The line between “developed” and “developing” economies has become extremely blurred. Does it make sense to divide the world into two parts, one of which is considered superior to the other?
the different responses to the epidemic have caused this issue to attract much attention. In terms of per capita GDP, technology and culture, annual patent applications, university graduation rate and other aspects, some of the most advanced countries in the world can not establish a passable new coronavirus detection plan, while much smaller countries have built advanced detection platforms almost overnight. Why?
at a time when American politicians are at a standoff over emergency unemployment benefits and one-off stimulus measures, some Asian countries have used government funds to ensure that unemployment rates do not soar.
Indian writer Pankaj Mishra wrote in the London Book review that the epidemic revealed that “the early winners of modern history now seem to be the biggest losers of the epidemic, their political systems have lost legitimacy, their economies have been extremely distorted, and their social contracts have been destroyed.”.
when the non Western world, which accounts for 85% of the population, looks forward to the future with hope and ambition, the west stands at the crossroads in the mire. Will a country like the United States continue on the road of demagogues and decline, or will it completely transform its society and economy to support the declining prospects of the poor and the working class? The new outbreak raises this issue.
the epidemic has exposed deep cracks in the well-being of ordinary Americans. In the world’s richest countries, citizens somehow do not have the human right to health care.
at the same time, differences in rights and obligations between the Federation and the states are detrimental to the country and the people in the crisis. What happens when the constitution becomes an obstacle to prudent policy? Instead of recognizing the shortcomings of profound reform, however, politicians argued over the running out of temporary aid.
if we start thinking about the post epidemic world, it’s obviously not just about the economy. Of course, the West will continue to have enormous economic power. Yes, even in the United States. But our understanding of the state of the world must change.
the framework of developed and developing countries in the 20th century no longer works. Consider, for example, Abu Dhabi’s meticulous response to the outbreak, and a series of chaotic and indecisive practices in the UK, by contrast. Can we continue to pretend that the latter is a “developed” country, while the former is a “developing” fraternity?
with the development of the West turning inward and fighting against decades of inequality, a new alliance is forming in the 85% world, which will determine the future knowledge economy. New centers of economic activity such as Dubai and Singapore will be New York and London for this generation.
even the development of technology is not divorced from these changes. Although Silicon Valley may still control the technology industry, new platforms and products from 85% of the world are already competing for the global market.
the epidemic shows how the west is at war with itself when it comes to efficient government. Efficient governance is no longer synonymous with the West. Many countries in the Middle East and Asia are taking better care of their citizens. Income inequality is bound to increase in North America and Europe.
whether in terms of economic, social or political standards, the dividing line between developed and developing countries is now meaningless. Of course, this transformation began many years ago, and the new epidemic situation only makes us pay attention to it.