Browsing: Current Affairs

It may seem paradoxical, but political stability is a prerequisite for the change we need to transition our economy to one that is environmentally sustainable. The beating heart of America’s economic wealth and power is the politically stable system of law that we Americans take for granted. Investors around the world know that a dollar loaned to the United States or invested in American corporations will not disappear or be stolen by a corrupt, lawless regime. Last week, we saw both the fragility and the resilience of our political system. Its stability was attacked by an aspiring autocrat and his deluded followers as they ransacked the U.S. Capitol building. Its resilience was demonstrated as determined legislators worked all night to complete the certification of the duly elected President of the United States.

When the novel coronavirus and its disease, COVID-19, first spread in China, Taiwan was regarded as the next country most likely to be affected, due to its close geographic and economic ties with China. However, by mid-July 2020, after more than six months of rapidly growing COVID-19 cases around the world, Taiwan still counted substantially fewer cases than most countries. The worldwide news media have noted Taiwan’s initial success story, attributing it to Taiwan’s resilience, pervasive national health system, central command structure, rapid medical equipment build up, early prevention and transparent information sharing, as well as other factors. While these factors surely have played important roles in contributing to this initial success, it is too soon to tell whether that success will continue.

As the Covid-19 pandemic in sub-Sharan African countries conveyed a sense of existential urgency in March, 2020, African governments, with the aid of international organizations and rich western countries, surprised many with swift implementations of public safety measures recommended by the World health Organization (WHO). These measures included mandatory mask wearing, social distancing, the use of hand-sanitizers, and, as a measure of last resort, closed their borders and limited domestic travels. For a sustained period, these measures, while not fully observed by the public, limited the spread of Covid-19.