Innovations in COVID times: which lessons to learn for the cultural industry?

The COVID-19 pandemic, and the lockdown of populations and businesses that followed, disrupted the operations of many industries. It also paved the way for a large number of innovations and for an overall technological acceleration, both from companies and from consumers. More than other sectors, culture was largely affected by the crisis through the closing of theatres and of borders and had no other solution than adaptation and innovation in order to survive. This paper discusses a number of such innovations, both in terms of technology and of business models for the cultural industry (i.e. performing arts). Consumers' evaluation of such innovations is assessed through a quantitative survey involving streaming experiences with theatre programs and broadcasted concerts.

A government-driven sectoral transformation? French and German policy responses to the COVID-crisis in the automotive industry

This paper explores the COVID-era government stimulus programs for the automotive industry in France and Germany. We assess the design of the sectoral support packages and the related policymaking processes against the background of the discourse about crisis-era state aid as an instrument of economic restructuring. We place the sectoral stimulus programs in the context of changing EU-level regulations and the following three country-level characteristics: the revival of industrial policy thinking among national policymakers;the growing economic pressures in the domestic automotive sectors;and the established structures of government-industry interest intermediation. Our results suggest that in both countries, large and technologically transformative recovery programs were introduced for the automotive sector. However, both support packages had a rather structurally conservative character and were influenced by different pre-existing state-industry dynamics: the corporatist concertation in Germany and post-dirigiste state interventionism in France.

Aide médicale urgente — établissement d'hébergement des personnes âgées dépendantes : retour d'expérience d'une organisation innovante pendant la crise Covid-19

La crise sanitaire Covid-19 a obligé les Samu–Smur à adapter leurs organisations au jour le jour. La régulation a dû trouver des réponses spécifiques aux types d'appels, au plan quantitatif et qualitatif. En lien avec la médecine générale et les recommandations ministérielles, le Samu devait être le garant d'une juste orientation des patients vers les services hospitaliers. Le Samu 94 et la faculté de santé de Créteil ont créé une cellule dédiée aux établissements d'hébergement des personnes âgées dépendantes, accessible via une ligne spécialisée du Samu–centre 15, offrant 24 heures/24 l'accès à des compétences gériatriques et conseils divers, véritable lien ville–hôpital. Le retour d'expérience montre que cette cellule est une des facettes, dans le domaine de la gériatrie, de ce qu'est le concept de service d'accès aux soins (SAS) et qu'il ne faut pas attendre un rebond de crise pour en consolider les fondements.Alternate : The COVID-19 health crisis forced the French emergency call centers (SAMU), and related prehospital medical mobile teams, to quickly adapt and reorganize on a daily basis. Call centers had to come up with specific responses to all types of calls, as well as to manage quantitative increases in call intakes, and to maintain high qualitative standards. In collaboration with general practices, and aligned on ministerial recommendations, the SAMU was to be the gatekeeper of the surge in referrals of elderly patients to in-hospital emergency departments. SAMU 94 and the health faculty of the University of Créteil, France, jointly set up an online unit dedicated to nursing homes, accessible via a specific SAMU telephone line. It offered 24/7 access to geriatric expertise and advice, and aimed to strengthen the chain of care between general practices and hospitals. Feedback shows that this geriatric unit is one of the facets of the healthcare access system that the innovative French SAS relies on, and that we should not wait for a second-wave crisis to consolidate its foundations.

How to Reduce Extreme Risk of the U.S. Tourism Indices?-Minimum-CVaR Portfolio Approach

This paper combines two tourism indices from the U.S. with six auxiliary assets in a multivariate portfolio in order to minimize extreme risk of the indices. Extreme risk is measured by the conditional Value-at-Risk metric. We construct the two types of portfolios – one is the minimum-risk portfolio, and the other one has the 50% constraint on the tourism indices. Also, we determine the pre-COVID and COVID subsamples via the modified ICSS algorithm. The results indicate that the tourism indices are mostly removed from the minimum-risk portfolios because they are among the riskiest assets. Because of that, the tourism-dominated portfolios gain greater importance. Gold has the highest share as an auxiliary asset in the tourism-dominated portfolios because gold has relatively low risk, but more importantly, gold has very low pairwise correlation with the tourism indices. In the COVID period, the share of gold increases compared to the preCOVID period, which means that the best hedging abilities of gold comes to the fore in a crisis. High risk of the tourism indices is reduced more than 40% in the tourismdominated portfolios. © 2023, Faculty of Social Sciences. All rights reserved.

