In Gefira #44 our analysts are pondering the world in the aftermath of the pandemic or rather the handling of it. From the dawn of history great disasters have been regarded as harbingers of great historical events and changes. We may incline to believe in it or denounce it, but the fact remains that before the Soviet Union collapsed, there was the Chernobyl Nuclear Power Station spectacular failure. The pandemic is going to wreak havoc with the economies of many nations, so at least in this sense it will have had a far-reaching effect comparable to that of a world war. Between the two theoretical extremes that nothing much will change or that the world will be markedly or even strikingly different, the most probable development falls somewhere in between. The question is to which of the extremes it will tend more. As it is the case with hot war, also the pandemic will do more harm in some places, less in others; as it is the case with big crises in general, there are those who stand to win, and those who stand to lose. A kind of reset in international relations, alterations in world finances, re-evaluation of the role of technology, a large-scale redistribution of property, the death or a new life of globalism, the emergence of new or the intensification of some of the old social ills are among the many major phenomena that could be heaving in sight. Our readers are offered an insight into the possible scenarios across various sections of human existence so that they can make an informed decision as to which measures to take and what to expect in their businesses, professional careers and private lives.
Gefira Financial Bulletin #44 is available now
- In the wake of the pandemonium
- Second wave, third factor, toothless tiger and preparations for war