quality of Life, the Institute of World Economy, the Centre of
Industry and Services Economics, the Centre for Financial and
Monetary Research, the Centre for Studies and Research on
Agricultural and Forest Biodiversity and the Centre for Economic
Information and Documentation. Also, under NIER's umbrella six
unincorporated research entities are set up: the Centre for Complex
Research, the Romanian Centre for Comparative Economics and
Consensus, the Centre for Macroeconomic Modelling, the Centre for
Demographic Research, the Centre for Renewable Energy and Energy
Efficiency and the Centre for Mountain Economics.
The book contains researchers’ scientific opinions and ideas
focused on Romanian Academy Strategy 2020. The authors consider
economic structures, trends and possible responses to globalisation
and European integration challenges.This volume is dedicated to the
recently deceased research fellow professor Constantin Ciutacu who
was one of the initiators of the ‹‹Economic Scientific Research
– Theoretical, Empirical and Practical Approaches›› (ESPERA)
conference and a personality of the Romanian economic research.
ESPERA is initiated annually by the National Institute for Economic
Research ‹‹Costin C. Kirițescu›› of the Romanian Academy.
It aims to present and evaluate the economic scientific research
portfolio and to argue and substantiate development strategies,
including European and global best practices. ESPERA intend to
become a scientific support for conceptualisation and the
establishment of policies and strategies to provide a systematic,
permanent, wide and challenging dialogue within the European area
of economic and social research.
This book is a pivotal publication that seeks to improve food
security in the conditions of escalating protectionism in global
agricultural trade. The authors argue that global trade systems
have been increasingly distorted by emerging trade tensions between
major actors such as the US, China, the EU, and Russia, as well as
trade policies in many other countries. In view of the most recent
disruption of global food supply chains due to the outbreak of the
COVID-19, the book examines the effects of administrative
restrictions, tariff escalations, and other forms of protectionism
on food security. Over the decades, food security concerns have
been emerging, along with the growth of the world population. More
than two billion most impoverished people in the world spent up to
70% of their disposable income on food. In 2020, the running
pandemic has unraveled accumulated problems. As many countries rely
on agricultural imports, lockdowns and disrupted food production
and supply chains tremendously threaten food security of those
nations. Agricultural trade was already slowing in 2019 before the
virus struck, weighed down by trade tensions, and decelerating
economic growth. The spread of the virus and strict quarantine
measures trigger economic decline that results in food prices rises
and volatilities. Due to the pandemic, nearly all regions will
suffer double-digit decline in trade volumes 2020. The virus will
be defeated, but the effects of the protectionism outbreak would
have a much longer-lasting impact on agricultural production,
international supply chains, and food security worldwide. In this
publication, the authors probe into many of the choices that link
national, regional, and global policies extensively with the
provision of food security for all in the new era of post-virus
global trade. Since studying global agricultural trade has a
multinational application, its outcomes might be shared with a
broad international network of stakeholders, including research
institutions, universities, and individual researches. The book is
appropriate for government officials, policymakers, and businesses
of many countries. Adaptation of research outcomes and solutions to
the situation in particular countries and various collaboration
formats will let to increase the visibility of the publication and
to elaborate new practices and solutions in the sphere of
establishing sustainable food security.
ESPERA was initiated in 2013 by the National Institute for Economic
Research "Costin C. Kiritescu", Romanian Academy. The aim of the
International conference is to present and evaluate the economic
scientific research portfolio, to argue and substantiate
development strategies, including European and global best
practices. ESPERA intend to become a scientific support for
conceptualisation and establishment of policies and strategies and
to provide a systematic, wide and challenging dialogue within the
European area of economic and social research. The 2018 edition of
the Conference took place under the title "The Romanian Economy. A
Century of Transformation (1918-2018)", as part of the Romanian
Academy anniversary events celebrating the "100th anniversary of
the Great Union of Romania".
The current evolution of the European economy suggests that in the
near future, research in agri-food economy and agri-food
production, and agricultural production systems and structures must
be redesigned, adapted and developed to respond to the lack of
sustainability of agri-food production systems and the current
global food crisis. This book analyses the agricultural paradigm
transformations that occur as countries converge on the European
agricultural model and what their impact is for sectoral
development, while emphasizing their contribution to the
redefinition of rural agricultural communities and economy. This
book helps develop a theoretical framework by analysing the
specialized empirical literature and techniques used in the field
of agricultural economy research, with a focus on the
transformation of Romanian agriculture in order to become
integrated and respond to the globalization of markets. presents,
analyses and discusses the main theories in field of agricultural
economics and paradigms; creates a working paradigm for this
concept within agricultural economics; provides a theoretical
framework for the agricultural model. The book is aimed at students
and researchers in agricultural economics, and government and
policy makers internationally.
Agriculture represents a basic economic sector for Romanian economy
with major implication on a large part of inland population. The
accession to the EU has imposed major changes to the Romanian
agricultural sector to achieve better outcomes and to adapt to the
new economic performance criteria. The book represents a pertinent
analysis regarding the evolution of the Romanian agricultural
sector and emphasis the need for optimization of the agricultural
production structures. Valuing the inland agricultural potential
involves designing well competitive production structures which
should better combining all the productions factors existing in the
rural areas and communities. The book contains five alternatives in
designing the agricultural production structures.
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