Naslov
The Role of Globalization and Industry 4.0 during COVID-19 Pandemic: “Winners and Losers”

Autori
Kurečić, Petar ; Hatlek, Kristina

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
69th International Scientific Conference on Economic and Social Development Development – "Sustainability and Post Covid World" - book of proceedings / Janjusevic, Jelena ; Taheri, Babak ; Kozina, Melita - Varaždin : Heriot-Watt University ; Varaždin Development and Entrepreneurship Agency ; University North ; Faculty of Management University of Warsaw ; Faculty of Law, Economics and Social Sciences Sale -Mohammed V University in Rabat, Morocco ; Polytechnic of Međimurje in Čakovec, 2021, 117-127

Skup
69th International Scientific Conference on Economic and Social Development – Sustainability and Post Covid World

Mjesto i datum
Dubai, Ujedinjeni Arapski Emirati, 03.06.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
COVID-19 pandemic ; globalization ; industry 4.0 ; China ; the United States of America ; the European Union

Sažetak
The pandemic caused by the COVID-19 virus that appeared in China (in the paper refers to the People’s Republic of China) in early 2020 has left negative consequences on globalization, the world economy and all of humanity. The COVID-19 pandemic has caused the world’s most serious crisis since the Second World War and shown the negative consequences of globalization and the supply of strategic products. The future of the international economy is threatened because the pandemic has caused the closure of borders, the free flow of people, goods, services and capital. The world economic powers, The United States, the European Union and China are amongst most affected in the pandemic. The development of industry according to the concept of Industry 4.0 has contributed to the world functioning even in times of crisis and to continuing business, education and finding a cure for the COVID-19. With the development of information and communication technology, the world has already become a world-system. The COVID-19 pandemic has accelerated digitization and modernized business. The paper is a product of a professor/mentor-graduate student cooperation.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Politologija

POVEZANOST RADA