April 25, 2020
Singapore Minister of Trade and Industry Chen Zhensheng pointed out in an interview with Bloomberg the day before yesterday that due to the shock of the 2019 coronary virus disease epidemic in the global spread, the Singapore economy decline this year is likely to be greater than expected a month ago.The government's atrophy last month was 1%to 4%.
In fact, the impact of crown diseases on developed economies such as European countries, the United States, China, and Japan is also beyond imagination.The World Health Organization pointed out that despite the increasingly stable crown disease in most parts of Western Europe, the situation in Africa, Central South America and Eastern Europe is worrying, and there is still a long way to go globally.Most countries are actually in the early stages of response to crown diseases. Some countries originally thought that the epidemic had been controlled, but it had a rebound.
Therefore, in fact, the international community is actually facing two major challenges at the same time. One is how to control the spread of the epidemic, and the other is how to avoid serious recession of the world economy.Unfortunately, how to deal with these two issues, countries around the world have no consensus, and even reveal the differences between multilateral cooperation and unilateralism.Due to the different pace of countries, the results of the two collectives may be caused. One is that the epidemic is more difficult to control and possibly worsen, and the other is that the world economy will be severely hit.
The differences of different countries reflect all kinds of profound and difficult reconciliation contradictions, such as the fierce competition and game of the United States and China, the tension between the two forces of globalization and globalization, and the epidemic promoting countries to the global supply chain, industrial chain,Received the distribution of labor and capital.All this indicates that the world economy after the epidemic cannot be restored.Therefore, countries such as Singapore depend on the survival of the world market and free trade must be planned early and act as soon as possible.
At the beginning of this month (April 2), the 74th UN General Assembly passed a resolution entitled global cooperation to defeat the new crown epidemic, emphasizing that the crown disease epidemic had a huge negative impact on human society, and called on the international community to strengthen cooperation and jointly defeat the epidemic.This is a good start.
This is the first relevant resolution since the outbreak of the crown disease. The resolution proposed that Singapore, Switzerland, Norway, Indonesia, Liechtenstein, and Ghana have the same situations, which are concerned about small and medium -sized countries.The proposal obtained the approval of 188 countries among the 193 United Nations member states, which also shows that most countries still have consensus on multilateral cooperation.The resolution support is multilateral cooperation, global response, and at the same time, it is emphasized that the epidemic should eliminate various forms of discrimination, racism, and emotions.
This resolution is of great significance for maintaining and promoting the mechanism of world -edge -based cooperation.Since multilateral cooperation must be carried out in resistance to immunity.In the face of the extremely severe economic situation at present, in addition to managing self -rescue, such as the introduction of various economic assistance measures and supporting facilities, it must also do its best to continue to communicate with each other through the special arrangements of various crisis periods and support each other.Only in this way can we prevent the world economy from losing each other due to the response of the epidemic in various countries and suffering unnecessary harm.
In this regard, the direction of the Singapore Ministry of Trade and Industry is correct.After the epidemic, Singapore and Malaysia quickly reached special cargo transportation clearance arrangements.In addition, Singapore has the same consensus with China, New Zealand, Australia, Brunei, Canada, Chile, Myanmar, China and other countries. It is necessary to ensure that under the spread of the epidemic, even if the flow restrictions are used, it will continue to maintain trade and logistics.
It is based on this spirit of cooperation and flexible arrangements that Singapore and New Zealand have maintained the smooth flow of logistics transportation.A few days ago, the first batch of necessary materials since blocking measures, including beef, lamb, etc., arrived from New Zealand.Following the meat, New Zealand will also supply foods such as fruits and eggs for Singapore.Singapore will assist the New Zealanders to return to China and help the purchasing medical items.The cooperation between Xinma and Xinxin under the epidemic of the epidemic can be a demonstration of good economic and trade relations as countries to respond to viruses.
The impact of the crown epidemic on the world economy is far greater than the financial crisis in 2007-08, and it will inevitably change the entire world economic pattern.After suffering such a heavy blow, it may take a longer time to restore the vitality of the world economy, which means that the world market will not be able to restore the original supply and demand balance in a short time.Therefore, like -minded countries must start action now to avoid excessive blood loss in the world economy, difficult to recover, and more people to live a bit bitter life.The decline may be difficult to avoid, but the degree of reducing the decline should be achieved through the timely and dedicated efforts of various countries.
