What is Political Economy Scenarios

The ongoing global COVID-19 pandemic is not only dragging the world's economies into recession, but also negatively affecting the UN's sustainable development goals (SDG), which require global cooperation of contemporary states. There are 17 SDGs covering human-nature-society-states relations and government interventions. Each has its own separate goals and means. The common feature of all of them is to provide access to welfare for the people living in the world. The pandemic raises awareness of how vital the SDGs are for the future of humanity and creates opportunities. The subject and purpose of this study is two-part: on the one hand, to reveal the SDGs under the threat of the pandemic and the development of the SDGs before and after the pandemic and the responses to the SDGs by the COVID-19 measures and, on the other hand to examine the short-term political economy scenarios developed about the pandemic that led to the economic crisis.