In: Economics
Write about Covid 19 and its consequences all over the world (5000 words)
Ans. The COVID-19 pandemic is considered as the most crucial global health calamity of the century and the greatest challenge that the humankind faced since the 2nd World War. In December 2019, a new infectious respiratory disease emerged in Wuhan, Hubei province, China and was named by the World Health Organization as COVID-19 (coronavirus disease 2019). A new class of corona virus, known as SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2) has been found to be responsible for occurrence of this disease. As far as the history of human civilization is concerned there are instances of severe outbreaks of diseases caused by a number of viruses. According to the report of the World Health Organization (WHO as of April 18 2020), the current outbreak of COVID-19, has affected over 2164111 people and killed more than 146,198 people in more than 200 countries throughout the world. Till now there is no report of any clinically approved antiviral drugs or vaccines that are effective against COVID-19. It has rapidly spread around the world, posing enormous health, economic, environmental and social challenges to the entire human population. The coronavirus outbreak is severely disrupting the global economy. Almost all the nations are struggling to slow down the transmission of the disease by testing & treating patients, quarantining suspected persons through contact tracing, restricting large gatherings, maintaining complete or partial lock down etc. This paper describes the impact of COVID-19 on society and global environment, and the possible ways in which the disease can be controlled has also been discussed therein.
The outbreak of the new coronavirus infection, COVID-19 was initiated from the Hunan seafood market in Wuhan city of China in December 2019, and within a couple of months it has turned out to be a global health emergency. Live animals like bat, frog, snake, bird, marmot and rabbit are frequently sold at the Hunan seafood market (Wang et al., 2020b). Genomic analysis revealed that SARS-CoV-2 is phylogenetically related to severe acute respiratory syndrome-like (SARS-like) bat viruses, bats could therefore be the possible primary source. Although the intermediate source of origin and transfer to humans is not clearly known, the rapid human to human spreading capability of this virus has been established. As per the latest update of WHO on 18 April 2020, the outbreak of COVID-19 had spread in more than 200 countries. Approximately 146,198 people had died after contracting the respiratory virus out of nearly 2,164,111 confirmed cases, whereas more than 402,989 people have recovered from the disease.
CONSEQUENCES OF COVID 19 ALL OVER THE WORLD
1. There are over 2700000 confirmed cases of COVID 19 all over the world.
2. According to the official reports , the largest number of confirmed cases are in the United states , Italy ,Spain and France
3. As many as 213 countries and teriitories have registered Covid 19 cases.and the entire world is buzzing with uncertainty and questions: How long will the pandemic last? What will people’s lives look like once the pandemic is over?
4. At the moment, many countries have taken measures — some of them stringent — to slow down the spread of SARS-CoV-2, the virus that causes COVID-19. While some of these countries are now considering whether to ease the measures, others have already decided to keep them in place over the following weeks.
5.Many countries have declared restrictive measures, such as lockdown, shelter in place, or stay at home orders, to contain the pandemic at a local level.
6. China appeared to manage the coronavirus outbreak effectively, putting in place early travel bans within the country itself. As early as January 23, Chinese authorities declared a nationwide travel ban, which, some experts suggest, may have averted over 700,000 COVID-19 cases within the country.
7. Earlier in April, Japan’s Prime Minister Shinzo Abe declared
a state of emergency. This allowed the authorities to ask people to
stay at home, though the government has not enforced closures or
restrictions.
This state of emergency should remain in place until early May,
though the steady number of COVID-19 cases has reportedly moved
doctors in Japan to warn of an impending breakdown in their health
care system.
8. Some European countries have reacted sooner to the steep rise in COVID-19 cases than others. On March 10, Italy ordered a strict nationwide lockdown, becoming the first country in Europe to do so.
9. Spain, another one of the European countries hit badly by the coronavirus, also announced strict lockdown measures from March 14. Although there have been over 208,000 confirmed COVID-19 cases in the country to date, Spain’s Prime Minister Pedro Sanchez announced that Spain reached the peak of the pandemic in early April.
10. The U.S. strategy in dealing with the pandemic has been the target of an increased amount of criticism since different states have adopted wildly different measures. There is a lack of consensus between the authorities and various public health organizations.
As of March 30, 30 U.S. states — including New York, California, Texas, and Washington — have directed their citizens to shelter in place or stay at home, though some have opted for less restrictive measures.
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