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Based on the June 2020 edition of the OECD Economic Outlook report, there are two economic scenarios due to global uncertainty this year.

For the first scenario, the global economy will reach minus 7.6 percent due to the second wave of the corona virus outbreak which hit the global economy towards the end of this year. The global unemployment rate rose dramatically to 10 percent and global trade growth contracted by 11.4 percent.

For the second scenario, the global economy is minus 6 percent because the second wave of COVID-19 can be avoided by many countries. The unemployment rate rose to 9.2 percent and global trade minus 9.5 percent.

Quote from: Alert31 on August 24, 2020, 03:57:41 PM

Covid 19 pandemic has a huge impact to the economy of every country but i think it is still not the the time that the government will accept decentralized economy. As long as the government has a solution for the problem they will not allow decentralize because they have no control over it. And government will find a way to recover from this pandemic.

we have to accept the fact that almost all countries in the world are led by old people who do not understand the benefits of decentralization. governments can be moderators in a decentralized economy, their job is only to supervise..