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Question: Is corona virus crisis changing economical equations around the world?  (Voting closed: November 21, 2021, 04:07:53 AM)
Yes - 38 (88.4%)
No - 3 (7%)
I don't know - 2 (4.7%)
Total Voters: 43

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Author Topic: Is corona virus crisis changing economical equations around the world?  (Read 1035 times)
MCobian
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November 24, 2020, 10:44:05 AM
 #41

The corona virus is the biggest disaster that has an adverse effect on human life, especially the changing economies of all countries in the world.
Even some countries whose economies are healthy have become crisis and countries whose economies are already bad, with the corona virus it is
getting worse. Therefore we all agree that the corona virus is a common enemy, so every country around the world must help each other. I am
very happy that all pharmaceutical companies around the world are competing to create a vaccine against the corona virus, this is positive competition.

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November 24, 2020, 07:25:39 PM
 #42

I doubt that the power of those huge nations comes from just few financial investments, neither does it come from anything that is temporary neither. It comes from basically just a whole nation being a lot more powerful financially and having a lot more companies that they could sell their products to other nations.

Hence, places like Germany for example could have the worst of economies for a while, but they still have huge companies that provides tax to nation and also sell it to whole world that brings money into the nation as well taking away from other nations. The ones that are powerful are powerful for a reason and that will not change for sure, there needs to be a nation specific problem instead of a global pandemic that effects everyone.

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November 24, 2020, 09:03:21 PM
 #43

The ones that are powerful are powerful for a reason and that will not change for sure, there needs to be a nation specific problem instead of a global pandemic that effects everyone.

As the pandemic infect all of us and as the economics are tied to form the global economy of the planet, the word tought that we can't solve such problems partially in each nation. A global policy should be set to react accordingly to each crisis. Several other issues need this kind of change, like polution and globl warming.

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November 25, 2020, 04:52:13 PM
 #44

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?
Before a lot of people have been talking about a looming recession, but what we didn’t know was that it was going to come with a virus as bad as this that’s going to make everything even more worse. It would have been better if people could at least go to their workplaces and work to make earnings, but as for this one they had to be at home locked up and managing the little ones they have.

So, this situation really had a huge impact on our economy, but I think a good government will know what best to do which is supporting the people, and also making things easy.

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November 26, 2020, 08:44:39 AM
 #45

No not all are affected. Some countries didn't get hit by the corona virus so it is mostly the country that been hit by the pandemic. There may be some countries that have corona virus in their country but it only stays for a short time so it didn't affect that much compared to those who are forced to implement a lockdown.

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November 26, 2020, 09:04:54 AM
 #46

not only some but majority are suffering from this rona and not only major countries are involved but many minors are in need of help badly but that was true that theres only few country that make rona manageable so far and that would be only major countries because they have the budget .

 pandemic changes everything starting from how the people live to the economy and lastly to political  . we can see if whos the politicians that really care to lend help and who doesnt  .
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November 26, 2020, 11:25:10 AM
 #47

The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.

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November 26, 2020, 12:20:59 PM
 #48

The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.
There's a big changes because of the pandemic, however, I don't think that would stay long, soon the time will come that the vaccine will be discovered, and slowly everything will be back to normal, and we are stronger to face a new challenge because we learn from the current situation.

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November 26, 2020, 12:25:23 PM
 #49

Yes, it can. This pandemic is considered as a crisis which has influnced the economy and politics a lot. Many countries are suffering huge loss after three waves of virus and their economic strengh decreases after this

On the other hand, countries which have successfully contain the virus has significant increase in their economic strengh. China is the one first started everything but now, they are developing with an astonishing speed. Western countries seem do not know how to force their people to follow the rules. Thats why they fail in sealing the monster
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November 26, 2020, 12:38:04 PM
 #50

The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.
There's a big changes because of the pandemic, however, I don't think that would stay long, soon the time will come that the vaccine will be discovered, and slowly everything will be back to normal, and we are stronger to face a new challenge because we learn from the current situation.

This pandemic bring so much stress in terms of financial and mental capacity of each individual but what good thing is happening right now is the introducing of cashless and online transaction which has been adopted and many people creates business with it. We see so many business rise in times of pandemic and this creates a good opportunity to learn new things about the situation.

Once everything will get back to normal which I believe it will happen soon for sure we will see the adoption of E-commerce,cryptocurrency and other.

