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?
In my opinion, countries that do not take inappropriate actions during the Covid-19 coronavirus pandemic will significantly increase their status in the world.
It is very easy to panic in an atmosphere of fear. However, inadequate actions of government officials will lead to serious problems in the economy. Small and medium businesses could die from a pandemic, and unemployment could rise.
In such crisis situations, it is necessary to make informed management decisions.
An example is China. China's actions were absolutely adequate to the situation that had arisen.
As a consequence, China has a chance to significantly increase its status in the world after the end of the coronavirus pandemic.