Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Vasilica Mariana BIGEA

Academia de Studii Economice din Bucureşti

The Covid-19 pandemic has caused a great deal of change in all respects and has revealed how prepared or unprepared the world economy is to meet such a challenge. In the wake of this pandemic, a number of economic issues have re-emerged that led to many debates but also to many challenges for the entire current political class. Unemployment, the bankruptcy of many companies, declining purchasing power, resetting employees' priorities, changing their needs and priorities, rampant inflation, the state of public health systems, poverty, worsening discrepancies and social polarization, global warming and the difficulties of refuelling and, last but not least, war are the problems facing humanity today. Though not the only one to do so, Joseph Stiglitz has drawn attention to many of these economic challenges in a series of recent articles, drawing parallels of all these imbalances to those observed in the period 2008-2009.

ŒCONOMICA no. 4/2021

Keywords: pandemic, inflation, poverty, polarization, bankruptcy, global warming, war

JEL: A12, F61, I31, I32, J60

Nobel Laureate, Joseph Stiglitz, On Economic Challenges after Covid-19 [Laureatul Nobel, Joseph Stiglitz, despre provocările economice după Covid-19]

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