Modelling of consumer challenges and marketing strategies during crisis

Purpose: Marketing is all about understanding your consumers and giving them what they want. However, this process becomes more complicated in times of economic crisis and national slowdown. Consumers can become scattered and unpredictable in their behaviour, making it hard to understand what they want or need. At times like these, it is more important than ever to rely on qualitative market research to understand the views of consumers and managers. Thus, this study aims to look at the significant consumer challenges that arise during times of crisis and the marketing strategies that managers prefer to counter the crisis. Design/methodology/approach: The data collected for this study involves an extensive literature review followed by personal interviews with industry experts. This study presents two separate models, indicating hierarchical relationships among consumer challenges during crisis and marketing strategies using the total interpretive structural modelling approach. Further MICMAC analysis (popularly known as cross-impact matrix multiplication) was also performed to assess each variable's driving and dependence power. Findings: "Price sensitiveness” and "adaptive buying” result as driving factors with the highest driving and lowest dependence power, which further gives rise to other consumer behaviour challenges. Likewise, the most critical strategies are "information systems” and the formation of "crisis management teams” during a crisis. At the same time, other strategies have resulted as linkage and dependent factors and none as the autonomous factor. Originality/value: This paper provides a systematic understanding of how a manager can understand the challenges consumers face during a crisis and suggests a powerful summary of strategies companies can implement to sail through a crisis. © 2023, Emerald Publishing Limited.

IMPACT OF THE COVID-2019 PANDEMIC ON THE BORDER TERRITORIES POPULATION EMPLOYMENT

The impact of the COVID-2019 pandemic varies significantly across different groups of countries, depending on their level of socioeconomic development and the type of national anti-COVID policies. The author considers the features of the social consequences of the covid-crisis in catch-up countries using the case of China, where in 2020–2022 an artificial isolation was effected as a part zero tolerance policy. The study is based on a sociological survey conducted by the author (N = 4842) using a random sampling in two cities of the Northeastern provinces of the PRC, bordering the Primorsky Territory of the Russian Federation, and significantly dependent on economic ties with Russia sharply decreased during the pandemic. Many specific changes in employment of the population were revealed: a general decline in the standard of living (almost 2/3 of the respondents), mass layoffs (more than a quarter), increase in gender inequality. It was found that the impact of the pandemic on employment and quality of life is especially negative for China's informally employed population. © 2022, Russian Academy of Sciences. All rights reserved.

Impact of the Covid-2019 Pandemic on the Border Territories Population Employment

The impact of the COVID-2019 pandemic varies significantly across different groups of countries, depending on their level of socioeconomic development and the type of national anti-COVID policies. The author considers the features of the social consequences of the covid-crisis in catch-up countries using the case of China, where in 2020-2022 an artificial isolation was effected as a part zero tolerance policy. The study is based on a sociological survey conducted by the author (N = 4842) using a random sampling in two cities of the Northeastern provinces of the PRC, bordering the Primorsky Territory of the Russian Federation, and significantly dependent on economic ties with Russia sharply decreased during the pandemic. Many specific changes in employment of the population were revealed: a general decline in the standard of living (almost 2/3 of the respondents), mass layoffs (more than a quarter), increase in gender inequality. It was found that the impact of the pandemic on employment and quality of life is especially negative for China's informally employed population.

