COVID-19 PANDEMIC AND THE MODERN SOCIETY: EFFECTS, LESSONS AND THE RECOVERY PATHWAYS

coronavirus

 My people today am here again ooo! This issue of covid-19 have paralyzed the whole world as a whole. I have not been able to update this blog for long but we are back. Back to Back school works and termpaper updates. Please oo! Dont be unfortunate, Dont be a Nigerian, quote me if you copy from this work. “Bikonu! (Igbo). Na beg i de beg you, gentleman no dey, Ogun still de kill people for my side”. Lemme even make it easier for you so that you will not said i did not specify it well. 

Friday, Christian. (2020). COVID-19 PANDEMIC AND THE MODERN SOCIETY: EFFECTS, LESSONS AND THE RECOVERY PATHWAYS. Retrieved from funaiwhistle.com, accessed on ????. 

Anyway this is my research in this corona time to see what can be done to curb this nemesis. The world is really on a pause button. So Where is that cup of coffee i told you to always bring along while coming here, take a sip, Lets move!. 

lady chilling in a coffee

Happy Reading!. 

NAME:                   FRIDAY CHRISTIAN
DEPARTMENT:     ECONOMICS
PHONE:               +2348167788957
EMAIL:                 [email protected]

COVID-19 PANDEMIC AND THE MODERN SOCIETY: EFFECTS, LESSONS AND THE RECOVERY PATHWAYS
 

INTRODUCTION 

The COVID-19 pandemic is considered as the most critical worldwide wellbeing catastrophe of the century and the best test that the mankind looked since the second World War. This infection has demonstrated the way that man is still a remote place off in the investigation of infection. 

Coronaviruses have a place with an enormous different group of infections. These can be sorted into four genera to be specific, ฮฑ-, ฮฒ-, ฮณ-, and ฮด. All the recently examined coronaviruses answerable for overall spread of pandemic, in particular SARS, MERS-CoV and SARS-CoV-2 are ฮฒ-coronaviruses. According to the report of the World Health Organization (WHO as of April 18 2020), the present outbreak of COVID-19, has influenced more than 2164111 individuals and executed in excess of 146,198 individuals in excess of 200 nations all through the world. Till now there is no report of any clinically endorsed antiviral medications or immunizations that are successful against COVID-19. It has quickly spread far and wide, presenting huge wellbeing, financial, ecological and social difficulties to the whole human populace. The coronavirus outbreak is seriously disturbing the worldwide economy. In essence, all countries are battling to hinder the transmission of the malady by testing patients, isolating presumed people through contact following, limiting huge social affairs, keeping up total or incomplete lock down and so forth. 

Aside from COVID-19, the human progress has seen in any event five pandemics in the present century, for example H1N1 in 2009, polio in 2014, Ebola (out broke in West Africa in 2014), Zika (2016) and Ebola (Democratic Republic of Congo in 2019). In this way COVID-19 outbreak has been pronounced as the 6th pandemic of universal worry on 30 Jan 2020 by the WHO. These overall outbreaks set off an enormous number of fatalities, morbidities, and cost billions of dollars (Allocati et al., 2016; Fan et al., 2019). Contrasted with different illnesses and their particular weights, COVID-19 is probably going to cause so a lot or more prominent human enduring than different infectious maladies in the entire world. 


CAUSE OF THE COVID-19 PANDEMIC
The outbreak of the new coronavirus contamination, COVID-19 was started from the the Hunan seafood market in Wuhan city of China in December 2019, and within a couple of months it has become a global health emergency. Live creatures like bat, frog, snake, winged animal, marmot and rabbit are much of the time sold at the Hunan sea food market (Wang et al., 2020b). Genomic examination uncovered that SARS-CoV-2 is phylogenetically related to severe acute respiratory syndrome-like (SARS-like) bat viruses, bats could therefore be the possible primary source. Although the intermediate source of origin and transfer to humans is not clearly known, the rapid human to human spreading capability of this virus has been established.. According to the most recent update of WHO on 18 April 2020, the outbreak of COVID-19 had spread in excess of 200 nations. Around 146,198 individuals had passed on in the wake of getting the respiratory infection out of almost 2,164,111 affirmed cases, while in excess of 402,989 individuals have recuperated from the illness. These numbers are evolving quickly. 


More than 200 nations have revealed affirmed COVID-19 cases, including China, Italy, Iran, USA, Sweden, France, Australia, Spain, UK and so on. Subsequent to hitting China in January 2020, COVID-19 seriously out broke in nations like South Korea, Iran, and Italy in late February and early March, 2020. To the extent the quantity of COVID contaminated patients is concerned, USA is at the highest priority on the rundown followed by Spain. In USA, in excess of 30,000 individuals passed on of this malady. The primary affirmed case in Nigeria was reported on 27 February 2020, when an Italian resident in Lagos tried positive for the infection, brought about by SARS-CoV-2. On 9 March 2020, a second instance of the infection was accounted for in Ewekoro, Ogun State, a Nigerian resident who had contact with the Italian resident. So far starting at 3 June 202, Nigeria has recorded 11,166 instances of the coronavirus. 


