I wonder what probable influences of Covid-19 on both developed and developing countries in terms of growth and development? What can be the pros and cons of this outbreak?
You may get help from these following link:
http://www.ipsnews.net/2020/04/the-economic-impact-of-covid-19-on-developing-countries/
http://www.ipsnews.net/2020/04/economic-impact-covid-19-developing-countries-part-2/
https://www.un.org/development/desa/dpad/publication/un-desa-policy-brief-66-covid-19-and-the-least-developed-countries/
1) Restructuring and rethinking of many practical things, processes, actions.
2) Searching of anticrises methods and coping with all kinds of risk (including social risks).
3) Deeper spiritual insights and returning to some extent of humanitarian values.
It is undeniable that this global pandemic has generated negative consequences for economic power nations as well as for low-income nations. The social, economic and political consequences are devastating and unprecedented on a planet with more than 6 billion inhabitants, with an economy that is almost completely paralyzed. The demand for food and medical services to collapsed financial and economic structures at all levels. This reality currently caused the loss of a large number of human lives.
The most effective way to stop the spread of COVID-19, and its dire consequences, is an effective vaccine that is accessible to as many people as possible. The process of developing a vaccine with these characteristics takes a long time and resources. It is imprudent to think that in the immediate future this vaccine could be a reality. In this content, the future of the most unprotected and unstable populations is really very uncertain, as is the case of the South American nations.
If you just have a look at the updated weblink:
https://www.worldometers.info/coronavirus/
you can see that the hard hit countries from coronavirus are most from the developed countries in terms of the number of death rates
Citing Nigeria as a developing nation, the pandemic has really affected our economy since we rely majorly on crude oil. The fall in the price of crude oil as a result of the pandemic would no doubt ensures Nigeria diversifies her economy most especially in the area of agriculture and ICT. Apart from this, the pandemic has changed our usage and views about ICT. No doubt, our policies, guidelines and operations henceforth would be ICT driven which would in turn minimise unnecessary expenses and further boost the economy. Lastly people are now taking responsibilities for their health and well being. Regular hand washing and immunity boosting vitamins intake would no doubt helps individual to safeguard against other ailments apart from Covid-19.
El primer impacto para todos los países será de orden económico.. La idea de la globalización económica parece desmoronarse y habrá que reinventar el proceso económico actual de interdependencia. El segundo impacto será en como transformar la conciencia de la población para pasar de un paradigma de consumismo a uno de respeto al medio ambiente.
The effect is devastating on the economy, social life, health, etc. The effects will take a long time to recover. Sustainable resource allocation with investment in education and health can help us rebuild and recoup.