A Comparison of Income Support Measures in the Netherlands for Employees and Independent Workers During the Covid Crisis

Since the nineties a non-protective policy in the Netherlands stimulated to work as an independent contractor. This resulted in huge numbers of bogus self-employed, because compared to employees they were much cheaper to contract. Since 2012 the intention was spoken out to limit these numbers, but an effective remedy has not yet been developed. During the Covid pandemic, massive financial aid was given to companies, independent workers and employees. This helped to limit the level of unemployment and bankruptcies, but the number of independent workers is still growing. So the financial aid given during the pandemic has not helped to bring bogus self-employed under the scope of the employment agreement. © 2022 Kluwer Law International BV, The Netherlands

From the Lehman Brothers crisis to the Covid crisis. European institutions and banking regulation to the test of the stress test

[En]: The paper describes the evolution of financial regulation in Europe from the Lehman Brothers crisis to the Covid crisis. It focuses on the initial regulatory uncertainties related to the emergence of the EBA and the transfer of banking supervision to the ECB. Notes the difference in reaction, both in qualitative and temporal terms, of Europe following the Covid crisis. Concludes by noting how the economic emergencies of the last decade have made a significant contribution to the process of European integration. © 2022, Societa Editoriale Federalismi s.r.l.. All rights reserved.

Working from Home (WFH) 2022-Best Practices Implementation and Case Study of Company Agreement

While four per cent of employees in Germany worked from home before the covid crisis, this figure was around 30 per cent in the first lockdown in April 2020. Now working from home and mobile working are part of the everyday life of many employees. Experience has shown that many activities can also be carried out from other locations than the classic office in the company. Location-flexible work will also still be standard in some sectors after the crisis. This article shows employees' experiences with working from home in corona times, with serious advantages and disadvantages being reported. Best practices as implementation of company agreements are presented based on an Original Equipment Manufacturer (OEM) example: Example of working from home (WFH) / office work, life-phase oriented working time instruments as a personnel management success factor, promotion of cross-border cooperation, efficient use of resources, questions on learning from the pandemic, working through the corona period with employees, recommendations for surviving this crisis and culture of trust versus control

La médecine d’urgence de la création aux perspectives

Résumé Pour comprendre la crise actuelle des urgences et les solutions que l’on peut y apporter, il est nécessaire de d’analyser les origines de la médecine urgence. Sa dimension pré hospitalière qui est parfois critiquée et décriée est directement issue de la réponse à des crises sanitaires majeures. Sa reconnaissance réglementaire a pris du temps et a fait l’objet de nombreuses discussions avant d’aboutir en 1986 à une loi. Le rapprochement de la composante pré hospitalière et hospitalière de la Médecine d’Urgence a permis la création d’une nouvelle spécialité médicale. Des événements récents, notamment la crise COVID, ont montré l’adaptabilité et l’évolutivité de ce système et sa pertinence. La crise actuelle des urgences fait partie d’un phénomène plus global qui touche tout l’hôpital. De nombreuses solutions existent optimiser aussi bien l’amont, l’aval et l’organisation du service d’accueil des urgences (SAU). Mais, au-delà de ces considérations c’est dans le cadre d’une refonte du système de soins qu’il faut définir un nouveau contrat rassemblant les professionnels et le public, autour de la demande et pas seulement l’offre existante de soins. C’est le meilleur garant d’une utilisation pertinente des ressources de médecine d’urgence aussi bien hospitalières que pré hospitalières. Summary To understand the current emergency care crisis and the solutions that can be brought to it, it is necessary to analyze the origins of emergency medicine. Its pre-hospital dimension, which is sometimes criticized and decried, comes directly from the response to major health crises. Its regulatory recognition took time and was the subject of many discussions before resulting in a law in 1986. Bringing together the pre-hospital and hospital components of Emergency Medicine has led to the creation of a new medical specialty. Recent events, including the COVID crisis, have shown the adaptability and scalability of this system and its relevance. The current emergency crisis is part of a larger phenomenon affecting the entire hospital. Many solutions exist to optimize both upstream, downstream patients flow and the organization of the Emergency Room (ER). But, beyond these considerations, it is within the framework of an overhaul of the healthcare system that a new contract must be defined bringing together professionals and the public, around the demand and not only the existing offer of healthcare. It is the best guarantee of the relevant use of emergency medicine resources, both hospital and pre-hospital.

