Resilience in the blue bioeconomy: What can COVID-19 teach the Arctic about the impact of crises on value chains? PDF Download

Author: Nordic Council of Ministers Secretariat
Publisher: Nordic Council of Ministers
ISBN: 9289371250
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
Available online: https://pub.norden.org/nord2021-058/ Drawing on the key findings of the report, Resilience in the blue bioeconomy, food and agriculture, and forestry sectors: What can COVID-19 teach the Nordic region, this brochure focuses on how blue bioeconomy value chains were affected by the COVID-19 pandemic in the Arctic region. Through additional expert interviews, the brochure outlines the possibilities and challenges after the pandemic and points to the central role policy can play in light of future crises.

Author: Meta Arh
Publisher:
ISBN: 9789610708636
Category :
Languages : en
Pages : 22

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Book Description
With the rise of the Delta variant of Covid-19 at the beginning of 2021, a study was conducted on value chain resilience. The value chains in question were food, natural cosmetics and natural pharmaceuticals with the focus on companies from regions being Baden-Württemberg and Slovenia. The Covid-19 pandemic has exposed vulnerabilities in production and supply chains throughout the EU and wider world. Various studies imply that reorganizing value chains is imperative to making them more resilient. However, the level of exposure to pandemics differed among industries. Companies had multiple options for building resilience, and the major resilience strategies vary by industry. For some, it is essential to increase the inventory of critical products1 . For others, diversifying value chains ensures less dependency on external production and, where they are dependent on external producers, ensures that such dependence is spread amongst more trading partners.%%The objective of the current study was to gain insights and lessons learned on measures and strategies that firms from the food, natural cosmetics and natural pharmaceuticals industries apply to mitigate the adverse impacts of the Covid-19 pandemic and ensure their value chains% resilience in times of crises and high uncertainty. While there are several theoretical concepts on value chain resilience, this study provides empirical examples of twenty companies from Baden-Württemberg and Slovenia, who shared their latest experiences with the effects of Covid-19 in the interviews.

Author: Halloran, Afton
Publisher: Nordic Council of Ministers
ISBN: 9289366206
Category : Business & Economics
Languages : en
Pages : 211

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Book Description
Online publication: https://pub.norden.org/nord2020-038/ Abstract [en] While the Nordic Region has strong foundations of resilience, the COVID-19 pandemic has shed light on some of the vulnerabilities in Nordic food systems. A crisis can provide new opportunities to recognise what is not working in our food system and provide the context needed to build new systems, collaborations, and resilience. This think piece is intended to stimulate a discussion around the vulnerabilities of the Nordic food system and to highlight the importance of developing a systems-based resilience strategy to ensure that the Nordic Region can bounce forward after future shocks. It uses the context of the COVID-19 pandemic as an example in order to focus the analysis and ends with reflections on what is needed going forward to fully assess the state of Nordic food systems.

Author: Gioacchino Pappalardo
Publisher: Frontiers Media SA
ISBN: 2832539297
Category : Science
Languages : en
Pages : 164

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Book Description
The current international scenario with the war in Ukraine will have potential impacts on agri-food systems across the world. This scenario will change the balance of power among actors in the agri-food sector. High margins of uncertainty are common across supply chains in the face of uncontrolled increases in raw material prices and an uncertain guarantee of supply. This uncertainty is compounded by rising energy prices, putting the entire agrifood supply chain, which is highly energy-intensive, in crisis. In addition, the current war scenario could impact the demand for agricultural and food products by changing consumers' purchasing habits. Increasing the resilience of agri-food systems may need to become a priority for many national economic systems. In this scenario, the routes to achieve resilient agrifood systems are numerous and include reducing agriculture's dependence on energy, energy-intensive imports and raw material imports. Resilience also requires diversified import sources and market outlets through sound multilateral and bilateral trade policy.

Author: Ashraf Mishrif
Publisher: Springer Nature
ISBN: 9819729629
Category :
Languages : en
Pages : 309

