DIGITAL ACCELERATORS in a Chaotic World
The saying goes— ‘When the US sneezes, the world catches a cold.’ But, of late we have encountered that how COVID-19, with its origin in China, has impacted the whole world. With this new virus (COVID-19), the entire world went topsy-turvy, with millions infected, countries grappling to save their healthcare systems and economy.
Not only from the healthcare perspective, but COVID-19 impacted many nations with shutting down of production lines, plunging domestic consumption. A crucial point to be noted here is that China is both– a major consumer hub and the largest global supplier of goods. As a result, a Coronavirus-like shock can hugely impact the entire world and put it in a fix. In fact, COVID-19 has already hindered many countries’ economic growth.