COVID-19 has been devastating worldwide. Along with the almost unimaginable human toll, the economic implications are projected to be equally unimaginable and long-lasting. A 4.4 percent global contraction of the Gross Domestic Product (GDP) in 2020, the deepest recession in decades, a complete shutdown of some industries, disruption of global trade with supply chain reconfigurations are all part of the economic impact. However, as vaccines are administrated worldwide and visionary leadership plans emerge, a new but stronger economy should be on the horizon.