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November 26, 2020, 01:39:42 PM
 #51

The fact is that we will not even be forced to make changes in all aspects of human life. As you know, humanity will be able to cope with the virus only by 2025, but it will take 35 trillion dollars. Today, even countries with strong economies are suffering very much, but what can we say about less well-to-do states.
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November 26, 2020, 11:49:24 PM
 #52

Of course, the covid 19 pandemic is very much bringing changes to the world economy and politics.
Many countries are experiencing economic crises as long as the virus is not over. Many companies cannot afford to pay their employees because people have reduced purchasing power. Among us are also many who do not work and do not earn. With the lockdown to travel between countries, of course, this will reduce the foreign exchange of the country, if every place of world tourism is closed.

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November 27, 2020, 08:04:55 AM
 #53

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?
Their is no too ways about it because it's obvious that the problem corona virus caused these year can totally bring am economy of a country down, a country that generate their revenue through agricultural product, I hope during the season corona virus has strong bond across countries, which lead to total lockdown, in what way the country will generate income since the source of their income has been shutdown and their was no importation and exportation of goods and services, so good's been dormant both industrial raw materials will contributes for economical status of a country, because their is no exchanges.

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November 27, 2020, 01:06:49 PM
 #54

Coronavirus really did change the economic equation of every country in the world. This pandemic brought so much struggle even to those countries who are at the top of the list. It caused many problems particularly to the poor countries. The circumstances that came with the crisis was beyond the capabilities of most leaders. Majority weren’t prepared enough to tackle and address the issues and concerns immediately which caused sudden economic movements.

In addition, this pandemic unmasked the true condition of the system we currently have. The corruption and the poor leadership of those who are in the government were exposed by the pandemic. There’s no doubt that the covid-19 dynamically changed the economic state and cycle globally. It just happens that there are countries that handle it better compared to others.
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November 27, 2020, 01:24:37 PM
 #55

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?

Yes, it brought a lot of changes and mostly in a negative way. Lots of businesses have closed and declared bankruptcy because of lockdowns and lots of employees have lost their jobs and that has a huge impact on the economical status of most countries. We've also seen how our government leaders handled the situation. Some countries were able to control the pandemic crisis and they're starting to recover again but some are still struggling to survive. All of us are hoping for the best but I'm still sure that we're still able to move forward when this pandemic ends.
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November 27, 2020, 01:33:52 PM
 #56

The pandemic period has affected every country economically. Although some countries managed this process well, we can say that it led to an economic crisis for some countries. There are many people who do not follow the said rules and it does not seem possible to prevent and reduce the number of cases. I hope this problem will disappear by the end of the year with the vaccine to be found next year.
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November 27, 2020, 03:44:13 PM
 #57

The corona virus crisis is causing economic problems to everyone around the world. It could take a long time to change the rate at which the economy has suffered this year. Many people's sources of income have dwindled and farmers have failed to produce due to lack of money.

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November 27, 2020, 03:47:23 PM
 #58

which is why the corona virus is changing the economic equation in many countries. corona virus crisis changing economical equations is possible to achieve some success by trying to control it all together. If the amount of budget in each sector is more rapid development is possible.
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November 27, 2020, 05:33:21 PM
 #59

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?
  Almost every country is still in the danger of corona virus because we are under the attack of second wave but this time we didn't give much attention to it. Yes it changes the economical equation particularly the developing countries growth rate turned into the negative rate,the real consequences of covid 19 is yet to come.

Yes, all countries hope to be able to handle corona maximally to suppress the increase in people affected by corona.  The main unanswered puzzle is how to control the virus and minimize the impact on everyday life, because it is undeniable that all must continue to work and survive, despite the fact that the impact on the economy is very crucial.  especially the states that will face the winter could the second wave could be happen.  considering that experts say in winter the virus spreads more easily.

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wxa7115
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November 27, 2020, 05:50:28 PM
 #60

The corona virus is the biggest disaster that has an adverse effect on human life, especially the changing economies of all countries in the world.
Even some countries whose economies are healthy have become crisis and countries whose economies are already bad, with the corona virus it is
getting worse. Therefore we all agree that the corona virus is a common enemy, so every country around the world must help each other. I am
very happy that all pharmaceutical companies around the world are competing to create a vaccine against the corona virus, this is positive competition.
This is probably one of the worst crisis that we have ever faced because of its longevity, it is going to be almost a year since the coronavirus first appeared and even if the vaccine is on its latest stages of development I think we can expect 2021 to still be a very bad year as well as people begin to get vaccinated and things will only return to normal until 2022.

However the needs of the people cannot wait another year, a great deal of small family business have gone bankrupt and another year of low sales and not many clients is going to ruin them and yet it is impossible to change this negative trend as people are still going to be very wary of spending their money as they used to as they know they could lose their jobs as well and this is slowing down the economic recovery.
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