Page 13 - COMPASS - COMPETITIVENESS REPORT 2021 | COUNCIL OF COMPETITIVENESS IN GREECE
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               FUTURE TRENDS







                                                major trends  A possible increase of guidelines   Supply chain disruptions caused


            The outbreak of the pandemic               REGULATORY FRAMEWORK                FOCUS ON NEAR MARKETS
            caused distortions to supply and         and escalation of checks to address   technology trends  product shortages. Local
            demand, drastically affecting            future dangers will impact parts of   production and local availability of

            existing models of function as           social and financial life.          products and services now have
                                                                                         increased importance, as they build
            well as the wider entrepreneurial                                            resilience in the face of possible
            environment.                                                                 future crises

            Among others: it suspended
            planned investments and
            decreased the net formation of
                                                         human trends
            productive capital; it accentuated                 IGITAL SOCIAL INTERACTIONS    DEMOGRAPHIC SHIFTS
            the need to speed up digital

            transformation for businesses                     The improvement of digital skills   Populations are growing, living
            and develop new e-commerce                        opens the way to digitise several   longer and gradually urbanising.
                                                                                         Companies and governments
                                                              (and costly) interactions, to the
            services; it brought upon changes                 benefit of both consumers and   have to deal with lack of housing,
            in consumer habits and redefined                  businesses.                high demand for healthcare and
                                                                                         changing consumer needs.
            labour relations and working
            conditions.

            At the same time, the pandemic

            accelerated and/or created several
                                                         market trends  Social responsibility features   Climate change threatens reductions
            important new trends.                                SOCIAL RESPONSIBILITY    CLIMATE CHANGE & SCARCITY
                                                                                            OF WEALTH - PRODUCING
                                                                                                 RESOURCES



                                                              prominently on the agenda for
                                                                                         in the yield potential of crops, habitat
                                                              businesses in times of crisis, such as
                                                              the COVID-19 pandemic.     destruction, and energy shortages.
                                                                                         The switch to green energy is a goal
                                                                                         for governments and businesses, as
                                                                                         well as a criterion to attract potential
                                                                                         investors.
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