International Economic Cooperation and COVID-19
The Rt Hon Lord Darling, former chancellor of the exchequer, examines issues presented by the pandemic within the wider uncertain international political and economic context.
The COVID-19 crisis presents an ongoing shock to an already fragile global economy. While the eventual outcome remains uncertain, early signs suggest that a fundamentally different economy will emerge from this period.
While some of these changes could be for the better, there are also major risks, particularly surrounding shifting dynamics and a potential disintegration in international economic coordination and cooperation.
In this uncertain international political and economic context, this session will examine some of the issues presented by the pandemic – both new and those that need to be looked at in an entirely different way as a result of the upheaval.
Can the response to the global health crisis provide a blueprint for international actors to address other urgent issues such as tackling climate change or responding to the global technological revolution?
How can existing governance structures be reshaped to become more effective vehicles to deliver proposed solutions? And what is the outlook for US-China tensions and which other countries might be placed to step into a potential global leadership role?