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What Covid-19 means for international cooperation
Just when rules-based multilateralism is in retreat, perhaps the fear and losses arising from Covid-19 will birth a better model of globalisation.
Because critical functional roles are hyper-concentrated and the entire network is so tightly linked in the current model, shocks to a central hub such as the US or China can very quickly become systemic and paralysing.
PHOTO: AFP
Washington, DC
THROUGHOUT history, crisis and human progress have often gone hand in hand. While the growing Covid-19 pandemic could strengthen nationalism and isolationism and accelerate the retreat from globalisation, the outbreak also could spur a new wave of international cooperation...
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