ABSTRACT
Corona Virus is a pandemic disease. Its short form is Covid-19. "CO" stands for corona, "VI" stands for virus and "D" stands for disease. It can take up to 14 days for symptoms of coronavirus to appear. The main symptoms of coronavirus are coughing, fever, shortness of breath, sure throat. Today, the world is in a critical situation due to the Coronavirus, which break out in Wuhan, China, and spreader in 213 countries within a short span of six months. Almost 12,198,686 cases are reported and out of the 552,791 people died across the globe. This alarming situation spread fear among the people that most countries decided to have a complete lockdown. Thus, the virus cripples the health sector and affects the economy and geopolitical relationships of the affected countries.
This virus has severely affected the health department because the virus does not have the vaccine, and all the hospitals are fully engaged in fighting the virus. Similarly, the virus had affected the economic growth of the countries. Due to the lockdown in the country, all the institution is not working this earn on or little money. Likely the political relationship of the globe is disturbed. One of the reasons is that the majority of the foreign investor canceled or postponed their project.
INTRODUCTION
Coronavirus spread to the whole world. This virus has killed many people all over the world. Many countries are affected by this virus. Almost; eight months have been passed, but still, this virus continuously attacks many people. All the world government has imposed the lockdown policy in their countries, and all economic sectors have banned work.
Due to lockdown, oil prices decrease and damage all the countries' economies. Covid-19 has affected the educational system worldwide. Educational institutions have temporarily closed due to a particular spread of covid-19. In this way, students have a significant loss. However, online classes have been conducted in most countries, but this is not very suitable, especially in underdeveloped countries. Many students belong to villages; they face many internet issues.
Some students belong to lower-middle-class families; they cannot afford internet expenses. Students face many challenges in underdeveloped countries. Due to the spread of coronavirus, shops, offices, companies, and factories have temporarily closed. Shopkeepers faced many challenges. In this way, unemployment and poverty occur in underdeveloped countries. Due to this situation, many social and academic issues arise, including student debt, digital learning, food insecurity, homelessness, healthcare, housing, internet issues, disability services, unemployment, poverty. The unemployment rate increased about 14%, and people falling below the poverty line could be 20 million and almost 100 million poor raising in-country. Due to the closure of educational institutions, rising unemployment and poverty significantly impact the economy as the growth rate of Gross Domestic Product(GDP) has an essential indicator of the country's economic performance. Due to coronavirus GDP growth rate is 2.4% below in affected countries. These developments will increase the danger of social unrest. Covid-19 has also reduced global trade values by 3 percent. This has a more significant impact on the economy, especially in underdeveloped countries.
A coronavirus is a pandemic disease, and so many people have been killed because of this disease. There is no special treatment for this disease. They found that for those with mild disease, recovery time is about two weeks, the people with fever or acute illness recover within three or six weeks. This virus affects human health. Older adults and those suffering from heart diseases, high blood pressure, and other heart problems, including blood vessel injuries, blood clots, strokes, and heart attack, are mostly suffering from this disease, and their death rate increases. When coronavirus attacks, our immune system fights against it.
Others with a robust immune system are immune to this sickness, but people with a weak immune system experience symptoms. This virus later effects on kidneys, lungs, and liver. Due to lock down, it increases the rate of stress and anxiety. It affects many people's usual activities, routine increases the level of loneliness and depression. Due to loneliness, people use drugs and alcohol, which also increases suicidal behaviors.
AIMS
This article aims to determine the impact of COVID-19 on the countries' economies, health, and geopolitical relationship.
METHODOLOGY
Three primary groups may benefit from this study. The first group is those who want to gather information about the health condition of the globe due to the virus. The second group belongs to those interested in knowing more about the world's economic situation, and the third group is those who want to know about the countries' political relationship after the virus breakout.
The data for the present study has been collected by considering mix research methodology. Quantitative data were collected with the help of a questionnaire. The questionnaire was designed by a group of students of Fatima Jinnah Woman University, Rawalpindi. The questionnaire was divided into four three parts. The first part consists of 5 question that covers health issue came forward after the virus. Respondents were asked to check whether health institutions are affected? Yes, no, or partially. In the second part, seven questions were provided to investigate that in what proportion the economy of the globe is affected? The third part contains five questions to determine the political relationship. On the other hand, qualitative data was collected by document analysis which includes newspaper articles.
For this research, purposive sampling was done. The sample was selected from all five provinces of Pakistan. The primary data was collected by sampling technique.
RESULTS
SURVEY ABOUT HEALTH ISSUES
The survey is about collecting information from the people who visit hospitals during this pandemic disease. We ask questions from people about hospital facilities provided by the government. We collect this information from 35 people in our area. About 45% of people were satisfied for covid-19 treatment but not for other treatments, 25% were not confident for covid-19 treatment, 20% were optimistic for all treatments, and 10% did not answer.
SURVEY ABOUT FISCAL BALANCE TO GDP RATIO
Among developed economies, the fiscal balance (tax ratio) to GDP ratio is projected to rise from 3.0% in 2019 to 10.7% in 2020 throughout the world. The ratio for the United States is projected to grow from 5.8% to 15.4%, the highest percentage for any country or region. According to the IMF report, France, Japan, Italy, Germany, and the United Kingdom have announced public sector support measures that total more than 10% of their annual GDP. For developing economies, the fiscal balance to GDP ratio is projected to rise from 4.8% to 9.1%, significantly increasing their debt burden and raising prospects of defaults.
The fiscal balance to GDP ratio increase in throughout the world, US, Euro area and Asia in 2020 is,
LIMITATIONS
This study may be limited because most of the data is collected using a questionnaire. Since the questionnaire must be brief thus, it may not cover all the effects of COVID-19 on politics, health, and the economy. All the problems that the public is facing due to COVID-19 may not be included in the report. Furthermore, the samples used to fill out the questionnaire were from Pakistan, which may or may not reflect other nations' faces... Moreover, the data obtained by newspaper articles also do not mention the impact of COVID-19 worldwide.
CONCLUSION
People want to follow SOP's to prevent coronavirus. Regularly clean your hands, use sanitizers, maintain physical distance from others, avoid going to crowded places. Stay home. If you go outside, always cover your mouth. Offices and markets want to follow preventive measures. The government intends to enhance medical and health facilities. Therefore it has begun programs that pay money to impoverished people to help them get out of poverty. The government wants to give facilities and instruments to shopkeepers so that shopkeepers follow the sops.
Coronavirus is the most dangerous disease in the history of the world. It is more difficult because its vaccine has yet not been invented. It has a significant impact on the whole world and affects everyone badly. It has destroyed the economic growth of the world as a whole due to the process of lockdown. It has left a severe impact on health because it is spreading rapidly, and many people are affected by it.
Also, it has disturbed the geopolitical position of all countries, and many foreign investors have canceled their projects. This virus has affected almost every person in the world directly or indirectly. 9.90% 15.40% 7.50% 9.90% World US Euro Area Asia 8 From the above discussion, the result has been concluded that lockdown is not a permanent solution to control the virus. To avert the threat of an epidemic, it is significant that public knowledge, attitude, and behavior towards Covid-19 response is prompt. However, the masses of Pakistan are not aware of the gravity of the situation. Moreover, frontline workers are not prepared to face the challenge. It is a matter of urgency that awareness at all levels is to be promoted. It can further spread, but it can only be controlled by following sops and health measures strictly.
References:
https://www.ajronline.org/doi/full/10.2214/AJR.20.23202
https://www.institutmontaigne.org/en/blog/covid-19-geopolitical-game-changer
https://www.statista.com/topics/6139/covid-19- impact-on-the-global-economy/
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