ASHUES - CALL FOR PAPERS- THE NEXT NORMAL AFTER THE GREAT RESET: TRENDS THAT WILL DEFINE 2021 AND BEYOND
2021-04-01
ASHUES’ Call for Papers refers to the trends in the world economy and the risks to which it may be subject The year 2021 it was a year of transition. Except for unexpected catastrophes, individuals, companies and society can begin to shape their future, rather than go through the present. What follows will probably be totally different from everything we knew until now. However, this will not mean going back to the conditions that prevailed in 2019. Indeed, just as the terms "pre-war" and "post-war" are commonly used to describe the 20th century, future generations will probably discuss the pre-COVID-19 era and the post-COVID-19 era.
Although recent vaccine approvals have raised hopes of a pandemic change by the end of 2020, renewed waves and new variants of the virus are concerns for the future. Against the background of exceptional uncertainty, the global economy is expected to grow by 5.5% in 2021 and 4.2% in 2022, according to studies made by the IMF – World Economic Outlook Update, January 2021: Policy Support and Vaccines Expected to Lift Activity.
COVID-19 will force a renaissance of many industries, re-evaluating and re-imagining modes of consumption, supply, interaction and productivity.
For example, the transition from cash to digital payments is clearly accelerating. A number of 31 countries have raised contactless payment limits this year to support social distancing measures. In the UK, ATM use has already fallen by between 6% and 14% a year, but has now fallen by more than half. Red more...