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RCAPS Report “Inflicted Costs of Covid-19 and Some Emerging Global Issues”
On January 14, RCAPS welcomed Professor BARAI Munim Kumar from APU to deliver a RCAPS Current Research Seminar entitled “Inflicted Costs of Covid-19 and Some Emerging Global Issues.”
Professor BARAI Munim Kumar
Professor SWAPAN Kumar Bala
Professor KOO Chung Mo
[Report by Professor BARAI Munim Kumar as the seminar organizer]
The presentation on “Inflicted Costs of Covid-19 and Some Emerging Global Issues” covered Covid-19 and its human, economic and social costs at the global level. The paper opined that the disease's lingering period would determine the damage to communities and nations worldwide. Moreover, it covered various economic and strategic issues that are likely to affect the global order per se profoundly. These include the possibility of a worldwide recession turning into a great depression, effort to reduce the overdependence on China for the functioning of a global supply chain, attempt to revert globalization and reshaping of industrialization policy, the possibility of a resurgent China’s state-centric national and international governance model vs. the West led rule-based global order where democracy and capitalism form the core and so on. The paper suggested that the post-Covid-19 world will not be the same as before the disease infected us.
A total of 29 participants from APU and outside participated in the Webinar. They included undergraduate and graduate students, Professors, and Academics from Japan, Taiwan, the USA, Australia, India, and Bangladesh. The seminar ended with a Q&A and discussion session by various participants.
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