Will the coronavirus pandemic end globalisation?
The pandemic, following the 2008 financial crisis and the 9/11 attacks, has strengthened arguments for nationalism, while highlighting the fragility of the global supply chain. However, the cost of abandoning the tried and tested model of globalisation will create a further shock to an economic system already under immense pressure at the hands of the virus
Failure to repair the current liberal trade system may have more severe economic consequences in the long term than those caused by the pandemic