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Seatwork in Great Books 1

The document discusses the COVID-19 pandemic and its economic impacts. It summarizes research finding that more globalized countries implemented international travel restrictions earlier in response to the pandemic. However, highly globalized countries with strong governments were more cautious about restrictions, likely due to existing agreements and confidence in their ability to handle the virus. The pandemic has caused a major global recession due to supply and demand disruptions. Principles from Sun Tzu's Art of War, such as knowledge, decisiveness, valuing employees, flexibility, and long-term planning, can guide effective responses during the crisis.

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Raljon Silverio
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0% found this document useful (0 votes)
39 views5 pages

Seatwork in Great Books 1

The document discusses the COVID-19 pandemic and its economic impacts. It summarizes research finding that more globalized countries implemented international travel restrictions earlier in response to the pandemic. However, highly globalized countries with strong governments were more cautious about restrictions, likely due to existing agreements and confidence in their ability to handle the virus. The pandemic has caused a major global recession due to supply and demand disruptions. Principles from Sun Tzu's Art of War, such as knowledge, decisiveness, valuing employees, flexibility, and long-term planning, can guide effective responses during the crisis.

Uploaded by

Raljon Silverio
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Political Paper Analysis in Great Books

Coronavirus disease (COVID-19) is an infectious disease caused by the SARS-CoV-2

virus. The virus can spread from an infected person’s mouth or nose in small liquid particles

when they cough, sneeze, speak, sing or breathe. These particles range from larger respiratory

droplets to smaller aerosols. It is important to practice respiratory etiquette, for example by

coughing into a flexed elbow, and to stay home and self-isolate until you recover if you feel

unwell. These disease pandemic has spread with alarming speed, infecting millions and bringing

economic activity to a near-standstill as countries imposed tight restrictions on movement to halt

the spread of the virus. As health and human suffering increase, economic damage is already

apparent and it is simultaneously disrupting the supply and demand of the interconnected world

economy like a no other global shock. On the supply side, infectious diseases are reducing labor

supply and productivity, while blockages, business closures and social distances are also causing

supply disruptions. On the demand side, household consumption and corporate investment are

declining due to layoffs, income losses, and worsening economic outlook. The intense

uncertainty about the path, duration, magnitude, and effect of the pandemic ought to pose a

vicious cycle of dampening commercial enterprise and consumer self-belief and tightening

economic conditions, that can cause task losses and investment. In June 2020 Global Economic

Prospects describes both the instant and near-time period outlook for the effect of the pandemic

and the long-time period harm it has dealt to possibilities for growth. The baseline forecast

envisions a 5.2 percentage contraction in international GDP in 2020, the use of marketplace

exchange weights—the deepest global recession in decades, no matter the great efforts of

governments to counter the downturn with economic and financial coverage support.
In a research paper (Bickley, S.J. et al. 2021), they analyzed data on international travel

restrictions in response to COVID-19 of 185 countries from January to October 2020. We

applied time-to-event analysis to examine the relationship between globalization and the timing

of travel restrictions implementation. Thus, the result of the research they conducted suggest that,

in general, more globalized countries, accounting for the country-specific timing of the virus

outbreak and other factors, are more likely to adopt international travel restrictions policies.

However, countries with high government effectiveness and globalization were more cautious in

implementing travel restrictions, particularly if through formal political and trade policy

integration. This finding is supported by a placebo analysis of domestic NPIs, where such a

relationship is absent. Additionally, we find that globalized countries with high state capacity are

more likely to have higher numbers of confirmed cases by the time a first restriction policy

measure was taken.

Concluded, the findings spotlight the dynamic courting among globalization and

protectionism whilst governments respond to significant global events such as a public health

crisis. It endorses that the found warning of coverage implementation via way of means of

nations with high government efficiency and globalization is a derivative of dedication to current

alternate agreements, a more preference to `study from others` and additionally possibly of

`confidence` in a government’s ability to cope with a virus thru its fitness gadget and country

capacity.

In relation to the topic “Art of War’ by Sun Tzu, the different principles in the text apply

during this time of pandemic. First, know the facts, it is important that we educate ourselves.

This means going beyond just watching the TV news, we should choose the information sources

that we trust to educate ourselves and read into the subject. It relates to Sun Tzu’s “If you know
the enemy and know yourself, you need not fear the result of a hundred battles. If you know

yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know

neither the enemy nor yourself, you will succumb in every battle.” Second, leaders should be

decisive, because decisiveness is the ability to make clear-cut and timely decisions with the

appropriate information. During a crisis, decisiveness is key for the effective execution of plans

and the achievement of goals. The worst decision is no decision.

Third, Colleagues/employees/workers are assets, leaders in the governments or

companies should ensure that they have clear business protocols or guiding principles in place

and fine tune them as necessary. Work-from-home is only the first step. This third application

relates to Sun Tzu’s “Treat your men as you would your own beloved sons. And they will follow

you into the deepest valley.” Fourth, flexibility and adaptability, there must be a sense of

recognition that things are changing rapidly. Today’s realities are quite different so be flexible

and be willing to make difficult choices. Read up on the macroeconomic implications for

different business/industry/sector, so that they can make better decisions. And this relates to Sun

Tzu’s “Just as water adapts itself to the conformation of the ground, so in war one must be

flexible; one must adapt his tactics to the enemy’s situation”.

Lastly, think longer term, sketch out plans that are as detailed as possible for the longer-

term (at least through to the end of the third Quarter). Recognize that much will change, but at

the same time be extremely focused on your game-plan. Things are changing at an incredible

rate. Put together a tactical set of steps for this new way of working. Think strategically, conduct

(and re-conduct) scenario planning—Plans B, C, and D, think about what can be stopped

completely for now, what can we do more of and what can be brought forward or pushed out—
and be willing to adapt quickly. And this last application relates to Sun Tzu’s “Strategy without

tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. ...”.

References:

Bickley, S. J. et al. (2021, May 20). How does globalization affect COVID-19 responses? -

Globalization and Health. BioMed Central.

https://globalizationandhealth.biomedcentral.com/articles/10.1186/s12992-021-00677-

5#citeas

Chudik, A. et al. (2020, October 19). Economic consequences of Covid-19: A multi-country

analysis. VOX, CEPR Policy Portal. https://voxeu.org/article/economic-consequences-

covid-19-multi-country-analysis

Coronavirus. (2020, January 10). World Health Organization. https://www.who.int/health-

topics/coronavirus#tab=tab_1

World Bank Group. (2020, June 8). The Global Economic Outlook During the COVID-19

Pandemic: A Changed World. World Bank.

https://www.worldbank.org/en/news/feature/2020/06/08/the-global-economic-outlook-

during-the-covid-19-pandemic-a-changed-world

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