Until recently, most policymakers and investors remained complacent about the potential economic impact of the coronavirus crisis.
Now they realise that it is generating a global shock, which may be sharp—but which most still expect to be short.
But what if the economic disruption has an enduring impact? Could the coronavirus pandemic even be the nail in the coffin for the current era of globalisation?
Read my latest column for Foreign Policy.
It is quoted by Marc Saxer in International Politics and Society.