COVID-19 AND CHALLENGES TO ECONOMIC MODELS AND POLITICAL REGIMES

Year 2021, Volume: 4 Issue: 1, 98 - 115, 20.06.2021

Huzaifa Shaikh Osama Shaikh

Abstract

The Covid-19 pandemic has unfolded at a time when different countries with different economic & political structures were moving towards their already set challenging goals. The vast hit of the pandemic not only left major advanced economies unconscious of the solution but also obliterated the very pace of developing nations. The decisive parameter in dealing with the contagion has irrefutably been the different forms of economies and regimes. This essay is divided into three parts. In first, we thoroughly discuss the effect of the contagion on capitalistic and socialistic economies distinctly. In second, we estimate and analyze the effects of Lockdown 2020 on the South Asian Countries’ economy and compare the Lockdown 2020 economic crisis with the Global Financial Crisis of 2008. Along the same lines, we also estimate, analyze, and discuss the current and future economic trends in South Asian countries during Lockdown 2020. Moreover, this essay also unfolds the preparedness and reaction of different economies and critically analyze the remedial measures such as bailout packages, taken by various developed and developing countries to minimize the economic toll due to covid-19 pandemic. However, in the third section, we critically evaluate the relationship between the Coronavirus and different regimes and the responses of different governances specifically, democratic, and authoritarian to the covid-19 pandemic.

Keywords

Covid-19, Capitalism, Socialism, Democracy, Authoritarianism, Economic Growth

Supporting Institution

Ankara Yildirim Beyazit University

Project Number

3

Thanks

Dear Editor, I hope you are doing well. I am writing this description about the research article on Covid-19 which I am submitting it in your Journal. If there is any suggestions or corrections your expertise want to add or remove into my research, I would be glad to oblige. Thanking You

COVID-19 VE EKONOMİK MODELLERE VE SİYASİ REJİMLERE KARŞI ZORLUKLAR

Abstract

Covid-19 salgını, farklı ekonomik ve siyasi yapılara sahip farklı ülkelerin zaten belirlenmiş zorlu hedeflerine doğru ilerlediği bir dönemde ortaya çıktı. Salgının büyük darbesi sadece
büyük gelişmiş ekonomileri çözüm konusunda bilinçsiz bırakmakla kalmadı, aynı zamanda gelişmekte olan ülkelerin hızını da yok etti. Bulaşıcılıkla başa çıkmada belirleyici parametre,
ekonomilerin ve rejimlerin farklı biçimleri olmuştur. Bu makale üç bölüme ayrılmıştır. İlk olarak, bulaşıcılığın kapitalist ve sosyalist ekonomiler üzerindeki etkisini açıkça tartışıyoruz.
İkinci olarak, Lockdown 2020'nin Güney Asya Ülkeleri ekonomisi üzerindeki etkilerini tahmin ediyor ve analiz ediyor ve Lockdown 2020 ekonomik krizini 2008 Küresel Finansal Krizi ile karşılaştırıyoruz. Aynı hatlar boyunca, Lockdown 2020 sırasında Güney Asya ülkelerindeki mevcut ve gelecekteki ekonomik eğilimleri de tahmin ediyor, analiz ediyor ve tartışıyoruz. Dahası, bu makale aynı zamanda farklı ekonomilerin hazırlığını ve tepkisini ortaya çıkarmak ve covid-19 salgını nedeniyle ekonomik bedeli en aza indirmek için çeşitli gelişmiş ve gelişmekte olan ülkeler tarafından alınan kurtarma paketleri gibi iyileştirici önlemleri eleştirel bir şekilde analiz ediyor. Bununla birlikte, üçüncü bölümde, Koronavirüs ve farklı rejimler arasındaki ilişkiyi ve farklı yönetimlerin covid-19 salgınına özellikle, demokratik ve otoriter tepkilerini eleştirel olarak değerlendiriyoruz.

Keywords

COVID-19, kapitalizm, sosyalizm, demokrasi, otoroterlik, ekonomik büyüme, küresel finansal kriz, güney asya

Project Number

3

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