What will happen to the world after the Corona pandemic?

Date

7 January

Time

9:06 pm

Location

Egypt Cairo

Ninety Street, New Cairo

Epidemics change the shape of the world, and previous experiences confirm that the world after the Corona epidemic will not be like before Corona. In 1346, the plague or the Black Death arrived in Europe from China, after it was transmitted from mice to fleas, which in turn transmitted it to humans, and the epidemic spread globally through merchants, who were moving between the countries of the world via the Silk Road. The Silk Road is an ancient trade route; It connects the Mediterranean with China, and Beijing is currently revitalizing it. By 1348, the disease had spread in Europe and North Africa, and the plague was a fierce epidemic that killed half the population of any region it reached, so the plague killed more than half of the English population. The plague not only killed humans, but also wiped out the ancient world order. For example, Europe – before the plague – relied in agriculture on a feudal system, in which farmers worked for the lords, and on top of that they were subject to large fees and taxes despite the hard work. However, the plague killed a large number of farmers, and the decrease in their number affected the workforce in the fiefs, which prompted the survivors to demand increased wages, reduced fees and taxes, and most importantly, a less harsh working environment. The plague epidemic destabilized the feudal system, in preparation for its disposal, which created a different world after the plague. And the models of epidemics that changed the world are many other than the plague, such as cholera, so how will the world change after the Corona epidemic? Despite the uncertainty about when the epidemic will end and the effectiveness of vaccines against mutations and new strains of the virus, many changes are expected, and their signs are emerging even before we can eliminate the virus. The following are the ten most important predictions for the changes that will occur around the world after the epidemic: First, there is a decline in the globalization of international trade and an increase in the globalization of jobs, meaning working from outside the borders of the state more, re-introducing the ideas of settling industries and production chains within the borders of the state, and reducing dependence on international trade. Secondly, the sustainability of remote work and greater reliance on technology in work, production and industry, and a change in the pattern of real estate demand through a reduction in demand for offices and the allocation of spaces to work from home and reducing pressure on transportation and traffic in the world, in light of remote work. Third, the significant increase in the size of government debt around the world and the stability of bank interest rates at low levels in light of limited price inflation. The International Monetary Fund said in January that global debt likely reached 98 percent of economic output at the end of 2020. Fourth, the bankruptcy and merger of many companies, especially in the transport, aviation and tourism sectors. A report issued by Standard & Poor’s Global last August had predicted a large number of bankruptcies in the coming years, and indicated that 424 American companies had filed for bankruptcy protection from the beginning of the year until August 9. Fifthly, an increase in tax rates and the imposition of new taxes, especially on the rich, to finance the deficit. Sixth, improving the conditions of doctors and nurses around the world and increasing the demand for artificial intelligence specialists and technology experts. Seventh, the sustainability of the distance or hybrid study system around the world and the negative impact of countries such as Britain and Canada that rely heavily on foreign students. Eighth, the increase in inequality and the impact of social justice in the world, whether among countries, especially developing and industrialized countries and some of them, or at the internal level within each country after the high unemployment rates within countries, and then the increase in the social few. Ninthly, the rate of women’s employment and exit decreased in the short term in light of the new family burdens. Tenth, scramble towards the Fourth Industrial Revolution, creating new jobs and improving productivity.

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