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What is New Economic Model

Frameworks for Sustainable Development Goals to Manage Economic, Social, and Environmental Shocks and Disasters
The highly-praised solution of creating a New Economic Model calling into question today’s practices and coming to support life, well-being, heath, happiness, and synergies amongst the Sustainable Development Goals (SDGs) represents the key looked-for by specialists and leaders worldwide, especially as a result of the COVID-19 pandemic and the COVID-19 crisis; the need of creating this New Economic Model has its roots in the sustainability barriers that were identified by specialists and by practitioners over the last years, thus offering individuals the possibility to focus, in the Post-COVID-19 Era, much more on the most urgent or on the fundamental needs of the Planet and of the communities they are part of.
Published in Chapter:
Current High-Powered Challenges and High-Reaching Reforms: Moving to a New Economic Model Based on Green Energy, Digitalization, and Shock Resistance
Cristina Raluca Gh. Popescu (University of Bucharest, Romania) and Arturo Luque González (Universidad Técnica de Manabí, Ecuador & Observatorio Euromediterráneo de Espacio Público y Democracia URJC, Ecuador)
DOI: 10.4018/978-1-6684-6750-3.ch008
Abstract
Knowledge has the miraculous power to advance the United Nations Sustainable Development Goals (SDGs) at an international level, with the notable help provided by courageous reforms due to promoting a new economic model based on quality, green energy, digitalization, and shock resistance. Environmental sustainability relies on collaboration in achieving the SDGs and on communication in making the SDGs a way of living. The unforgettable challenges brought in today's society by the COVID-19 pandemic and the COVID-19 crisis posed even a greater pressure than before to achieve a better and more sustainable future for all, thus placing on pivotal positions the answers for the following questions: “What steps are due to be taken for ensuring affordable and clean energy?” “What role do sustainable cities and communities play in people's lives?” “What does climate action involve in terms of the partnerships for the global goals?” and “What does digitalization implicates in terms of supporting long term positive economic, social, and environmental links in the post-COVID-19 era?”
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Reflections of the 1Malaysia Supply Chain (1MSC)
Malaysian plan to increase per capita income.
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Reflections of the 1Malaysia Supply Chain (1MSC)
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