Coronavirus implications

Coronavirus implications

1. There are lots of uncertainty around this joint. Therefore, we are going to argue the main concerns.

   • Covid-19 projected 12% decline in growth
     • People were expecting a smooth in economy the next year. However, the situation get worse really fast and impacted every nation.
   • Demographic change
     • The world is going to hit 8.4 billion people in a couple of decades. Urbanization is increasing 65%, therefore there are going to be a lot of people leaving in the cities. This will make hard implement social distancing to combat the Coronavirus.
   • Global order
     • The coronavirus has impacted the normal functioning countrie's rule, institution, maritime rule, borders, etc. The ability to project power is now an opportunity for many countries like China and Russia. However, USA is losing their power due to their fight against the virus. The country is now in quarentine.
   • Strategic challenge: the supply network
     • The supply chain has been interrupted in some many ways. This virus is breaking the flow of goods worldwide. For example: China is the one that provides medicines and the components of machines that make the COVID tests.
   • Growing disatisfaction of population
     • There is an increasing of disatisfaction of population against their governments. Many citizens are losing the trust in their government's performance in subjects such as: health, economy, security, etc. For example: the opinion of the population about China is bad due to they kept in secret the virus for 6-8 weeks. Another example are the developing countries, which have an acknowledge about the virus and are inefficient to combat ir.
   • Democracy VS authoritarism
     • There is a foreseen strenght of authoritarism due to COVID 19.
   • Origin of the virus
     • the scientists cannot get with the botttom of the virus. There just 2 important especulations: the virus was created in a lab or that it came from an animal. the only true is that the world cannot get through this without transparecy and cooperation.
   • Soft power and universal identification
     • Everyone look to the US as the leader for getting throught the virus. Although, the country is not in the position to combat it. That is why China is taking advantage of the joint trough helping the most affected countries with machines, medicines and economical resources. However, China does not have the identification in value and culture that US has.
   • US-CHINA relationship
     • Although both countries do an agreement, this does not cover the most critical issues. The US see far away reaching a great relationship with China. However, they know that if both countries do not solve their problems all the world could get affected.
   • International terrorims
     • Chemical and biological weapons are easy to make. Therefore, institutions such as ISIS can destroy an entire population with a virus like the COVID- 19
   • Chinese influence
     • Due to the coronavirus developed countries will have economical aid from IMF but this may not be enough. Therefore, these emergent markets will ask for financial help to China. In this way China will obtain power.