This morning I browsed through the "e-version" of The Nikkei Asian Business Review. The edition carried normal business and economic stories, but in addition, I saw about six (6) or so stories on COVID-19 or Corona Virus. The content of the different COVID-19 related topics included what most people all over the world see everyday; the number of new cases, the death toll etc., In addition to this however, one sees a lot of content COVID-19 impact on trade, politics, economy etc.,
The question I have, to experts in the field are as follows:-
A very broad area to cover in these questions however putting it in logical perspective we can attempt to answer as below:
Q1. There are three scenarios of this virus attack.. Natural close on its own 2. Reach Global pandemic proportion 3.Never fully disappear and continues to resurface in the near future . Current stage is efforts at global containment.
Q2. From history ' Black Death' caused by the bacterium Yersinia pestis killed 25% of people only in London and also came from China. No clear reasons available how it stopped. For COVID-19-Traces of similarities can be seen with SARS-CoV (2002), MERS CoV (2012) since origin was again from animals.
Q3. The cost could be divided broadly into 5 groups
1. Financial cost of containment 2. Future cost of R&D without any definitive time limit for a vaccine 3.Political fallout (poor handling by governments) such as the backlash in China, Iran, Italy, US etc.4. Business losses from order cancellations and market fallout 5.indirect costs or supplementary losses-stock market crashes, oil prices etc
Yes, you are right, Sudeep Debkuumar
Could you unpack the political fall out?
La primera pregunta está en función de responsabilidad, valores colaborativas de los mismos ciudadanos ante las estrategias políticas implementadas en salud pública o frente a COVID-19 y otros por parte de las autoridades del país. La solución inmediata sería la vacuna, posiblemente en los primeros meses del 2021,
La segunda pregunta: Para ello tiene que implementarse sistemas sanitarios, nuevos hábitos de limpieza, indumentarias y educación psicológica ( el miedo, desconocimiento, etc.). Para que no haya mutaciones de virus.
Tercera pregunta: El cálculo es devastador, prácticamente para los países emergentes, ( La pandemia ha favorecido a países industrializados, sistemas financieros, Internet (videoconferencias) Google meet y ZOOM, fabricantes de indumentarias los ventiladores, medicinas, laboratorios de análisis, pruebas moleculares, fabricantes de cadena de mercado de alimentos) y empobrecido a los MyPes de servicios, turismo, restaurantes, y a los informales, ha creado desempleo, despeidos de trabajo, etc. Se puede complementar con los enlaces:
https://www2.deloitte.com/ec/es/pages/strategy/articles/el-impacto-economico-de-covid-19--nuevo-coronavirus-.html
https://www.bbc.com/mundo/noticias-51971991
https://news.un.org/es/story/2020/04/1472142
https://www.cepal.org/es/comunicados/covid-19-tendra-graves-efectos-la-economia-mundial-impactara-paises-america-latina
https://www.ilo.org/global/topics/coronavirus/impacts-and-responses/WCMS_739449/lang--es/index.htm
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