Coronavirus is without a doubt an economic, health and sociological crisis for the world.
According to Yuval Noah Harari (March 15, 2020) the coronavirus will create a slowdown in Chinese demand for goods driven by an economic slowdown, that will of course impact countries like Brazil, Chile, Peru, Argentina, Colombia and Ecuador. This is one of the many reason why the International Monetary Fund, warns that the growth of the world economy, estimated at 3.3% for this year, could be cut between 0.1% and 0.2% due to coronavirus.
The global threat of coronavirus has tested the capacity of solidarity and empathy from citizens. Compulsive buyers are criticized because they are not respecting confinement thus promoting the spread of the virus. The lessons that covid-19 has left us with are that health is not just an individual factor, instead is something that everyone must manage, it is a collective issue that deserves immediate social response from public services around the world. Another lesson is that when comparing the results of China or Cuba, which have already controlled the virus locally, against those of the United States or Italy, it is identified that the authoritarian regimes, are those that have obtained better results because they have greater social control and people are naturally obedient to the suppression of their individual liberties.
The most important modification that I imagine coronavirus will generate in society and in geopolitical relations is that emerging markets will be favor over developed countries. Globalization has helped reduce poverty, but it has also facilitated the spread of pandemics. What creates the doubt that if the rapid growth of cities and the proximity between them, is something beneficial for society. Since coronavirus has basically caused the worsening of human health, the closing of borders, the fall of the stock markets, quarantines and millions in losses for the United States this probably means that in the geopolitical level, nationalist prejudices would affect the rivalry between this nation and China.