Mark Vincent Espinosa

Bs Crim 1B

1. Do you believe that the COVID-19 pandemic and globalization are related? In what
ways, if so? Why not, if not?

Answer : Globalization and covid-19 are related. In 2021, more than a year and a half
after the COVID-19 epidemic started, the world economy is anticipated to produce
the strongest post-recession rebound in 80 years. However, the recovery is anticipated
to be unequal among nations as many developing economies lag behind large
economies in terms of growth. Economy & Politics Economy Impact of the
coronavirus pandemic on the global economy - Statistics & Facts Worldwide
Overview Editor's Picks Statistics Despite the fact that it is difficult to estimate the
exact financial losses caused by the global COVID-19 coronavirus pandemic, it has
had a significant negative impact on the world economy. Gross domestic product
(GDP) decreased globally by 3.4 percent in 2020. Background The continuing
COVID-19 pandemic has highlighted the significant disparities in methods used to
manage and contain coronaviruses around the world and has shown the varying
degrees of success of such methods in reducing coronavirus transmission. It is
anticipated that global inflation, which has risen in tandem with the economic
recovery, would continue to climb over the course of the year, but that it will mostly
stay within target ranges for most nations. When inflation exceeds the desired rate in
developing and emerging market economies. In short it becomes related because all
country help each other to fight covid 19, doing some researches on how to cure covid
19.

2. Why is it crucial to acknowledge globalization? Answer : The first is a political

economy examination of developed, governed capitalist countries. In the sense that I
am using the term here, Rawls' political theory of modernity would not be a full
practical theory if this were the only function of hypothetical "facts" in it. The
contribution of Rawls is that social facts are of different kinds, some of which, like
the fact of plurality, are "permanent" and therefore not just be viewed in terms of
functional stability. In overcoming the obstacles posed by new social facts, In the
normative fields of social and political philosophy, critical theory continues to be an
important philosophical tradition. Additionally, this vitality is increased when it takes
into account a variety of democratic claims that are not covered here, all of which
pose an equal threat to the core assumptions underlying notions of democracy, justice,
and their interaction. Several theories place interpretation as a practice, or in the
actions and procedures of ongoing communication. This viewpoint views
communication as the application of a particular kind of practical rationality. An
epistemic, pragmatic, and inter subjective definition of rationality is provided by a
critical theory of communicative action. Such a strategy can be used to analyze
democratic practices' normative elements. Democracy is not merely a collection of
formal rationale principles and institutional decision-making guidelines; it is also a
specific framework for unrestricted and unfiltered dialogue.