EFFECTS OF THE COVID-19 PANDEMIC
The outbreak of the Covid-19 pandemic everywhere throughout the world has upset the political, social, monetary, strict and money related structures of the entire world. Loss of lives because of any pandemic makes unequivocal unrecoverable harm the general public. However, aside from this, COVID-19 has seriously retired the worldwide economy. So as to confine further transmission of the ailment in the network, a significant number of the influenced nations have chosen to experience total lock down. Significant universal flights and furthermore a wide range of business transports have been conceded in the midst of various nations. Because of lockdown every single household flight, transport, truck, and vehicles transports are suspended with extraordinary exclusion to those related with fundamental items. In practically all the COVID-19 stricken nations, whole instructive, business, sports and otherworldly foundations are shut. Businesses are enduring a great deal the same number of these aside from those identified with basic enhancements, are shut for quite a while in numerous nations. Individuals having a place with the tourism and transportation industry are likewise confronting most extreme challenges. Creation level has gone extremely low. Economy of numerous alleged amazing nations are currently confronting the danger of high expansion and expanding joblessness because of absence of profitability and over the top consumption for the treatment and recovery of the COVID-19 casualties and their families (OECD Interim Economic Assessment, 2 March 2020). Lockdown will legitimately influence the GDP of every nation in the significant financial aspects. For every month there will be a surmised loss of 2% focuses in yearly GDP development. 

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The tourism segment alone faces a yield decline as high as half to 70%. As per World Trade Organization (WTO) and Organization for Economic Cooperation and Development (OECD) have shown COVID-19 pandemic as the biggest danger to worldwide economy since the money related crisis of 2008โ€“2009. A portion of the specialists are in any event, saying that human progress has not confronted such a remarkable crisis after the World War-II. Along these lines, COVID-19 has without a doubt advanced an astoundingly awful impact on the everyday existence of the whole human culture and furthermore on the world economy.
RECOVERY PATHWAYS TO THE COVID-19 PANDEMIC
COVID-19 recovery pathway will start with slow facilitating of the supply-chain interruptions over all borders. The conditions for facilitating will rely upon the evolution of COVID-19 inside the nation. As we contain COVID-19, it might be valuable to expand on existing cross border cooperation endeavors, for example, COVID-19 reconnaissance to compose recovery structures and actions.
The next recovery pathway will be identifying with organizations that have taken on the job to deliver merchandise and enterprises that would somehow have been imported. This is surely a basic one since this is at the core of quickening industrialization and assembling. The world economy isn’t relied upon to completely recoup until mid 2022. It is a chance to rapidly expel any strategy bottlenecks and bolster such organizations to take a solid footing. 


Further recovery pathway will identify with organizations that couldn’t work either because of limited developments or because of a call for social removing. These are fundamentally individual to-individual organizations. Business banks and loaning foundations will be useful with better terms. The expense of acquiring for such organizations should be inspected further to guarantee it doesn’t sink these organizations further as they attempt to recoup.
Basically, COVID-19 recovery pathway won’t simply be facilitating of the supply disturbances, it will make new chances of doing things another way. Together, these will guarantee that the general public recuperates quicker and works back better. 


LESSONS LEARNT FROM THE COVID-19 PANDEMIC
We are currently in the midst of a worldwide trial that has changed our lives beyond recognition. Billions of individuals are in lockdown, unfit to visit each other, incapable go to work, incapable to go to class, unfit to meet each other out in the open spots. The Coronavirus have given us how awful it truly is to squander our lives, entangled in unlimited fights for riches and status and influence. The Covid-19 pandemic shows to us the estimation of opportunity โ€“ the opportunity to move, to be with those we love, to live in pride and security โ€“ for ourselves and for everyone around us, from our friends and family to the outcasts and the discouraged. 


Most importantly, it shows us the significance of perceiving the genuine reason for every one of our organizations and economies, our ideological groups and governments, our neighborhood municipal affiliations and our worldwide associations, our shows and philosophies, and all our different frameworks: to be specific, to fill human needs and needs. Covid-19 features the requirement for cautiousness, for new stories and transformed administration organizations. 


CONCLUSION 


COVID-19 is a worldwide danger that requires a worldwide reaction including all nations. Governments ought to be answerable for giving definite data to help the open face this novel contamination. To diminish the harm associated with COVID-19, general wellbeing and contamination control actions are quickly important to restrict the worldwide spread of the virus.


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