Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
When there is crisis the economy is hit pretty badly, and it’s worst when it’s a situation that’s unexpected like this one we are facing now.it’s normal that the economies will be affected. But if the government is able to handle the situation the right way, the economy wouldn’t fall that bad. The countries that their economies will be in line to fall the worst in a crisis like this are the developing countries.
Some of them had the opportunity to take actions and prevent the situation, but their government didn’t do what they are supposed, they left their nation’s unguarded till the coronavirus penetrated.