Is corona virus crisis changing economical equations around the world?

[Kong Hey Pakboy]

I think every country that has been affected by the pandemic will of course affect the economic status of it. Especially in the first periods of the scattered virus, everything needs to adapt on the abrupt change. Everyone is also affected, and it hurts to see the people who are suffering the most because of forced closing of their business and such. But now, we still have the pandemic but slowly the people are getting back on their feet, of course, the economy too. Though the virus is not entirely eliminated, we have found ways to deal with it and our country may still encounter problems but this time, we can think for better solutions since we are now familiar on this pandemic.

[suvo05]

No doubt about that. Lots of new companies and startups have arisen during the period. Specially the e-commerce and medical companies got benefitted from the situation. The intra-relation between the countries also changed dramatically, which will have a good impact on economical equations as well. The countries are also trying to become self-dependent on different kinds of commercial products, thus several countries have declared different types of economical packages as well.

[AndySt]

No doubt about that. Lots of new companies and startups have arisen during the period. Specially the e-commerce and medical companies got benefitted from the situation. The intra-relation between the countries also changed dramatically, which will have a good impact on economical equations as well. The countries are also trying to become self-dependent on different kinds of commercial products, thus several countries have declared different types of economical packages as well.

Despite the emergence of beneficiaries from the pandemic, it should still be recognized that the negative impact on the economy of states is still much greater. If these are new companies and startups designed to work with the epidemic, after the normalization of the situation they will become irrelevant because the economy in extreme situations and the economy in a normal situation are two different things and require different tools.

[Sithara007]

Despite the emergence of beneficiaries from the pandemic, it should still be recognized that the negative impact on the economy of states is still much greater. If these are new companies and startups designed to work with the epidemic, after the normalization of the situation they will become irrelevant because the economy in extreme situations and the economy in a normal situation are two different things and require different tools.

I am not sure whether we can say that for sure. The pandemic was beneficial for some, and for some others it's impact was mostly negative. Here in India, most of the IT firms are allowing the employees to work from home ever since the initial lockdown was announced in March 2020. The employees are very happy that they are saving commute time and most of the expenses. But at the same time, those who were dependent on this section (such as cab drivers and owners of the roadside eateries) are now facing a very tough challenge.

[coin-investor]

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?

Obviously, the answer is yes and the majority have voted yes and many more will vote yes, because the economy is collapsing because of the pandemic, all the countries resources are on controlling pandemic and the lockdown is making the economy go down, I wonder why the vote gets   1 no and 1 do not know when it's pretty obvious.

[aesma]

In my country there is no major change. If anything the pandemic has helped the government, despite it not managing it the best (but not the worst either). Social tensions have been put under the rug.

[MUHAMMAD NUR AMANAH]

Perhaps this pandemic of the corona virus has affected all the economy, even its way of life has contributed to a change, and in my country the government has done everything possible by injecting people with geratic vaccines to improve this situation, and I think that not only governments should work at this rate, but we should all be part of it by fighting at the same time, perhaps the current economic situation will be quickly overcome But I don't understand why the government still exists to take advantage of this situation for personal gain and the changes that are taking place today are affecting the economy and everyone is clearly feeling the impact of this pandemic and I pray that this situation will just blow over and that we can live a normal life again

[SmokerFace]

Coronavirus influenced our economy and made a huge difference.
We're experiencing this infection and our government an honest effort to make immunization. Anyway, this pandemic also influenced the digital currency's market and changed it.
The government isn't considering the crypto market, since he needs to make sure that his peoples are secure from infection first, and afterwards, they'll return to the crypto market.
I imagine that is the motivation behind why bitcoin is expanding.

[Sithara007]

In my country there is no major change. If anything the pandemic has helped the government, despite it not managing it the best (but not the worst either). Social tensions have been put under the rug.

The impact of the pandemic was not uniform. The fatality rate has a wide variation from country to country. In South Asia and South East Asia (especially countries such as India and Pakistan), only around 0.1% or 0.2% of the infected died from the disease. But that was not the case in the EU and North America. There the fatality rate ranged from 2% to 5%. In India, 20% of the population was found to have antibodies to COVID 19 virus according to a recent study. That will mean that around 280 million were infected. But the total number of deaths stand at just 150,000.

[cabron]

Well, things had changed already since last year. Our governments are trying to just survive by keeping the economy work, open cities for tourism but they know its not enough. Other countries perform worse.

If it would take long years still which they say this virus will stay up to 2025, we're doomed. The world will be different that China already owns the entire stretch where they build their new Silkroad. Well, at least they just meant business to give help for all not war.

[Vishnu.Reang]

If it would take long years still which they say this virus will stay up to 2025, we're doomed. The world will be different that China already owns the entire stretch where they build their new Silkroad. Well, at least they just meant business to give help for all not war.

It is just a matter of time before China become the next superpower. United States is on the decline and the ongoing pandemic has accelerated the process. China is perhaps the only country with surplus cash right now. Even the GCC nations have run out of money due to the fall in oil prices. And with the governments around the world increasingly undertaking big spending plans, we will see China taking over large sections of their economies. Already they own a large number of airports, ports and other large infrastructural facilities around the world.