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In: Economics

What contemporary global issue topic to tackle in making a position paper? Kindly give the following...

What contemporary global issue topic to tackle in making a position paper?

Kindly give the following reasons and additional information about why it is essential.

I will use your advice in making a position paper that requires 2000 words

You can put it in bullet form at least 8 bullets. explain it as clear as you can.

Automatic like if satisfied.

Solutions

Expert Solution

What contemporary global issue topic to tackle in making a position paper?

One of the most seriously discussed global issue topic is of the: Impact of Covid-19 pandemic.

Kindly give the following reasons and additional information about why it is essential.

The impact of Covid-19 pandemic is essential as it is a global crisis and has affected almost all the nations in the world.

The impact of this pandemic can be discussed under different sub-heads or in the following bullet points -

  • Health Care (Mental and Physical health - The disease has not only affected the physical health but also the mental health of the affected person and their families)
  • Medicine (Research and development of medicine/ Contribution by the pharmaceutical industry)
  • Economic impact (Fall in GDP and Balance of Payments due to negative impact on trade and commerce, financial market disruption, production and supply chain disruption, stock exchange crisis etc)
  • Mobility issue - Mobility of both human beings and of goods and services is negatively affected.There is the issue of migrant labourers and also the problem of serious disruption in the supply chain.
  • Education system (Online education/Distance education is the only option provided by most of the schools and universities)
  • Banking Crisis (Financial crisis - Defaulting of loans/ to lack of ability to payback the loans due to loss of jobs)
  • Tourism and entertainment (The tourism and entertainment segment is seriously affected by this pandemic as there is a huge fear of getting infected to this disease when people gather together or travel freely)
  • Impact on the society (Unemployment and lack of income earning opportunities/emotional imbalance due to the loss of near and dear ones)
  • Few major negatively affected sectors - Aviation, Tourism, Hotels and Restaurants, Malls and trade centres etc
  • Few major positively affected sectors - Technology driven sectors (data storage, software, gaming, E-commerce), Environment protection due to less carbon emission.

All these issues are faced by all the economies affected by this pandemic and are serious socio-economic problems. These bullet points can be explained in detail for a position paper of 2000 words very easily.


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