Receive our newsletter – data, insights and analysis delivered to you

Covid-19 pandemic could shift the balance of economic power

By Paul Dennis

9 July

The Covid-19 pandemic has highlighted the weaknesses of various countries in responding to a disaster of such as a viral outbreak.

China has been quick in controlling the outbreak, while other countries are yet to bring it under control.

The quick spread of the pandemic and inability to bring it under control led a series of blame games and rivalries among some of the biggest nations.

As China quickly recovers, the balance of power may shift post-pandemic.

Konstantina Beleli, an economist and consultant, shared an article on how the Covid-19 pandemic is aggravating existing rivalries and blame games between nations.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

The article notes that in the differences in economic and demographic growth is expected to shift the balance of power from the west to the east.

The pandemic has exposed the weaknesses in the European Union (EU), while intensifying the rivalries between the US, China and Russia.

Read more

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU