Question

How will COVID-19 influence Global Political, Economic and socio-cultural environment?

Answer 1

The COVID-19 is crating chaos in the world with 45 hundred thousand infected and more than 3 lakh deaths globally and increasing counts day by day. A virus that arise from Wuhan, china in the late 2019 makes it its new epicentre in America. Ofcourse, the virus's journey from Wuhan to Washington already made many political and economical impact globally. And no doubt this journey from Wuhan to Washington will make more chaos in the global political, economical, socio-cultural environment
Let us discuss the global impact of Covid-19 briefly.

ECONOMIC IMPACT.
World's greatest economies like U.S, China, U.K, France, Italy, Japan and many more countries are at the edge of a economic disaster. Oil prices have fallen down and stock markets around the world is sinking. In the first week only more than 3.e million Americans reported unemployment and more tha 6.6 million people lost their job. Managing Director of International Monitory Fund (IMF), Kristalina Georgieva demystify that “a recession at least as bad as during the Global Financial Crisis or worse”. Many other economic experts and scholars have already warned about the alarming condition of the global economic and financial structure.
The world is facing the worst economic situation after World War-II . When it is the matter of economic damages and human cost all the countries have to work together and to save human creature and the economic structure as well.

POLITICAL IMPACT.
The politic impact of Covid-19 is also as much important as the economic impact on it. Leaders from many countries started arguements and blamed the Chinese government for mishandling the virus. American President Donald Trump is in the forefront of this blame game. A China-America heated arguement started in the ealry march on the the Covid-19, Pres. Trump called it a chinese virus and China repeatedly warned for calling the virus chinese and blaming them. Chances are increasing that, if there is a economic slowdown or recession in the U.S, then definitely it could reduce the chances, to re-elect Trump. Many other leaders like South Korean President Moon jae-in, Japanese P.M Shinzo Abe are facing such threat.
Post-Covid era will face many geo-political crisis. U.S-China trade war will be a part of this.
Anyway WHO is trying to unite world countries in this difficult time , it is trying to encourage global response based on solidarity. As virus will not stop on the borders, only global solidarity can prevent it.
SOCIO-CULTURAL IMPACT
The Covid has an impact on all the ambit of our normal life. It is attacking our cultural life heavily. Libraries, Churches, mosques memorials, community centres, museums and all cultural venues are shut down. Festivals, cerymonies, parties, functions and all other events, wherethere is a possibility of social gatherings are cancelled. employees may have job loss, workers working in freelance sector may be left for weeks and months without income. The active involvement of social and cultural life is damaged by the COVID-19.

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