To begin I am grateful to the people who have been here to to support and just being survive in this pandemic have a lot to thankful for. However, with the continue fighting this virus more than a year by now, we have to look for ways to go on with our daily life. To move forward as an individual and as part of the organization, I have to look ahead what lies beyond the pandemic.
Which raises the inevitable question: Where do we go from here? How will we cope with a pandemic that’s still raging, as well as its eventual aftermath?
The impact of COVID-related measures is likely to accelerate already established trends, such as de-globalisation, automation and sustainability and reverse decade-long trends, such as international mobility and urbanization.
Health fears over close human contact and global travel, combined with concerns about the secure supply of essential goods and services, are likely to change the way people, businesses and economies behave.
Research analysts offer their insights into four key trends that may come to exemplify the re-shaped global economy – everything from trade to how and where people will live and work in the coming years.
In the midst of a crisis such as the current pandemic, it is extremely difficult to predict which changes will become permanent and which will quickly be forgotten. However, a post-COVID world is likely to see the global economy become less integrated as a result of trade barriers, re-shoring of supply chains, and reduced labour migration and foreign direct investment. These changes are likely to have macroeconomic implications, global business cycles could become less synchronized, while growth and inflation could become more volatile again. Only time will tell how it will play out.
For us at APPI, we are going to adapt with all of the above in mind and to streamline the operation. Refocus on what UN economic council has set out the long term plan into 2030 (see below chart) for what the economic trends will be. Which is exactly APPI will invest time and effort in contributing the healthy living communities, for the people well being in their basic needs of shelter and food.