Dr. Nasser Saidi joined as a panelist in the session titled “Post-Coronavirus Economy: Trajectories of Global Order”, at the Seventh Annual Abu Dhabi Strategic Debate organised by the Emirates Policy Centre on 11th November 2020.
The session discussed two broad questions: How long will COVID-19 continue to affect global economy? How will COVID-19 change the global economy in the future?
Dr. Nasser Saidi, the Founder and President of Nasser Saidi & Associates, stated that the global economy is being hit by higher uncertainty as global production has dropped by 4.5 percent, global labour income is estimated to have declined by 11 percent and direct foreign investments have fallen by 15 percent at a minimum in the first half of 2020.
“It is important to realise that world top technology companies such as Amazon, Apple, and Microsoft have developed into major powers in the global arena. The COVID-19 pandemic has demonstrated the need for bridging the digital gaps between various countries and the need for addressing internal divisions in these countries themselves,” he added.
Watch the full session below:
A summary of the event can be accessed at: https://wam.ae/en/details/1395302885959