Bracing for digital economy

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NSTletters Many are now rethinking how the public health systems can be better prepared to face future disruptions. Businesses are revisiting their business models to be more pandemic neutral.

China’s recovery is the first good news for the global economy. The world economy has been going downhill since the spread. Those countries, which earlier dismissed the health risks posed by the virus, are now flocking to China for guidance.

One sector which has also been badly shaken by Covid-19 is education. As a result of the lockdown measures, schools and universities are closed to break the chain of infections. The move is logical since schools and universities are synonymous with large crowds. The education sector therefore has to devise new ways to conduct learning to avoid mass gathering and close contact.

The retail business has also witnessed greater deployment of digitalisation. Housewives, who have been used to the traditional way of buying, now have to learn to shop online. In fact, some big supermarkets are even expanding their drive-through sale to avoid big crowds.

 

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