The global economy currently faces a myriad of challenges. The Covid-19 crisis that erupted at the end of 2019, mounting geopolitical tensions and deepening fault lines, the challenges posed by climate change, and a high inflation environment: all of these factors will leave a mark on the 2020s. In this global economic environment, it is worth using past experiences as a compass. Throughout history, there are many cycles, regularities and patterns that recur at certain intervals, which cannot be ignored when considering current or future developments. There are many similarities with the 1970s in terms of what is happening today, one need only recall the escalation of geopolitical conflicts, the resulting dramatic rise in energy prices and double-digit inflation. In this collection of studies, the authors try to draw conclusions based on past experiences to develop a strategy for successful adaptation and transition.