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Life before COVID-19: how was the World actually performing?
1School of Information, Systems and Modelling (ISM), University of Technology Sydney, Sydney, Australia.
Quality & Quantity
|January 18, 2021
Summary
The COVID-19 pandemic tested global systems. Pre-crisis analysis reveals economic priorities correlated with positive performance, while other factors indicated decline, suggesting a need for systemic reevaluation.
Area of Science:
- Global socio-economic indicators
- Systemic analysis of global performance
Background:
- The COVID-19 pandemic represents a significant global crisis, comparable to historical traumatic events.
- Uncertainty regarding the pandemic's evolution and post-crisis scenarios persists despite vaccine development.
- The pandemic serves as a stress-test for the global system, prompting reconsideration of its sustainability.
Purpose of the Study:
- To assess the pre-crisis global situation using a combination of selected global indicators.
- To evaluate the world's performance across various aspects of life before the pandemic.
- To analyze the impact of different indicator weightings on perceived global performance.
Main Methods:
- Defined 6 macro-categories to represent different facets of global life.
- Inferred the relevance of these categories from diverse data sources.
- Combined selected global indicators to measure pre-crisis performance.
Main Results:
- Economic-oriented priorities demonstrated positive performance metrics.
- Distributions prioritizing factors other than the economy indicated negative performance.
- Balanced and economy-focused weightings suggested an optimistic performance outlook, irrespective of absolute scores.
Conclusions:
- Pre-pandemic global performance was heavily influenced by economic priorities.
- A reevaluation of global system priorities and sustainability is warranted.
- The study highlights the potential for optimistic interpretations of global performance through strategic indicator weighting.
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