The implications of the world systems theory, proposed by Immanuel Wallerstein, can be seen in the influence of the coronavirus on the economy of each state affected by the virus. The author asserts that while the virus has heavily impacted the rich core states, they are still better off as compared to the developing and underdeveloped states. She explains that the pandemic has made the North-South divide even more apparent; it has made it clear that the world cannot have a unified economy.
The informal economy of Pakistan has increasingly complemented the formal sector, but the lack of capital and expertise are the main obstacles that persist. Hence, the government should take decisive measures in repairing these economic and fiscal anomalies.
Pandemics are unwelcome guests that always overstay their visits. However, nature works in paradoxical ways — and sometimes sends a blessing in disguise. In this case, the coronavirus pandemic has noticeably stimulated the environment to regenerate itself.
With the culmination of the U.S. elections, the ineluctable civil war seems like a reasonably credible follow-up to the grim developments of 2020. America might not even get to experience the calm that is before the storm.
The 2020 U.S. Presidential election is here, and the results are greatly anticipated, with Covid-19 becoming an influential consideration. The results of this election would most probably determine the fate of America’s democracy.
This paper analyses the impact of the coronavirus on trade, GDP growth, and the textile industry of Pakistan. It concludes that the textile industry of Pakistan has suffered a reduction in its production because of the decline in trade due to the coronavirus.
Coronavirus, like every other pandemic, has acutely impacted migration patterns. The adoption of containment measures and border closures in almost every continent has further endangered the safety of migrants — and has left them in limbo. In Hungary and U.S., for example, there is growing resentment and discrimination towards immigrants as they are viewed as carriers of the virus.