The advent of various initiatives around the globe in shaping an energy transition towards a “greener” energy production future sparked a research interest towards the determinants that will shape their success. In this paper, we depart from the relevant literature evaluating the potential effect of geopolitical tensions on renewable energy investments, building on an explicit quantitative approach that provides clear empirical evidence. In doing so, we compile a large panel of 171 economies and measure the effect of geopolitical risk on “green” investing as measured by popular geopolitical risk indices, while controlling for all major variables proposed by literature. Our flexible Autoregressive Distributed Lag model with heterogenous effects across economies suggests that geopolitical risk has a significantly measurable effect on green investments both in the short and the long run. In fact, our results suggest that proper model specification is robust across alternate risk assessments. Overall, our study has direct policy implications suggesting that renewable energy could be an important part of our energy mix only if we take into account its linkages with geopolitical tensions.
This paper explores the directions of adaptation for socioeconomic organizations in the current global crisis and restructuring. We carry out an integrative and critical review, presenting the main questions—and possible directions of response—concerning how the post-COVID-19 era, the fourth industrial revolution, and new globalization seem to affect contemporary labor relations. We focus on the different levels of their manifestation (macro, meso, and micro levels), emphasizing worsening inequality trends in the work environment and the resulting organizational readaptation that seems to be required nowadays. The restructured labor markets can benefit from the diffusion of institutional innovations based on integrated social partnership schemes at the macro–meso–micro levels. We emphasize organizational adaptation at the microlevel, as the innovation and change management mechanisms it enables, presupposes, and harnesses are imperative for exiting any crisis.
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