To understand what will happen in the near future on the world economic level, there is an absolute necessity to refer to past crises and show that in fact, everything is arranged in world economic development. Without an economic analysis as precise as possible of past developments, humanity could not project and anticipate potential economic forces, and therefore future developments of the world-economy.


We must also say that everything that happens to humanity is, as Voltaire wrote, “ All is well in the best of worlds . In " Candide ", Voltaire, addressing the German philosopher Leibniz, seeks to give an optimistic vision of the world. “ Pangloss taught metaphysico-theologo-cosmolonigology. It proved admirably that there is no effect without a cause, and that, in this best of possible worlds, the chateau of Monseigneur le Baron was the most beautiful of chateaux and Madame the best of possible baronesses.

It is demonstrated, he said, that things cannot be otherwise: for, everything being done for an end, everything is necessarily for the best end. Note that noses were made to wear glasses, so we have glasses […] it had to be said that everything is for the best . »

Precisely, the world is thus designed, there are poor nations that the World Bank classifies as low income countries, less poor to middle nations classified as lower middle income and middle to less wealthy nations classified as middle income from the upper segment, and finally the rich to very rich so-called high-income class. So, whatever posture we take vis-à-vis this world order which is given, and therefore made in this way, nobody can do anything about it, except that there are economic forces which make the world evolve. humanity and, therefore, transforms the world economic order. And, by this evolution, these forces, notwithstanding the designs of the great powers, are in fact aimed at pushing back poverty ever further.


To support this approach, let us take the financial crisis of 2008. Let us try to see if there is not a hermeneutic process of cause and effect between this health crisis which upset the West and the world, and caused a recession and a strong economic depression unexpected and difficult to foresee so much it left the context of the usual economic crises. Which can even be assimilated to a “ corrective depressive crisis of the world economy ” – it is very important to specify it in this way. Precisely, this is in a certain sense what is happening today with the confinement of around 4 billion human beings due to the health crisis, and on the economic developments that will normally follow in the post-Convid-19 period. And we can even say that they will be inevitable for all the economies of the world.


But first, it is interesting to soak up the analyzes of two world-renowned economists.

1. Analyzes by Joseph Stiglitz and Dominique Strauss Kahn of the economic situation of the world in the context of Covid-19

J. Stiglitz, Nobel Prize winner in 2001 and former Vice President and Chief Economist of the World Bank, gives an analysis of the economic prospects for emerging and developing countries: “NEW YORK – In the world's advanced economies, compassion should be sufficient motivation to support a multilateral response. But global action is also a matter of interest. As long as the pandemic is still raging everywhere, it will pose a threat – both epidemiological and economic – everywhere as well.

The impact of Covid-19 on developing and emerging economies has only just begun to reveal itself. There are good reasons to believe that these countries will be much more strongly impacted by the pandemic than advanced economies. […]

A March 30 report from the United Nations Conference on Trade and Development offers a first glimpse of what lies ahead for emerging and developing economies. The most dynamic of them base their growth on exports, which will inevitably collapse with the contraction of the world economy. Unsurprisingly, global investment flows are plummeting, as are commodity prices, pointing to big trouble ahead for resource-exporting countries.