International Relations and Global Risks Post-Pandemic Era

Corona virus pandemic, which emerged in Wuhan, China in December 2019 and spread the world, took the world captive. Corona virus pandemic has gone beyond being a health problem and brought many economic and social problems. During this, some measures were taken by many countries against the pandemic, and some restrictions and practices were introduced in this context.

28 December 2021 ・ Author: Speaker Agency

Corona virus pandemic, which emerged in Wuhan, China in December 2019 and spread the world, took the world captive. Corona virus pandemic has gone beyond being a health problem and brought many economic and social problems. During this, some measures were taken by many countries against the pandemic, and some restrictions and practices were introduced in this context. Meanwhile, the world continue to suffer from especially unemployment and international relations after the pandemic.

Global Developments During the Pandemic

Pandemic caused the economy of many countries, especially the American and European economies, to shrink.  As a result of the practices carried out during the pandemic, many workplaces and factories had to remain closed and quarantines requiring closure were applied. For this reason, sales volumes decreased with the cessation of production in the factories. As a result of the pandemic practices, many companies operating at the international level went bankrupt or resorted to ways such as bankruptcy postponement.

Reasons such as the attitudes, economic preferences and goals of some world actors in the field of global politics and international relations have increased the number of anti-globalists. Corona virus pandemic started right after the period of trade disputes and separations between countries, such as the US-China tension and the Brexit separation of the UK. Global trade, which had a difficult time with the conflicts and anti-globalization attitudes experienced before, had historical declines due to the pandemic.

Tourism and aviation sector, which have an important share in global trade, were also heavily affected by the practices during the pandemic, and red list applications were started by other countries in countries where the pandemic was concentrated. This situation caused the revenues of the sectors we mentioned to decrease to a great extent. In this context, applications such as PCR tests that vary from country to country, accepted - not accepted Corona virus vaccines and the red list have become tools that are applied between countries for strategic purposes, sometimes by using objective data and sometimes by the guidance of global politics.

Global Risks and What to Do After the Pandemic

It does not seem possible to easily recover the economies of the states, which deteriorated as a result of the practices during the pandemic, even if pandemic is no more. Apart from the practices during the pandemic, the recovery of the economies of the countries is delayed due to the breaking of the supply chains, and the unemployment rates in the countries continue to increase due to the disrupted production activities.

As a result of the financial programs announced by the countries, it is observed that the implementations such as financial assistance to the private sector or reducing some tax rates will negatively affect the public finances of many countries. Due to declining global trade income and public support, it is found out that many states will be under a serious external debt burden. In this context, the realistic and logical selection of the areas where financial aid programs will be announced by the states, and the establishment of an accurate plan regarding tax revenues and other revenues of the state and determining a monetary policy appropriate to the economic truth of the country stand out as the most important issues that will occupy the agenda of governments and central banks of the country.

The acceptance of the post-truth era, which started to affect the economies before the pandemic, caused a different understanding to emerge in globalization and intercultural communication. If you wonder how the concept of globalization and the balance strategy in international relations will progress, get expert opinions by watching the speech videos on the pages of John Bruton, Harry G. Broadman and Professor Ahmet Kasim Han all of them are listed under the topic of society and international relations in Speaker Agency portfolio. Alternatively you can listen to their podcasts or invite them to your company so that your team can learn more about social and societal issues.You can click to get information about Speaker Agency's other speakers on society and international relations and review their speaking areas of expertise.

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  • Global Risks

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