The Numerous Challenges of the Post-COVID Economy

The COVID-19 pandemic has caused unprecedented health and economic crises around the world. It has amplified preexisting inequalities and exclusions, both within and between countries and communities. Moreover, the global pandemic has added to the challenges of the digital era, such as emerging and declining jobs, remote working, necessary reskilling and upskilling. Consequently, the number of interrelated problems has doubled. As countries continue to grapple with COVID-19 and navigate the economic fallout, well-designed green stimulus packages can support near-term recovery and enable longer-term power system resilience against future threats. Such a ‘green’ recovery is often defined in opposition to ‘grey’ and ‘colourless’ recovery policies. As over one third of the world’s population lives within 100 kilometres of an ocean, the notion of a ‘blue’ recovery is equally important. In a world driven by uncertainty and change, it is essential to find tools that can mitigate potential challenges and help apply new opportunities. The author of this paper discusses these issues alongside the modern challenges of the education system. Therefore, this paper also covers the role of universities, which need to respond quickly to both current and future challenges.