Online ISSN 2286-0266
Print ISSN 1223-0685
Copyright © 2021
Œconomica by SOREC
 
Narciz BĂLĂŞOIU
Academia de Studii Economice din Bucureşti
The COVID-19 pandemic can be defined as a “black swan” because it disrupted the economic model known and adopted almost worldwide, changing both production processes and consumption patterns, as well as mankind living habits. For instance, this led to increased digitalization in day-to-day activities, starting from the interaction between the state and its citizens to that within enterprises and households. The COVID-10 pandemic marks a turning point not only in the global economy, but also in the international relations system. The power shifts have been accelerated, while some paradoxes emerged. Despite the fact that China was the source of the contagion, it actually manged to get on the other side more powerful economically, thus catalysing trends we thought likely implausible on short and medium term, while for many others the interval proved and remains critical.

ŒCONOMICA no. 1/2021
Keywords: COVID-19, economic trends, power shifts, China, US, global order
JEL: F00, F01, F02
Geoeconomic and Geopolitical Trends in the Post-Pandemic World [Tendinţe geoeconomice şi geopolitice în lumea post-pandemie]