Probing into Economic Development Studies in the Post-COVID Era

ABSTRACT

Unfortunately, despite the international community's efforts to combat poverty and inequality, both parameters have been on the rise recently. [...]there is a strong need to find a workable (and appropriate in these new conditions) resolution to poverty problems to avoid a global crisis. The new reality of poverty and inequality issues should be addressed by studying global income disparities and possible ways to bridge gaps between poorer and wealthier countries (and people within countries) by promoting innovations, technologies, human capital development, agrarian systems, and social entrepreneurship. The particular focus should be made on the new challenges to sustainable development brought by the growth of global environmental and public health problems, such as climate change, deterioration of air, water, land, and other resources, reduction of biodiversity, and loss of many natural ecosystems.