While the coronavirus pandemic wreaks havoc around much of the globe, political and business leaders are already starting to think about what the world might look like once the worst of the outbreak passes.
The forecasts aren’t good.
Collapsing governments, famine, crushed economies, and emboldened extremists are all among the darkest post-pandemic scenarios. Yet even less dramatic outlooks have a gloomy tinge, with political alliances crumbling and economies unlikely to rebound fast enough to blunt the impact of hundreds of millions of lost jobs.
Seams that were opening before the virus emerged are tearing apart faster. Bickering between the U.S. and China about the origins of and response to Covid-19 now threaten a trade deal that could help the world recover. A fight over distribution of an eventual vaccine is dividing allies. And the United Nations has been sidelined while autocratic governments have stepped up attacks on civil liberties.
Hopes that nations might momentarily set aside their differences to combat the coronavirus have largely evaporated. “This pandemic is about as close to an asteroid hitting the Earth as you can imagine in terms of a common threat,” says Richard Fontaine, chief executive officer at the Center for a New American Security, a Washington think tank. “But not only has there been no meaningful cooperation, it’s become just another vector for competition.”
Bu hikaye Bloomberg Businessweek dergisinin May 25 - June 01, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Bloomberg Businessweek dergisinin May 25 - June 01, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers