Community Economic Development: A Viable Solution for COVID-19 Recovery

The COVID-19 pandemic has laid bare many of the weaknesses in our social and economic systems, exacerbating some of these challenges and drawing attention to others as we, collectively, find a way forward that results in a sustainable, inclusive, and equitable future for all. Around the world, community economic development (CED) initiatives already foster inclusive economic revitalization, access to capital for business development, local ownership of resources, job creation, poverty reduction, and environmental stewardship. At a larger scale, CED can provide the foundation for COVID-19 re-covery. This article outlines key policy proposals for CED-based recovery in Canada and elsewhere. Through the lens of reconciliation with Indigenous Peoples, intersectionality, and a just transition to a low-carbon future, the Canadian Community Economic Development Network proposes the implementation of a national social innovation and social finance strategy and other complementary proposals for a post-COVID-19 world. © 2020, University of Alberta Library. All rights reserved.

Macroeconomic Policies, Economic Revitalization

The chapter below represents the summary of a research approach carried out in order to provide decisive support for the public environment of the Romanian economy, which, like any other public decision maker in the world, has difficulty in substantiating public policies due to the COVID-19 pandemic unexpectedly in which the epidemic appeared and its rapid spread led us to consider that, on the one hand, research can be based on little quantitative information of limited relevance because the historical perspective of the economy was interrupted which determined that the data series statistics and identifiable economic policy details may no longer be relevant to the present times;on the other hand, economic policy decisions currently required a reactive adaptation to economic developments without historically relevant experiences often marked by an intuitive adaptation of developments. The model of economic rationality based on the consideration of maximizing the interests of economic agents were identified as being adapted to health security principles which made the theoretical retrieval of research difficult because a perspective in which we continue on pre-crisis behavioural expectations would be special. From conception, the results of those through which economic policies are currently based. For these reasons, during the research, we often used estimated values of economic indicators and we relied on the formulation of scenarios. © 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.