Reflections for the consequences and opportunities post COVID-19 Pandemic
In my opinion, it should be noted that Covid’s drama is a two-time world crisis:
Firstly, a sanitary crisis with major health consequences
Secondly, an economic crisis with severe consequences for the economy and poverty in a large part of the population. The second part of the crisis can kill even more people than the pandemic virus.
We are living in a period where big changes will take place, perhaps the greatest changes of modern times. The crisis has catastrophic consequences, but it will also bring radical changes to the economic model, providing opportunities for industry players in Europe and indirectly in Albania.
I would like to bring up the reindustrialization movement in Europe, which is often emphasized at the moment. The Covid-19 brought to light a major weakness in France and Europe:
Lack of local production for basic products such as masks or gloves, and even the basic molecule for paracetamol that is no longer produced and must be imported from China. This deindustrialization originated in the 1980s, with the onset of globalization that intensified in the 1990s and the creation of the post-industrial economic model in Europe.Read More