Social, Political, Psychological Impacts of Covid-19 Digitalization of the Currency and Emerging World Order

Abstract

Covid-19 commonly known as Coronavirus is the biggest challenging posing threat to the international system and the way of life we know. This paper is general in nature and aims at reaching the larger audience. This academic paper enables the readership from all walks of life to understand the nature of the pandemic and its effects on our ways of life. Central objective is to highlight that change in traditional system and domestic arena is inevitable. It brings into limelight the economic challenges digitalization of the economy, probable decline of the United States (US) as a major power, challenges posed to our social culture, pre-existing social norms and the changing norms and work ethics. Paper also highlights probability of biological terrorism and weakness of our health system. For the completion of this paper authors have conducted interviews to analyse this pandemic using empirical evidence to examine Covid-19 spread, recurring fallout, intensity and its impact on the global order. Aim of this paper is to highlight significance of artificial intelligence, transformation of world economic system based on quantum computer and continued relevance of capitalism for international order. Paper emphasises states failure to adopt to changing nature of economic order will result in collapse of its economic institutions followed by political chaos and anarchy. Authors attempt to highlight geo-economic framework based on neo-liberalism is substitute to geo-strategic framework. It is a key to survive in prevailing circumstances.

Border Management System: The Digitalization of Pak - Afghan Border

“…Primary motive of these militants is to carryout targets inside Pakistan. In prevailing circumstances geo-economic framework based on neo-liberal institutionalism rather than geo-strategic framework is key to survive (Ahmed et al, 2022;(Iqbal, 2020)…”