Is corona virus crisis changing economical equations around the world?

[ethereumhunter]

I think so. The big change is we see a new normal in this pandemic, and the economic the political status in the country is also changed. But today, the government is still trying to work hard against the virus by founding the right vaccine for their people because that is the important thing that they need to do. The government also try to solve the other problem in their country, so we can be sure that they can do that.

government is not seemed to try hard in india

Be patient. Maybe they still focus on the virus and handle the infected people, so they seem to look slowly to handle the economy or else. It is normal because it's related to thousands of life people, which the government needs to take care. Human life is more important than other things, but I am sure that they will do their best to solve it.

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[Spaffin]

The only way to secure a stable economy currently with the widespread of Covid-19 is to find a lasting solution to its spread,  lockdown isn't enough though it helped in China, a vaccine to totally eliminate it would be great. Covid-19 affected production and distribution a lot the part of the economy that generates tax through these sectors might have been affected so it is very safe to say it does affect the economy.

In fact, China is a pioneer in tackling the pandemic and they had no other options to prevent the spread of the coronavirus. In addition, China is a densely populated country and blocking is also one of the most effective means for them in the fight against the spread of the virus.

[Gozie51]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It will definitely do that. Many countries status will be changed. My reasons are that there will be changes

1. Manufacturing: The vaccine will be manufactured by some and that means others will buy from them and they will generate income for them .

2. Employment for manufacturing country: This is surely a plus for the country, their number of production company will increase and the citizen and people living around will benefit and the GDP will rise which will be a good plus to the economy.

3. New emergence of global power: The country can become an overtaker of economic and political status quo. If in example, the country that is the manufacturer happen to be a lesser country in terms of economic and polical power can become rich and riches can lead to seizure of all political strength that was existing.

[chip1994]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Certainly, the major financial funds in the world now that have taken refuge in Bitcoin, people will also begin to follow them and force the government to loosen the law on Crypto. This is also a very good opportunity to prove that the Defi projects have real uses to help the overall economy be sustainable.  I am really looking forward to this moment, hoping the Defi projects will do a good job of bringing trust to the people of many countries around the world.
By then, there will be a lot of people coming to Crypto and the money of the market will increase unbelievably.

[Shagufta3]

As usual, weak countries will become weaker and some strong countries will become stronger

Don't you think status of China is being escalated.. They controlled it well and now they are expanding their boundaries further.. China may give an strong competition to USA in politics n power... Economical Political equations are being changed.....

[Shagufta3]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It will definitely do that. Many countries status will be changed. My reasons are that there will be changes

1. Manufacturing: The vaccine will be manufactured by some and that means others will buy from them and they will generate income for them .

2. Employment for manufacturing country: This is surely a plus for the country, their number of production company will increase and the citizen and people living around will benefit and the GDP will rise which will be a good plus to the economy.

3. New emergence of global power: The country can become an overtaker of economic and political status quo. If in example, the country that is the manufacturer happen to be a lesser country in terms of economic and polical power can become rich and riches can lead to seizure of all political strength that was existing.

Your 3rd point is exactly on the point for which topic was written.. The chances of new global power emergence.. This is being happened, equation r changing...

[Rodeo02]

In my country, you can feel the impact of the pandemic. Some workers were forced a few weeks off without pay whenever there is a positive case in a company. Public transportation is limited due to curfew and strict compliance of social distancing, workers have to adjust and make a way to get to work. This is just on a small scale perspective, but then if you will look at it as a whole it affects everything as a whole.

We don't need to be afraid that much since many country is already developing the vaccine and even more of them is already in phase 3 https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html the article is to track how  any vacine is already in trial and what phase they are now.  it seems like a long time before a drug is approved and most are in the final stages rigth now we only need to wait a little longer until the vacine already completed it's trial and tested to be really safe to use .

[jacafbiz]

The issue with Corona Virus is subjective, there re some countries that are not doing any testing at all, go to Africa and test   the population you will discovered that more than 70% have Malaria parasite in their blood but many are not showing any sign of these Malaria fever. I doubt this would change anything economically but there could be a shift in the political climate

[hulla]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are not fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.

[Kavelj22]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are not fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.

It would be stupid not to change the full system orientation as the Corona era tought us that we should deal with mother nature and focus on changing the actual global economic policy. We are lucky that the internet revolution can help create a good synchronisation with where we all live. 

[AmoreJaz]

In my country, you can feel the impact of the pandemic. Some workers were forced a few weeks off without pay whenever there is a positive case in a company. Public transportation is limited due to curfew and strict compliance of social distancing, workers have to adjust and make a way to get to work. This is just on a small scale perspective, but then if you will look at it as a whole it affects everything as a whole.

