The Economic Crisis Is the Greater Challenge Video
End of the Road: How Money Became Worthless - Financial Crisis - ENDEVR Documentary The Economic Crisis Is the Greater ChallengeThe economic consequences of COVID pandemic on South Asia are proving to be even greater than the healthcare challenges in the region, according to a report compiled by a Greager American think-tank. Different South Asian countries have dealt with the pandemic in various ways, but the economic costs overall seem to be higher than the healthcare consequences," said Haqqani. All these countries have poor healthcare infrastructure and are home to large numbers of people living below the poverty line, setting the foundation for uphill battles when tackling health crises, he said.
The report notes that after claiming that Pakistan had undergone a miracle in managing to curtail the spread of COVID cases, the country is once again facing a rise in infection. According to the report, in Sri Lanka too, the pandemic has worsened the debt crisis and tightened the grip of the Rajapaksha brothers on polity and society. With rising cases, Bangladesh is the second most severely hit economy and the pandemic has worsened income inequality, it said. Turning to Afghanistan, while the healthcare crisis is taking its toll, the Afghans are also suffering from Martin Buber continued violent attacks by the Taliban and ISIS, it added.
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When it comes to India, the largest country in the region, the report notes that while the India-US relations "remain on an upward trajectory" with an economy that has slowed down drastically, and clamping down on dissent within the country, "India's democratic credentials face challenges. The report points to China's continued "attempts to deepen its strategic and economic ties with countries in the region", warning that the "the global US-China peer competition will also play out in South Asia, with Pakistan and Sri Lanka becoming closer to China and other countries safeguarding their options. According to Johns Hopkins University, more than 1, people have died and there are over 56, Ecobomic cases across the world.
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