Introduction: democratic accountability in the EU economic governance post-crises: its many faces and potential outstanding gaps

The article introduces the special issue 'Parliaments in times of crises: democratic accountability in the EU economic governance from the euro to the COVID crisis' explaining how it seeks to make a novel contribution in the field of parliamentary studies. It first explains the trajectory of the crisis-driven institutional changes affecting parliaments from the great financial crisis to the COVID pandemic. It then introduces the concept of democratic accountability as a guiding notion of the special issue and differentiates among its various dimensions as well as potential outstanding gaps in the area of EU economic governance. Finally, it demonstrates in what ways particular contributions of this collection address the under-researched questions related to the abovementioned dimensions of EU democratic accountability.

Making a Markowitz portfolio with agricultural commodity futures

This paper constructs a minimum-variance portfolio of six agricultural futures. We make a full sample analysis as well as a pre-COVID and COVID examination. Using Markowitz portfolio optimisation, we find that soybean futures have the highest share (31%) in the full sample portfolio because it has the lowest variance. Both soybean oil and rice futures have the second highest weight in the full sample portfolio, in an amount of 24%, because soybean oil has the second lowest variance, whereas rice has, by far, the lowest average correlation with other agricultural futures. Soybean oil has the highest share of 35% in the pre-COVID period, whereas rice follows with 27%. On the other hand, in the COVID period, soybean has a very high share in an amount of 47% due to the lowest risk, while rice takes second place with 19%. Based on the results, investors should invest the most in soybean oil and rice in tranquil periods, while the choice should be soybean and rice in crisis periods. Rice is the choice in both sub-periods because rice has a very low correlation with other agricultural commodities, which happens due to the price stabilisation of rice that is often conducted by Asian countries. [ FROM AUTHOR] Copyright of Agricultural Economics / Zemedelska Ekonomika is the property of Czech Academy of Agricultural Sciences (CAAS) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)

The impact of COVID-19 on the market prospects of electric passenger cars.

The outbreak of COVID-19 pandemic has caused changes worldwide in a dimension that has not been seen since the Second World War. This pandemic and the measures taken to moderate the negative consequences have affected almost all aspects of our life. Transport has been one of the most affected sectors. In general, the global car market is very sensitive to macroeconomic conditions. This applies especially to electric vehicles, which are still very dependent on financial support measures. A combination of travel restrictions, unemployment, and low oil prices could have significant impact on electric vehicles. This paper provides an overview of the development of electric vehicles and corresponding policies covering the period before and during the COVID crisis. Policy framework and the future development of the annual gross domestic product per capita have a significant impact on diffusion of battery electric vehicles. However, since the crisis is still ongoing, the full impact of the COVID crisis on mobility is still to be seen but the findings so far show rather favorable signs for electric mobility. This article is categorized under:Cities and Transportation > Electric Mobility.

SAMU Zonal : missions et organisation en Île-de-France

Résumé En Île-de-France, le SAMU Zonal conformément au dispositif ORSAN assure la coordination et notamment le renfort réciproque des 8 SAMU de la région qui est aussi la Zone de Défense. À ce titre, il a été mobilisé au cours de plusieurs situations sanitaires exceptionnelles (SSE) depuis 2014 telles que les attentats terroristes de 2015 et la crise COVID. Son objectif était d’harmoniser la réponse médicale et d’optimiser l’utilisation des ressources existantes au sein des SAMU d’IDF. Il a établi les moyens de communication et les organisations nécessaires à la gestion de la crise notamment la mise en place des structures transitoires et dédiées de régulation médicale. Summary In Île-de-France (IDF), the SAMU Zonal in accordance with the ORSAN plan, ensures the coordination and in particular the reciprocal reinforcement of the 8 SAMU of the region which is also the Defense Zone. As such, it has been mobilized during several exceptional health situations since 2014 such as the 2015 terrorist attacks and the COVID. Its objective was to harmonize the medical response and optimize the use of existing resources within the SAMU of IDF. It has established the means of communication and the organizations needed to manage the crisis, in particular temporary and dedicated structures for medical regulation.

