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Name: Sanzida Alam

ID:19161010
Topics: Relation between Globalization and COVID-19

First of all, globalization is the process of expanding trade and commerce all over
the world by creating a boarderless market.In present world globalization has
been introduced with a view to extending border-less market.This is a free flow of
products as well as ideas in possible.because of globalization a country can be
take advantaged in many ways including free access to market,hi-tech
information,trade,commerce,social activities,cultural affairs,employment
opportunities and so many.So we can say,mainly the developed countries are
highly benefited for globalization.

On the other hand the outbreak of the new coronavirus, COVID-19, that began in
Wuhan, China, may well turn into a global pandemic. More than 50 countries
have confirmed cases of the virus, with the precise nature of the transmission
mechanism remaining unclear. when a virus which name is COVID-19, is to come
in the world with a lots of problems ,People’s life has become very painful. And
because of COVID-19, economically and financially world has faces many trouble.

So, Coronavirus disease (COVID-19) is an infectious disease caused by a newly


discovered coronavirus.For Coronavirus,most of the people infected mild to
moderate respiratory illness and recover without requiring special treatment.This
virus is a communicable disease. In any case, factory closures and production
suspensions are already disrupting global supply chains. Producers are taking
steps to reduce their exposure to long-distance vulnerabilities. So far, at least,
financial commentators have focused on cost calculations for particular sectors:
automakers worried about shortages of parts; textile makers deprived of fabric;
luxury-goods retailers starved of customers; and the tourism sector, where cruise
ships, in particular, have become hotbeds of contagion .It has the potential to do
worldwide economic and human harm. But it is not the result of a flaw in the
organisation of the world economy, in the way people, goods and money flow
across the globe. It is a global crisis, not a crisis of globalization .

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