Global economy will be inexorably transformed after the year of Covid, writes Harini Calamur
PTI
âOn 31 December 2019, the WHO China Country Office was informed of cases of pneumonia unknown etiology (unknown cause) detected in Wuhan City, Hubei Province of China. From 31 December 2019 through 3 January 2020, a total of 44 case-patients with pneumonia of unknown etiology were reported to WHO by the national authorities in China,â
begins a WHO situation report from January 2020. An almost bland beginning to the year that will gone on to be seen as the year that all our lives changed.
According to WHO, there have been
78 million+ infections worldwide, and 1.7 million plus deaths so far. The dreaded second wave is yet to begin, and countries already ravaged by the first set of lockdowns are moving towards a second phase of lockdown. As the vaccines start rolling out, and the world anticipates normalcy with bated breath, here are three things that have forever changed in the world economy: