Foreign Policy publishes a forecast of after live of pandemic from economists and historian. In general Covid-19 pandemic disaster has the similar impact of a World War, may be even worse than that.

What it needs aftermath is a group of great minds to establish a new world order both politically and economically. The efforts could be more difficult than establishing the United Nations.

I am not advocating to abolish the United Nations. But it needs overhaul. The permanent members of the security council is a bad system. It gives too much power to five countries while most of them are not responsible and honest.

The bottomline is that we need to have a system which can win trust of all members. It has to be a level-playing field to all stakeholders, not just a few irresponsible giants. The give and take have to be fair.

How the Economy Will Look After the Coronavirus Pandemic

The pandemic will change the economic and financial order forever. We asked nine leading global thinkers for their predictions.

By Joseph E. Stiglitz, Robert J. Shiller, Gita Gopinath, Carmen M. Reinhart, Adam Posen, Eswar Prasad, Adam Tooze, Laura D’Andrea Tyson, Kishore Mahbubani

April 15, 2020, 5:10 PM

https://foreignpolicy.com/2020/04/15/how-the-economy-will-look-after-the-coronavirus-pandemic/