Professional Documents
Culture Documents
Introduction
There is an extensive conviction that coronavirus outbreak will change everything in the society
the economy and government’s role will change forever [ CITATION Sch20 \l 1033 ]. Few forecast
that there will be a society which will demonstrate more unity as well as a new model for
economy which works for everyone and may be a better essence of global collaboration, such as
on climate change [ CITATION Sch20 \l 1033 ] . The increase in the substantial global order has been
a key element in the increasing motion of individuals over the boundaries, whether with the aim
of networks of distribution or supply chain, global finance and money flow, jobs, tourism or
study. This globalization has made the coronavirus spread all over the world. Nations throughout
the world are currently reacting to this pandemic by banning the people’s movement, prohibiting
individuals from other nations to enter their county and asking local people to isolate them for a
sometime till they control this pandemic. No doubt, when this pandemic will be in control, all
these limitations will certainly be finished. However, this experience that made people aware
about the risks integrated with free movement of individuals from one country to another, will
cause many to avoid forthcoming live, trade, holiday plans and all the other kind of activities that
Coronavirus pandemic will change the outlook of Globalization. It is increasing the barriers
among countries at incredible speed. This outbreak not just speeds up the demise of globalization
but its revolution too. Coronavirus pandemic has negatively impacted the global flows and
processes as foreign travel has been banned, supply chains have been paralyzed, and a solid
restriction on exports has led majority of the individuals to question whether the globalization
economy. The manufacturers are considering decreasing their long distance exposure because of
vulnerabilities. Taking into account the long term effects of the coronavirus disaster, people,
organizations and nation-state will attempt to cover themselves during this difficult situation.
The outbreak will surely emphasize the risk integrated in excessive dependence on global supply
The international connection of goods and services, people, information and thoughts has
brought irrefutable advantages. However throughout this outbreak, people have become aware of
the dependency risks. In the initial days of pandemic, it has revealed the supply chains instability
led local reactions instead of collaboration of international ones. It strengthened the arguments of
nationalist for production restoring and increased migration limit. It has been demonstrated as
It won’t be the termination of globalization. Instead, the world is probably going to see another,
more restricted form of global association compared to the one we have been aware since long
time. Its forms are hardly noticeable, however observable even so. No doubt, vulnerabilities of
the western globalization have clearly been exposed during the recent pandemic outbreak.
Moreover what is significant is that the worldly disaster of health declared the Chinese train's
onset. However, the outcomes of this COVID-19 outbreak have brought various critical tactics
admiring the model of China in its efficiency in overbearing the world. Nevertheless, few experts
discuss that the global map will alter in the indulgence of the growing Asian giant. As the
international economies shift their focus towards China, so as per my point of view China is able
coming years
China is revitalizing for consequences after the COVID-19, however it is strong-minded to keep
their vital part in the international economy [ CITATION Xin20 \l 1033 ] . Repositioning of
international value chains will accelerate disasters after coronavirus, but China is able to
influence is progressive infrastructure as well as industrial capacities. In this time where global
lead the consequent salvage [ CITATION Kot20 \l 1033 ]. Similar to other nations which are infected
by coronavirus, economy of China hurt largely due to the pandemic. GDP of China decreased by
6.8% in one year through the period of January to March, involving a huge 39.2% decrease in
Hubei province, which was the center of pandemic [ CITATION Kot20 \l 1033 ] . But currently China
has greatly taken control over coronavirus pandemic and the economy has mostly opened again,
in this time where the entire world is dealing with the worst of pandemic.