impect of covid19 on socio economic development. essay type
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Answer:
The outbreak of coronavirus disease 2019 (COVID-19) has created a global health crisis that has had a deep impact on the way we perceive our world and our everyday lives. Not only the rate of contagion and patterns of transmission threatens our sense of agency, but the safety measures put in place to contain the spread of the virus also require social distancing by refraining from doing what is inherently human, which is to find solace in the company of others. Within this context of physical threat, social and physical distancing, as well as public alarm, what has been (and can be) the role of the different mass media channels in our lives on individual, social and societal levels?
Mass media have long been recognized as powerful forces shaping how we experience the world and ourselves. This recognition is accompanied by a growing volume of research, that closely follows the footsteps of technological transformations (e.g. radio, movies, television, the internet, mobiles) and the zeitgeist (e.g. cold war, 9/11, climate change) in an attempt to map mass media major impacts on how we perceive ourselves, both as individuals and citizens. Are media (broadcast and digital) still able to convey a sense of unity reaching large audiences, or are messages lost in the noisy crowd of mass self-communication? Do social media provide solace or grounds for misinformation, (de)humanization, and discrimination? Can we harness the flexibility and ubiquity of media technologies to increase the public's adherence to the safety measures suggested by global health organizations to combat the spread of COVID-19? How can different media industries and channels for mass communication promote adaptive responses to foster positive health attitudes and adherence to preventive measures? How media impact the dynamics in the private domain (e.g. strengthen family bonds versus domestic conflict and violence)?
Within this ample framework of complexity, we welcome research addressing media impact and its role during the COVID-19 pandemic, in the following subtopics:
• Effective health communication for the adoption of sustainable preventive measures and curtailing misinformation;
• Public health communication to increase psychological resources and resilience in distinct age groups and socioeconomic conditions;
• Effective strategies for helping individuals in dealing with social and physical distancing;
• Reduction of stigma, prejudice, discrimination, and inequalities.
Type of articles may include Brief Research Report, Community Case Study, Data Report, Original Research, Systematic Review.
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Answer:
The world is grappling with an invisible, deadly enemy, trying to understand how to live with the threat posed by a virus. For some writers, the only way forward is to put pen to paper, trying to conceptualize and document what it feels like to continue living as countries are under lockdown and regular life seems to have ground to a halt.
So as the coronavirus pandemic has stretched around the world, it’s sparked a crop of diary entries and essays that describe how life has changed. Novelists, critics, artists, and journalists have put words to the feelings many are experiencing. The result is a first draft of how we’ll someday remember this time, filled with uncertainty and pain and fear as well as small moments of hope and humanity.
The factor of uncertainty afflicting the economic system and the capacity of decision makers to respond to the shock of the COVID-19 pandemic in a timely and effective manner is significant. A recent study published in VOX (Baker et al 2020), which analyses the U.S. economy, finds that COVID-19 will cause a substantial output contraction. Modelling simulations predict that over half of this contraction will be attributable to COVID-19-induced economic uncertainty with its impact on investment, the business environment, and higher transaction costs. The costs of uncertainty are comparable to those generated by the pandemic itself.
Socio-economic impacts of the COVID-19 crisis
The accelerated spread of COVID-19 has brought the world economy to a standstill. Projections of the potential impacts of the COVID-19 shock on the global economy vary considerably. Yet there is near unanimous consensus that the world economy is facing the most serious challenge of the post-war era due to the sudden halt in economic activity in both advanced and developing countries.
Containment measures are leading to further downward predictions of global GDP growth
In mid-April, the International Monetary Fund (IMF) updated its global growth projections and stressed that the global economy is expected to experience its worst recession since the Great Depression. The WTO’s latest forecasts are even worse, projecting a negative growth rate of nearly 9 per cent for 2020 in the worst-case scenario .Other projections conducted at the beginning of the month were more optimistic, such as that of the United Nations Department of Economic and Social Affairs (UNDESA): in the worst-case scenario, global GDP will contract by up to 1 per cent.
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