Abstract

Even English historian A. Toynbee claimed that each new generation of the “creative minority” (elite) periodically faced challenges of the time, to which it had to seek and give an adequate response. In case of an unsatisfactory answer, this “creative minority” should leave the historical stage, giving way to the more competent elite. The coronavirus crisis experienced by the global community in 2020 has become such a global challenge of our time for many people. And the public can make conclusions about the professional training and level of competence of the ruling elite groups judging from how effectively they cope with this challenge. But even now it can already be stated that the crisis has revealed a number of significant systemic failures in the functioning of political elites - their slow reaction to the event, disunity, clip consciousness and underestimation of the degree of risk, resources and their own capabilities. This article is devoted to the analysis of all these problems.

Highlights

  • The coronavirus (Covid-19) pandemic that broke out in early 2020 posed a very serious challenge to all ruling political elites and their leaders, associated with the fight against the virus itself, and with economic and political problems

  • The world was engulfed by a new wave of the global crisis

  • The object of this work will be a new wave of the global financial and economic crisis provoked by the Covid-19 pandemic, and the subject will be the reaction of the world's political elites to these events

Read more

Summary

Introduction

The coronavirus (Covid-19) pandemic that broke out in early 2020 posed a very serious challenge to all ruling political elites and their leaders, associated with the fight against the virus itself, and with economic and political problems. It is obvious that today the practice of state cooperation is becoming more relevant, the emergence of global or regional economic, environmental and political platforms focused on solving various problems, which objectively forces states to intensify cooperation, to search for the most effective forms and mechanisms of joint activities, support and difficult crisis situations. This is an objective pattern of modern reality. The object of this work will be a new wave of the global financial and economic crisis provoked by the Covid-19 pandemic, and the subject will be the reaction of the world's political elites to these events. A pandemic-triggered crisis is most often defined as a shock that engenders the horror experienced by politics and economics in the first half of 2020

The Problem of the Crisis
The Problem of Overcoming the Crisis
Political Elites and World Leadership Strategies
A New End of History
Conclusions

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.