Risk and Ambiguity in Turbulent Times

This paper focuses on the 2008-2020 period during which two major crises, affecting the economy and the financial markets, occurred. Between 2008 and 2020, there were less extreme tail events, including the lingering Eurozone and Greece crises. In particular, after extremely high stock market volatility and volatility of volatility (VoV) during 2008, the long-run average volatility declined to about 20% and the VoV to around 100%. This paper analyzes this period through the lens of risk and ambiguity (uncertainty). It aims to address the question: what are the financial markets that trade risk - the volatility derivatives markets - telling us? To this end, this paper uses several measures of uncertainty. It reviews the history of volatility and uncertainty measures and discusses their informativeness. It then discusses the information derived from volatility derivatives.

Opinions on the economic impact of the COVID-19 crisis and the world after - an international perspective

The COVID crisis affected the whole world at an unprecedented and unexpected level. There are concerns about the economic impact of the crisis and about how the world will be after the COVID-crisis ends. The present paper had as main objective to analyze the opinions of specialists about two aspects: a) economic impact of the COVID crisis at different levels in the economy (world, national economy, industry, business) and b) how will be the world order in the aftermath of the COVID crisis. The methodology used is literature review and documentation, followed by content analysis. The research revealed that the impact of the COVID-19 outbreak was huge at all levels in the economy, resulting in a global recession. Also, specialists appreciate that the world will not go back to how it was in 2019, there will be a clear distinction between the pre-COVID and the post-COVID eras, with a need for a new economic order after the crisis, that will emphasize global solidarity for the purpose of the common good.

Unmasking a health care system: the Dutch policy response to the Covid-19 crisis.

The Covid-19 pandemic has put policy systems to the test. In this paper, we unmask the institutionalized resilience of the Dutch health care system to pandemic crisis. Building on logics of crisis decision-making and on the notion of 'tact', we reveal how the Dutch government initially succeeded in orchestrating collective action through aligning public health purposes and installing socio-economic policies to soften societal impact. However, when the crisis evolved into a more enduring one, a more contested policy arena emerged in which decision-makers had a hard time composing and defending a united decision-making strategy. Measures have become increasingly debated on all policy levels as well as among experts, and conflicts are widely covered in the Dutch media. With the 2021 elections ahead, this means an additional test of the resilience of the Dutch socio-political and health care systems.

Local investment promotion in a Hungarian medium-sized town and the implications of the COVID pandemic

Tatabanya has been among the most successful Hungarian towns in attracting foreign direct investment (FDI), which now plays a determining role in its economy. Can already operating, foreign-owned firms, along with the attraction of new firms alleviate the negative economic consequences of the COVID pandemic? What other FDI-related policy options are available for the local government to handle the negative consequences of the crisis? This question is analysed based on publicly available information and interviews taken with representatives of the local government and industrial park. It shows that foreign-owned firms already operating in various industries and coming from numerous countries played a stabilising role during the crisis, especially in the labour market and local tax revenues, mainly because of the large-scale and diverse local FDI. However, this article also shows that local FDI is loosely embedded and shows limited signs of upgrading, thus its positive impact on Hungarian-owned local firms is limited. Further, new FDI projects initiated by nonlocal players due to the increasingly limited manoeuvring room of local authorities are assumed to increase the vulnerability of the town's economy due to their one-sided specialisation and contribution to low levels of embeddedness and upgrading. In addition, they may have negative local environmental and infrastructural impacts. Thus, in handling the negative consequences of the crisis, local authorities cannot rely on attracting new projects, and those attracted by the central agencies have shortcomings from the point of view of handling the negative consequences of the crisis. Therefore, from the point of view of local authorities, a strategy aimed at increasing the embeddedness of FDI already present and fostering their upgrades may be fruitful.