With the coming of the pandemic, the global industry has experienced a major fall down affecting most people from varied industries and technological institutions that are run by the global political powers. The fact that the pandemic has already surpassed two years is in itself an implication that the world needs to prepare itself for the coming unpredictable times. However, while some facets of the global industry have faced a downturn, there exist many business ideas that have witnessed a successful upsurge due to the very nature of the pandemic and its drawbacks on the people along with their demands.
While the trade industry on an international level has dived into a questionable arena of success, many start ups and young leader confederations and ideations have successfully come up as a means of economic, political and social dependence for the coming decades. The next few years that will follow a post pandemic world tends to be the deciding factor of the economic and international situation on a globalized platform. These will thus be the key aspects responsible to either benefit or bring down any business idea and industry that exists or emerges.
While we see the situation worsening and getting better in a swing of turns, it is now time to start preparing for the times that are to come. Here are a few areas that need to be mentioned and worked on before we enter a post-Covid world with its own varied dimensions and demands.
A sense of security:
The human race is insecure about the lives now more than ever. The numbers say it all. The pandemic has resulted in the death of more than millions of people from all over the world, thus creating a sense of insecurity about the basic livelihood conditions of man. It is now time that the global world institutions realize the sheer importance of inflicting its focus on the physical health and national security crisis that has resulted due to the economic imbalance. It is crucial now more than ever to look after the basic living conditions, living behind the set standards of a developed lifestyle and that’s focus on a spread of equal distribution of economic facilities in all regions of the world. Further, these institutions need to realize that medical security is the need of the hour. With the world having reached great potentials in the medical field, we must now prepare ourselves towards building a much sincere model of health and efficiency in lifestyle of all classes and races.
The ‘Nature First’ phenomenon:
Though many nations and international organizations have been paying heed to the worsening climatic conditions of the world, be it the melting of the Atlantic, the forest fires, or the extinction of many species of animals, the pandemic is symbolic to the degradation of nature inflicted by men on the largest scale ever. With times that demand prioritizing our needs over wants, the world should envisage and encompass the nature of climatic action and changes in the past few decades, thus planning a better vision for the globalized world demands.
Economy for a futuristic vision:
The one area that the pandemic has taken most toll on is the economic balance of the world. Though many nations have tried to survive this economic downfall, it would be foolish to reject the idea that COVID-19 has gravely affected the economy of the best world-wide powers. Many businesses have crashed, information technology, though a key aspect responsible for keeping us connected throughout the pandemic, is on a downfall in the terms of needs while innumerable start ups have faced losses. It is very evident that for the past few years many international organizations and nations have been reconnecting with each other to form a strong economy base. An example of this is the Quad Summit that recently took place between four nations involving the United States of America and India. This is an example of the international relations that are developing between nations in order to form substantial and potent economic dimensions. However there are many regions like Africa and a few of the mid-west who have a long way to go. These regions are hence deprived of many facilities despite of the raw materials and man-power they posses. The world needs to apply a vision that keeps the youth at the centre of the economic pyramid, thus concentrating all its resources on the betterment of a globalized trade policy that results in a win-win situation for all.
The mental spectrum:
As much as any other hinderance caused by COVID-19 is that of mental instability and harm that the pandemic has inflicted upon individuals. We have seen people getting emotionally drained due to the monotony and the structure of lockdowns imposed and the deaths of close ones that have created a never ending scar in the minds of many. The volunteers of globalization now need to realize the grandness of mental health and find ways to normalize the same. A more humanitarian aspect needs to be added to the globalized development involving building of structures of economy and exports. Along with the other powers that are run by the international politics, be it food water or physical health and medical ailments, the mental health criteria needs to be taken into account for a better vision that is to be explored.
