Denmark`s government financial aid programme has been hailed as a world model
A global pandemic of the new coronavirus has had an unprecedented impact on the world`s economic, and countries around the world have implemented a series of measures to combat the epidemic, including border closures and social isolation, as well as financial interventions to stabilize markets.
While managing the losses of the epidemic in response to the global public health crisis, some economics have begun to assess which countries have the fastest and best economic to recover after the epidemic is under control.
the global resilience index ,2019, conducted by the global insurance company FM Global, assessed the economic constitution and resilience of 130 countries worldwide. the comprehensive assessment conditions include political stability, business management, risk control, supply chain and transparency in one country.
With the above-mentioned global resilience index, combined with the response measures taken by countries following the outbreak of the new coronavirus, we believe that the following five countries have a great chance of maintaining stability and recovering well in this global pandemic crisis.
Global resilience index 2019(top 10)
1. Norway
2. Denmark
3. Switzerland
4. Germany
5. Finland
6. Sweden
7. Luxembourg
8. Austria
9. USA
10. United Kingdom
Denmark (国名, 位于北欧)
Denmark ranked second in the global resilience index, mainly due to low government corruption, supply chain stability and other factors. Denmark`s social isolation response to the epidemic was swift, with schools closed on 11 March and borders closed on 14 March when only a few cases were diagnosed.
Mr. christianson (Rasmus Aarup Christiansen), who works at the copenhagen travel agency, said he was suspicious of the government`s response at first, and followed up with many countries before he felt the decision was right.
The Danish people are willing to believe in government, unity, and this national culture also helps to improve the effectiveness of government measures to combat the epidemic. The Danish & quot;samfundssind'"(referring to citizen awareness or citizen responsibility) is now a media buzzword, says Christianson, and most people feel the moral responsibility of sacrificing individuals for overall social public health.
But even countries like Denmark face challenges. Kristiansen`s travel company has plummeted, although the danish government announced a financial aid programme as early as march 14 to pay 90% of hourly workers salary ,75% of the rest salary, but the regulations and funds are still not fully implemented.
Nevertheless, the financial interventions of the Danish government are still hailed as a global model, government are equivalent to freezing economic, unfreezing when the crisis is over, but at considerable cost, they are estimated to cost 13 per cent of the country`s GDP.
Singapore
Singapore, ranked 21st in the global resilience index, has strong economic, solid infrastructure, low government corruption and low political risk. Singapore is also one of the countries that responded quickly to the outbreak to avoid the number of confirmed outbreaks.
Ms. chen, who works at Konigle, a singapore-based data analysis platform, says singapore`s government measures and decisions to combat the epidemic are transparent and trusted. quot; government basically responsible for implementation and we follow government policy. quot;&
Still, some people are unruly. According to media reports, Singapore government confiscated passports and work permits for some people because they did not comply with the relevant segregation regulations.
`Singaporeans work together as a whole and do n` t need to worry about social unrest, economic getting out of control or killing the streets ,` Ms. Chen said.
Singapore`s small size depends on the resilience of the rest of the world to recover well after the crisis has ended, but Singaporeans are generally optimistic about the future.
America
America`s economic power is unquestionably low, its business environment is risky, its supply chain is strong and robust, and its overall resilience is good, despite its vast territory and diverse regional realities.
New York such big international cities have also been hit hardest by the epidemic, with already high unemployment rates, measures to seal the city have undoubtedly added to the burden, particularly in restaurants, retail and other physical industries that rely on customers to shop.
The U.S. government`s stimulus economic program, which involves different social isolation measures in different regions, should ease overall losses and help economic recover quickly.
Some business advisers and analysts may be slightly more conservative, but still optimistic overall, as financial institutions such as Goldman Sachs (Goldman Sachs) and Morgan Stanley (Morgan Stanley) forecast a & quot;V & quot; rapid recession and recovery in the wake of the epidemic.
The United States economic accounts for nearly a quarter of the global economic and has an important influence on the world economic, and the degree of recovery of the global economic depends on the degree of recovery of the United States.
Sims (Eric Sims), professor of economics at the University of Virgin Mary (University of Notre Dame) in the United States, said the U.S. economic had relatively better post-traumatic resilience than the rest of the world, with an average younger population, less labour market restrictions, and more room for the Federal Reserve to mobilize money than other countries central banks.
The U.S. government proposes to divide the country into different regions according to the severity of the epidemic, so that parts of the country can economic move normally and will boost the overall recovery of the U.S. economic in the future. This will help economic future recovery in the United States, said Peter C Earle, a researcher at the American Institute of economic Research.
Rwanda (国名, 在东非内陆)
A lot of people may not think that the African country, Rwanda, can survive and recover economic, but in fact, Rwanda is in the dominant position in this wave of epidemics.
Rwanda has improved economic environment in recent years, ranking 77th on the global resilience index, up 35 places and fourth highest in Africa.
At the same time, the Ebola outbreak in 2019 in neighbouring Democratic Republic of the Congo, Rwanda successfully blocked the virus outside the border, such a successful epidemic prevention experience has helped Rwanda to resist the new coronavirus.
Rwanda`s health-care system, which is not an international leader, is not lagging behind regional countries, with uav drug delivery services, body temperature measurement at the border, and epidemic prevention measures ahead of countries in africa.
Rwanda is also the first country in sub-Saharan Africa to block the national borders and has begun to deliver food to vulnerable groups throughout the country.
Chen (Garnett Achieng), a student from kenya to rwanda, says many foreign students remain in rwanda because they feel that rwanda is handling the epidemic better than their own. & quot; only sad is that the family in their hometown is facing a worse situation than ours. quot;&
While the international tourism industry has been hit hard, he believes that the death rate of this wave of outbreaks in Rwanda will remain relatively low, economic can recover quickly.
New Zealand ranks 12th on the global resilience index, responding quickly to the outbreak, closing the border on 19 March and closing the city on 25 March to prohibit unnecessary travel.
Oakland residents, economics Ikbo (Shamubeel Eaqub) said New Zealand is an island country, controlling the border to block the virus into relatively easy. Compared to other countries, New Zealand`s response has been bold and decisive, the blockade has proved effective, and infectious disease scientists believe that New Zealand is one of the few countries & quot; whose lives are still normal & quot;.
As tourism and exports were affected by the epidemic, New Zealand economic suffered in the short term, but in the long run it was not a bad thing. boer (Ron Bull) of the Otago Institute of Technology (Otago Polytechnic) said that people have begun to talk about the environmental benefits of tourism reduction, and the epidemic has led people to rethink what is most important.
As a whole, New Zealand`s steady recovery has gained momentum, with low government debt and QE maintaining low interest rates. New zealanders have high trust in government and a solid foundation for recovery from major health economic crises, ikbo said.
ble also believes that New Zealand can recover steadily from the epidemic & quot; like a family, now we have a chance to sit down and solve problems together like a big family. quot;&
