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  1. The Economist13 min

    Covid-19: how it will change the world

    Edward Carr, Callum Williams

    In an analysis of the pandemic's intersection with geopolitical shifts, The Economist's Edward Carr and Callum Williams argue that the crisis accelerates the decline of the post-WWII order by reinforcing de-globalization and reducing US willingness to lead. The discussion highlights how state power is expanding through unprecedented interventions to prevent bankruptcies and address healthcare vulnerabilities, while simultaneously threatening scientific innovation and the green energy transition due to economic uncertainty. Furthermore, the speakers note that while supply chains face diversification pressures and oil-dependent nations confront a potential structural collapse, emerging market adaptations and persistent unemployment underscore a complex economic landscape where recovery to pre-2020 levels remains unlikely.