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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2022-10-11  |  Accepted: 2022-12-18  |  Published: 2022-12-30

Title

The state of the cross-border economy in the Baltic Sea Region in modern conditions


Abstract

The current economic crisis has been caused by the constraints of the COVID-19 pandemic, which has weakened the state of the economy. This study aims to identify and describe the status and development of COVID-19 in the Baltic Sea Region and to identify the economic consequences and changes in the economy caused by the pandemic. The situation is exacerbated by the extreme uncertainty of the actions taken by the public administration in the border regions. These include, above all, the lack of concrete and transparent measures to impose quarantine in specific sectors, the forced restriction of the population’s economic and commercial activities, the limitation of access to recreational areas for the entire population, the displacement to remote work and education, the closure of childcare and pre-school institutions. The scale and nature of the consequences of all these restrictions in different sectors and industries need to be clarified. All this adds to the complexity of developing specific measures to respond to the crisis in the prevailing conditions. There is an urgent need to recognise crises and new challenges in border regions, which rapidly change in pandemic conditions and affect people on both sides of the border. The well-established principle of a “Europe without borders” has been shaken, and countries that have abruptly closed their national borders have done so unilaterally. A multiple regression study of selected macroeconomic indicators of the COVID-19 pandemic is conducted. The scale and nature of the consequences of sudden border closures on population movement in the Baltic Sea Regions are shown. All these restrictions peaked in 2020; unfortunately, the COVID-19 spread has yet to improve. Government measures applied to overcome the crisis must therefore identify the most effective way to restore lost positions and outline the future development of the border regions.


Keywords

cross-border cooperation, cross-border region, COVID-19 pandemic, Baltic Sea region, economic crisis


JEL classifications

F02 , F50


URI

http://jssidoi.org/jesi/article/1043


DOI


Pages

557-571


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Bilczak, Michał
University of Warmia and Mazury in Olsztyn, Olsztyn, Poland http://www.uwm.edu.pl
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

10


Number

2


Issue date

December 2022


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 740  |  PDF downloads: 411

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