Impact of COVID-19
Impact of COVID-19
Impact of COVID-19
Mikolai et al.,(2020)
Source: Made by authors
Rate of infection with different
measures in place
It will be necessary to wait until the end of 2021 for advanced economies to
recover the same level of GDP they had at the beginning of 2019.
Solid Lines are the April 2020 world economic outlook, dashed lines
IMF projection
from January 2020 World Economic Outlook Update.
The response needs to consider how to socialize the losses, how to prevent a Quarterly World GDP (Index 2019 Q1=100)
collapse of the financial sector, how to protect jobs and livelihoods, and how (Source: International Monetary Fund,2020)
to manage and divest the assets that will inevitably end up in the hands of the
state.
4. The political impact of COVID-19
The strategic competition between the great powers has already pushed
the world into an undeclared third world war with modified dimensions
and instruments of war,
The projected impacts for women and girls unable to access The evidence from the figure suggests Countries
modern contraceptives, including unintended pregnancies, affected by community-based transmission will
unsafe abortions, and maternal deaths, are staggering. likely need to implement multiple mitigation
measures to slow the spread of the virus and
reduce pressure on the health system.
Potential Crisis Mitigation
Measures
Moving forward in our new normal, decision-making by
individuals and stakeholders must be based on scientific
evidence of the pros and cons lived since the crisis.
Governments will need to work Places of decision-making should This could be done by relying on
with operations in more not be marginalized, but rather four processes:
comprehensive ways marked should be consolidated and better
by greater preparedness for equipped to guarantee greater The strengthening of national
future pandemics. social cohesion and increase the sovereignty as a mobilizing
bond of trust between decision- force;
It’s about ; makers and their constituents. The leave off practices
favoring profit without regard
building a more resilient for humanitarian risks;
society, The adoption of practices that
a health system, promote de-globalization
a stronger economy, The enhancement of decisions
and a more adaptive taken at the local and
government at all times. international level.