The World Order in the Post-Coronavirus Era

Mehdi Sanaei
2020 Russia in Global Affairs  
As the international medical community speculates as to how long the coronavirus infection will last and what impact it will have on human health in general, the observers and scholars of international relations are puzzling over the consequences that world politics may face after this pandemic. THE ECONOMY: WHO WILL WIN? In the economic sphere, the answer is clear, to some extent. It is predicted that the size of national economies, especially in the countries which are most affected by the
more » ... affected by the coronavirus, will decrease. The level of production and consumption, except for some hygiene products, will decline. Many small and large industries and businesses will go bankrupt inevitably, and the world's unemployment rate will skyrocket. A large number of big companies will have to revise the methods of production and distribution of their products. After the crisis, governments are also likely to use the principle of resilience, along with the principle of profitability, in the economy in critical situations. Mehdi Sanaei RUSSIA IN GLOBAL AFFAIRS
doi:10.31278/1810-6374-2020-18-2-54-59 fatcat:hdwzdzycsnbudmyny26mthavve