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Erschienen in:
2022 | OriginalPaper | Buchkapitel
Foreword- Sustainable and Resilient Economies, Theoretical Considerations
verfasst von : Taha Chaiechi
Erschienen in: Community Empowerment, Sustainable Cities, and Transformative Economies
Verlag: Springer Nature Singapore
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Abstract
The orthodox methods of addressing external risks, such as climate change, public health emergencies and unsustainable growth, are no longer adequate. In the new millennium, these frequent external shocks have resulted in substantial economic losses, recessions, and loss of well-being and even lives. Methods that have been used in addressing these issues in the forms of climate adaptation plans, national strategies, public health emergency contingency planning, and sustainable development plans and strategies have one thing in common; they largely ignore the ongoing structural changes associated with economic development. Furthermore, these methods have also failed to account for evolving industries’ composition and new comparative advantages and skills.