233 research outputs found
Contemporary research issues in new product introduction
No full textKirjoittajat: Maunuksela Ari, Kekäle Tauno,
Gjedrum Jonaton, Shah Nilay,
Papageorgiou Lazaros G., Malindžák Dušan,
Imppola Jorma J., Družovec Marjan,
Welzer Tatjana, Godina Andrej, Hilmola Olli-Pekka,
Helo Petrifi=vertaisarvioimaton|en=nonPeerReviewed|ei tietoa saavutettavuudest
The logistic, economic and sustainability challenges of modern globalization revealed by the COVID-19 pandemic
No full textResearch background: The COVID-19 pandemic revealed many problems in global logistics, economy and sustainability. Very long time the globalization has been seen as the motor of international development and prosperity. Because the COVID-19 pandemic the global logistics has seriously affected (for example air and sea logistics), especially European and US economies have experienced serious setback and even the global sustainability has been under turmoil.
Purpose of the article: In this article the major logistic, economic and sustainability challenges revealed by the COVID-19 pandemic during the years 2020 and 2021 will be researched and the research aims to define, how the global logistics, economy and sustainability have been affected and especially which of these changes can be seen irreversible. The world has already started the change of economic paradigm manifested by the Financial Times on September 18th 2019 in their article “Capitalism: Time for a Reset”. All the aspects highlighted by FT were catalysed by COVID-19 pandemic and now it is time to define, how we can use this experience for creation of the new globalization paradigm.
Methods: The main method of creating this article is to find and analyse recent practical information about challenges, development and solutions in logistics, economics and sustainability.
Findings & Value added: The main finding of this article is to create a holistic overview about what happened and what has been done in global logistics, economy and sustainability and how the post-COVID-19 ought to deal with globalization. The world will never return back to the status quo which was before the new economic paradigm and COVID-19, so it is necessary to understand, how our globalized world will change in the future
Global economy and its sustainability in the globalized world
No full textGlobalized economy has changed the whole world both in good and in bad. The changes in economy have significant impact on the everyday life, which affect practically everyone. Because the economy, monetary systems and financial markets form the operational platform of the globalized world, it is necessary to understand their role. As the economy is one of the three main pillars of the sustainability, it is impossible to develop the global sustainability without stabile and sustainable economy. The inequality of the distribution of wealth and prosperity is the most critical factor of economic sustainability and the ever-increasing accumulation of wealth and money is one of the most crucial factors jeopardising the global sustainability. People and nations struggling economically are usually having the biggest challenges with both social and environmental sustainability. Wealth works dually: it enables rich people and nations to increase their consumption footprint and they hinder poor people and nations to make consumer decisions and investments needed to improve sustainability. The rich countries have outsourced their unsustainable industrial activities to poor countries having undeveloped legislation and maximized their profits by utilising these socially and ecologically unsustainable labour and production practises, which most are illegal in the rich countries
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