Quote from: wiss19 on August 19, 2020, 03:10:43 PM

But they were able to do that because their population is way too small compared to other countries and not every country is hit by the corona virus to be the same extent so comparing a country to another is not viable option because every country have different trade partners across the borders and how brutally a country is hit by the virus depends on various aspects.

Economy will restart and there are most of the big companies that are still operating at maybe a slower but good pace so there is nothing too much to worry about. The most problematic the virus has been is to the small businesses and the local industries so they just need to hold during this time and try to avoid shutting down their industries while the government must offer some relief to them via taxes or something else.

New Zealand, including a country that has consistently responded to the Covid pandemic. Understanding that they have no experience in dealing with pandemics, they are imitating countries that have had brilliant achievements against Covid such as Taiwan, China and Vietnam. New Zealand's isolated location and relatively low population density have certainly helped contain the pandemic, but have little significance in the success of containing a pandemic. Precisely what is most important is the significant guidance exemplified by Asian countries that have successfully suppressed the pandemic through leadership, management and technology. A responsive, fast and firm response actually reduces the risk of a prolonged pandemic which will eventually spread to the economic, social and political sectors.

The economic conditions and impacts of a pandemic in each country vary depending on the initial conditions of the start of each country. Growth of minus 5.3% for developing countries may be deadly but the growth of minus 30% - 40% which is felt by developed countries as if it has no effect due to their good economic resilience.