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Author: Yossi Sheffi
Publisher: MIT CTL Media
ISBN: 1735766127
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Much has been written about Covid-19 victims, how scientists raced to understand and treat the disease, and how governments did (or did not) protect their citizens. Less has been written about the pandemic’s impact on the global economy and how companies coped as the competitive environment was upended. In his new book, "The New (Ab)Normal", MIT Professor Yossi Sheffi maps how the Covid-19 pandemic impacted business, supply chains, and society. He exposes the critical role supply chains play in helping people, governments, and companies to manage the crisis. The book draws on executive interviews, pandemic media coverage, and historical analyses. Sheffi also builds on themes from his books "The Resilient Enterprise" (2005) and "The Power of Resilience" (2015) to enrich the narrative. The author paints a compelling picture of how the Covid-19 virus is changing many facets of human life and what our post-pandemic world might look like. This must-read book helps companies to redefine their business models and adjust to a fast-evolving economic landscape. The stage is set In Part 1 of the book, “What Happened,” the author looks at how companies fought to mend the global economic fabric even as the virus ripped more holes in it. Part 2, “Living with Uncertainty,” views the crisis through a supply chain risk management lens derived from Yossi Sheffi’s previous books. This perspective shows how companies create corporate immune systems to quickly recognize and manage large-scale disruptions. The ongoing pandemic is creating a new normal in life, work, and education—covered in Part 3, “Adjustment Required.” Consumer fears about the contagion as well as government mandates require businesses in industries such as retail, hospitality, entertainment, sports, and education to create “safe zones” for workers and customers. Many elements of the book – especially in Part 4, “Supply Chains for the Future” – show how the virus accelerated preexisting trends in technology adoption. China was the epicenter of the pandemic; it also was the first nation to be disrupted and recover. Part 5 of the book, “Of Politics and Pandemics,” explains why reports that companies are abandoning China in favor of other offshore manufacturing centers do not reflect reality. Fundamentally, The New (Ab)Normal is about businesses trying to create a better future in a time of extreme uncertainty – a point emphasized in Part 6, “The Next Opportunities.” The outlook is not necessarily gloomy. The advance of technology is accelerating, a trend that can level the playing field between small and large companies. Nimble small businesses are using a growing array of off-the-shelf cloud computing and mobile apps to deploy sophisticated technologies in their supply chains and customer interfaces. The New (Ab)Normal Another new normal is working from home. Remote working enables individuals to live anywhere and companies to recruit talent from anywhere. Education, especially higher education, faces a major disruption (and major opportunity) that is likely to shake the high-cost model of in-person education in favor of online or hybrid education. Regrettably, the book recognizes one trend accentuated by Covid-19--the growing inequality, and anticipates that the new normal will be more stratified.

Author: Walter Leal Filho
Publisher: Springer Nature
ISBN: 3030692841
Category : Science
Languages : en
Pages : 480

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Book Description
This book gathers and disseminates opinions, viewpoints, studies, forecasts, and practical projects which illustrate the various pathways sustainability research and practice may follow in the future, as the world recovers from the COVID-19 pandemic and prepares itself to the possibilities of having to cope with similar crisis, a product of the Inter-University Sustainable Development Research Programme (IUSDRP) https://www.haw-hamburg.de/en/ftz-nk/programmes/iusdrp.html and the European School of Sustainability Science and Research (ESSSR) https://esssr.eu/. The COVID-19 pandemic has led to severe human suffering, and to substantial damages to economies around the globe, affecting both rich countries and developing ones. The aftermath of the epidemic is also expected to be felt for sometime. This will also include a wide range of impacts in the ways sustainable development is perceived, and how the principles of sustainability are practised. There is now a pressing need to generate new literature on the connections between COVID-19 and sustainability. This is so for two main reasons. Firstly, the world crisis triggered by COVID-19 has severely damaged the world economy, worsening poverty, causing hardships, and endangering livelihoods. Together, these impacts may negatively influence the implementation of sustainable development as a whole, and of the UN Sustainable Development Goals in particular. These potential and expected impacts need to be better understood and quantified, hence providing a support basis for future recovery efforts. Secondly, the shutdown caused by COVID-19 has also been having a severe impact on teaching and research, especially –but not only – on matters related to sustainability. This may also open new opportunities (e.g. less travel, more Internet-based learning), which should be explored further, especially in the case of future pandemics, a scenario which cannot be excluded. The book meets these perceived needs.

Author: Agnieszka Rzepka
Publisher: Taylor & Francis
ISBN: 1040099424
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
The COVID-19 pandemic upended our social and economic lives. Lockdowns forced firms to implement health and safety protocols, employees to work from home, and businesses of all sorts to close. Even as lockdowns eased, the landscape of work, commerce, leisure, and education was irrevocably transformed. While in many ways life has returned to normal, many of the changes wrought by the pandemic are here to stay. This book presents research on these transformations, examining how the economy and society were impacted. Organizing different aspects of the pandemic into individual chapters, this book examines issues such as financing structures, liquidity, profitmaking, investment, financial security, and market valuation, among other topics. Reflecting deep research as well as an extensive review of the literature, each chapter provides not just theoretical and empirical insight but also a set of policy recommendations to insure against similar crises in the future. Encompassing a range of case studies, it outlines strategies for dealing with the manifold challenges of today’s business environment. This book showcases the development of particular sectors over the course of the pandemic, and as such, serves as a valuable study, enabling a comprehensive analysis of topics ranging from economics to social dynamics. It provides a deep understanding of this unique period's wide-ranging challenges and transformations and underscores the central economic concern of the pandemic's effect on economic security, a topic discussed throughout several chapters. Furthermore, it includes a discussion on the broader scope of “polycrisis". This volume was designed to appeal to a wide range of readers interested in economics, management, regional studies, and related fields.

Author: Stoian, D.
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 32

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Author: OECD
Publisher: OECD Publishing
ISBN: 9264362851
Category :
Languages : en
Pages : 178

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Book Description
The crisis triggered by the COVID-19 pandemic has been unlike any other the world has experienced, requiring social distancing and restrictions on mobility, and rendering some economic activity impossible. This publication explores and compares the characteristics that have affected the ability of firms, workers and consumers to maintain production, employment and consumption during the COVID-19 crisis, across industries and countries.