SDG 4 and SDG 8 in the knowledge economy: A meta-analysis in the context of post-COVID-19 recovery

Author:

Makarenko Inna1ORCID,Plastun Alex2ORCID,Petrushenko Yuriy3ORCID,Vorontsova Anna4ORCID,Alwasiak Stanislaw5ORCID

Affiliation:

1. Doctor of Economics, Associate Professor, Chair of the Accounting and Taxation Department, Sumy State University

2. Doctor of Economics, Professor, Chair of the International Economic Relations Department, Sumy State University

3. Doctor of Economics, Professor, Department of International Economic Relations, Sumy State University

4. Ph.D., Senior Lecturer, Department of International Economic Relations, Sumy State University

5. MBA, Director of Research and Development of the Social Centre, Jesuit University in Krakow

Abstract

Almost all human activity spheres, from the health care system to the education system, were unprepared for the pandemic. This, in turn, has slowed down the progress in achieving sustainable development goals. The Sustainable Development Goals 4 “Quality Education” and 8 “Decent Work and Economic Growth” were particularly vulnerable. In addition, the widespread concern was caused in the context of the transition to a “knowledge-based economy”. This paper analyzes the readiness of the scientific community to provide preconditions for the acceleration of these SDGs achievements. To do this, a meta-analysis of the academic literature on SDG 4, SDG 8, and the knowledge-based economy during 2015–2021 was conducted. Several special methods and instruments were used, including Scopus, WoS, VosViewer, Publish or Perish, Google Trends, and Google Books Ngram Viewer. The results show the inability of the modern academic community to provide a theoretical and empirical framework for a successful transition to a knowledge-based economy, taking into account the need to achieve sustainability. This is partly due to the relative subject novelty and the lack of academic attention. The challenges posed by the pandemic (lockdowns, unemployment, closing of educational institutions, financial flows reorientation, etc.) together with potential threats (new pandemic, climate change, population displacement, armed conflicts, etc.) necessitate a radical intensification of academic activity in economics to achieve SDGs.

Publisher

LLC CPC Business Perspectives

Subject

General Medicine

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