COVID-19 and the Growth Potential

نویسندگان

چکیده

Abstract The lasting economic impact of the coronavirus pandemic will become apparent in development macroeconomic factors production — labour, capital, human capital as well stock technical knowledge. Changes behaviour such a greater acceptance technology can strengthen potential output permanently. By contrast, negative effects may arise from growing protectionist attitudes or long-lasting uncertainties and ‘scarring effects’. In any case, crisis has induced push. This be intensified if digitisation gains additional support investments infrastructure heralds renaissance natural sciences with corresponding on physical For time being, it is unclear what restructuring secular structural change have output. However, dangers are lurking acceleration geopolitical tensions, misunderstanding technological sovereignty increasing government interventions, which, whole, could hamper innovation investment.

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ژورنال

عنوان ژورنال: Intereconomics

سال: 2021

ISSN: ['0020-5346', '1613-964X']

DOI: https://doi.org/10.1007/s10272-021-0950-4