Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Reaction Draft

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

AYSON, JOHN KEVIN B.

BSDC1A APRIL 14, 2020

COVID-19 PANDEMIC; GLOBAL SICKNESS


The outbreak of the new coronavirus, COVID-19, that began in Wuhan, China, may well
turn into a global pandemic. More than 50 countries have confirmed cases of the virus, with the
precise nature of the transmission mechanism remaining unclear.
Harold James, (Professor of History and International Affairs ) said that, Pandemics are
not just passing tragedies of sickness and death. The omnipresence of such mass-scale threats,
and the uncertainty and fear that accompany them, lead to new behaviors and beliefs. People
become both more suspicious and more credulous. Above all, they become less willing to engage
with anything that seems foreign or strange.( World Economic Furom)
The Corona virus pandemic is not just a medical crisis, but a social and economic one
too, says ILO Director-General Guy Ryder. If our response is to be effective it must take into
account all these factors, and be delivered in a co-ordinated, global way. In particular, it must
answer the needs of the most vulnerable.( www.ilo.org)
COVID-19 has officially been designated a pandemic by the World Health Organization
(WHO). It has gone global with cases in over 150 countries. It is now poses a more serious
downside risk to the global economy. As a result, several countries have taken a variety of
measures from mass testing, travel/border restrictions, to lockdowns in a bid to contain the virus.
Governments and central banks have likewise been adjusting the monetary and fiscal policy to
mitigate the economic impact. This means that we are now in the second chapter of the crisis
where the pandemic has translated into an economic crisis. ( http://www.neda.gov.ph/)
Duffin (2020, April 03), stated that there is no way to tell exactly what the economic
damage from the global COVID-19 novel coronavirus pandemic will be, there is widespread
agreement among economists that it will have severe negative impacts on the global economy.
Early estimates predicated that, should the virus become a global pandemic, most major
economies will lose at least 2.4 percent of the value their gross domestic product (GDP) over
2020, leading economists to already reduce their 2020 forecasts of global economic growth down
from around 3.0 percent to 2.4 percent. To put this number in perspective, global GDP was
estimated at around 86.6 trillion U.S. dollars in 2019 – meaning that just a 0.4 percent drop in
economic growth amounts to almost 3.5 trillion U.S. dollars in lost economic output. However,
these predictions were made prior to COVID-19 becoming a global pandemic, and before the
implementation of widespread restrictions on social contact to stop the spread of the virus. Since
then, global stock markets have suffered dramatic falls due to the outbreak, and the Dow Jones
reported its largest-ever single day fall of almost 3,000 points on March 16, 2020 – beating its
previous record of 2,300 points that was set only four days earlier. (https://www.statista.com/)
This only say that the global economic went slow because of the pandemic CoViD-19
that vanished lives and opportunities to certain individuals and also with the countries’ economic
status. This catastrophe builds boundaries against nations for protection to each and everyone.
Philippine President Rodrigo Duterte has extended until April 30 a partial lockdown of
the country, affecting an estimated 57 million people in the northern island of Luzon, his cabinet
secretary announced on Tuesday. The "enhanced community quarantine", which Duterte

GENEd 107: The Contemporary World


Bachelor of Science in Development Communication
AYSON, JOHN KEVIN B.
BSDC1A APRIL 14, 2020

declared in mid-March to help contain the spread of the deadly coronavirus, was to end on
Sunday, April 12. (aljazeera.com/news)
More than 1.3 million people across the world have been confirmed to have the
coronavirus and nearly 75,000 have died. At least 277,000 have recovered from the disease.
(aljazeera.com/news)

Provincial and town executives in the rest of the country have also implemented their
own versions of the lockdown, putting virtually the entire country of more than millions under
quarantine, with commercial aviation and shipping banned and land transportation under
restrictions. Everyone is advised to stay at home that no one is allowed to stay and go outside
without any essentials. Every health departments in every nation advising to their people to do
the social distancing (1 meter away to every person), frequent hand washing and using protective
mask. It is being recommended that it is better to stay at home to prevent the spread of the virus.

Information sources:

https://www.aljazeera.com/news/2020/04/duterte-extends-philippines-coronavirus-lockdown-
april-30-200407023327815.html 7 Apr 2020

https://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_739961/lang--en/index.htm
http://www.neda.gov.ph/addressing-the-social-economic-of-the-covid-19-pandemic/
https://www.statista.com/topics/6139/covid-19-impact-on-the-global-economy/ Published
by Erin Duffin, (Apr 3, 2020)
https://www.weforum.org/agenda/2020/03/globalization-coronavirus-covid19-epidemic-change-
economic-political Prof. Harold James , 2020 (March 04)

GENEd 107: The Contemporary World


Bachelor of Science in Development Communication

You might also like