Future after the Covid-19 Pandemic
Preparedness and disaster management is a life skill and at the same time, a requirement for all companies. The primary goal of these two elements is to protect vulnerable populations and industries from the impacts of tragedies.
Unfortunately, with all the plans and strategies on risk management, the global Covid-19 pandemic has not only caught the health sector unawares but the economic welfare too.
There were indicators of the disease, and nobody, including the most developed countries and institutions, expected a catastrophe of this magnitude. Consequently, the pandemic has affected various essential industries that act as pillars in the global economy.
The energy industry, financial markets and banking, manufacturing, and consumer spending are the major sectors affected. It is, therefore, essential to analyze the performance of these industries before, and during the pandemic and this will help in the projection of their future positions in the global economy. The impacts of the Covid-19 crisis are huge, and it will take ages for the world to return to normal after its completion.