We don't need to be afraid that much since many country is already developing the vaccine and even more of them is already in phase 3 https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html the article is to track how  any vacine is already in trial and what phase they are now.  it seems like a long time before a drug is approved and most are in the final stages rigth now we only need to wait a little longer until the vacine already completed it's trial and tested to be really safe to use .

there are already 6 vaccines approved for limited use though none of them reached the final stage of approval for full use. but we're getting there. moderna and pfizer, i guess will be the first ones to rollout their vaccine shots.
definitely, this pandemic changed the global economy. not only one country but the global ecosystem. but we will recover gradually, this is not forever!
 a tough challenge to humanity where your survival instinct is tested to its limits. but once we surpass this trial, we will emerge a stronger person.

[Rexler]

Of course the pandemic has changed the economy in alot of country, some countries have even gone into recession during the pandemic period, the pandemic brought alot of unforseen defects that change the financial situation of every country, like my country which solely depend on crude oil for its income, during the month of march when the price of crude oil fell it was catastrophic, because the government already made budget at the beginning of the year with the price crude oil was selling at that time, no one knew it was going to fall to a few cents,also the cost of living over here has increased alot, now you have to work harder before you can earn money for 3 Square meals per day.

[passwordnow]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It did but it's starting to change as hope has been broadcasted and ready to end this pandemic crisis soon. We've seen that at the start of those lockdowns everywhere, the economic went down and oil plummeted which is one of the products that's needed by everyone. Jobs cut off and many businesses has closed. Regards to politics, the response of the leaders made themselves known just like in Taiwan and New Zealand. While in local politics, this made citizens to choose who are the proactive leaders and are not.

[Yatsan]

The pandemic that have happened this year that already lasted for a couple of months and nearly a year next year if the vaccine will still not be available for purchased on the market. The pandemic have shown us the mere and negative direct effect it causes within the economical as well as political stands of each and every country around the world causing commotion between people and their government into whenever country they do belong. At times of the crisis, people are measuring its government's capacity and capability to serve its people with regards to their welfare to be able to survive this pandemic. At times like this, the flaws that each and every government have are showing up making people to complain at the situation. Obviously, the pandemic have really changed a lot on the economical and political statuses of different countries around the world.

[hulla]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are now fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.

It would be stupid not to change the full system orientation as the Corona era tought us that we should deal with mother nature and focus on changing the actual global economic policy. We are lucky that the internet revolution can help create a good synchronisation with where we all live. 

Ever since the government/institutions confirmed they were wrong about been against Google, the internet, etc when they were created, i have understand that the key to the world solution have to do with digital and it will stupid if the government dont change to the system orientation the pandemic era thought us by creating digital national currency which will limit the money spend on new fiat currency printing

[jaberwock]

The corona virus changed almost everything in my opinion. Let's start from sports, now almost all the sports will happen without spectators which means a massive loss for organizers as they cannot fill the stadiums and earn the same money they could earn before. The players are affected as well, we all saw how terrible the NBA went and things like these will directly impact the economy for any country no one is left behind.

Then we can see how education has moved online, jobs have moved online which means the average job has vanished from the market and the basic daily wages earners like fruit stalls, food stalls, etc have reduced to a significant number and people hesitate buying food from them. Everything has changed and it might remain even for sometime after the vaccine is found.

[wxa7115]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

The pandemic is obviously having an effect around the world, countries that had problems before the pandemic are the ones that are experimenting the worst out of it and countries that were relatively fine were able to somehow manage to crisis, however I think the pandemic has made people realize that the current economic system that is in place is not going to last for long.

They are realizing that printing money has consequences and while there are circumstances in which this could be justified, like this pandemic, governments have abused this privilege which is why the economy is in serious trouble.

[cosmofly]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Certainly yes and will greatly affect the overall economy. In the best example in America, the corona virus really wreaked havoc on their economy and had over 20 million people unemployed at worst. In other hands, the US government has to spend $ 2000 billion to bail out large US businesses and banks, the upcoming is to print another $ 500 billion to continue to fight the economic downturn in the coming years. .
Therefore, we should together fight against Covid-19 by taking safe and hygienic steps to avoid further infection. Our actions will have a very positive effect on the world economy as a whole.

[Salauddin1994]

Even after numerous things the society has changed the maximum amount because the economy has collapsed with a negative outlook several large organizations within the country are moving forward but many organizations within the world try to resist. To the outbreak of corona virus many international organizations have stopped or reduced the import of products from china companies say they're now leaning to import goods from other countries rather than china if we all work together to create a system of prevention the corona virus will have a positive impact on the planet economy.

[lixer]

The issue with Corona Virus is subjective, there re some countries that are not doing any testing at all, go to Africa and test   the population you will discovered that more than 70% have Malaria parasite in their blood but many are not showing any sign of these Malaria fever. I doubt this would change anything economically but there could be a shift in the political climate

There will be impact on the trades that happen between countries because almost all the countries are reducing import now because of the virus spread and there is no doubt the biggest exporter countries are suffering.

China in a sense did well to control the virus, some says they hide the virus and the death number but whatever the way they did, they created a clean image after the virus actually emerged from their country.

Then there are countries like New Zealand where the virus actually was cleared so everyone is negatively influenced some directly while some indirectly.