Economic recovery in the age of COVID-19
Intereconomics. Review of European Economic Policy
2020
55
6
November
345-349
epidemic disease ; economic recovery
Business economics
https://doi.org/10.1007/s10272-020-0929-6
English
Bibliogr.
"The COVID-19 pandemic is an invitation to what the economist Joseph Schumpeter called creative destruction: a chance to liquidate obsolete investments and to create something new, better, and, in the jargon, more ‘resilient' and ‘sustainable'. Schumpeter understood that humankind does not progress in a balanced way, rather it lurches from one extreme to another, each extreme producing its own reaction."
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