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  1. GettyImages-1208593873 Getty Images
    Free to read

    Will Europe Lead or Lag?

    In the absence of a strong, coordinated global response to the COVID-19 pandemic, the job of leading the world out of the crisis remains vacant. Should the European Union, seeking to position itself as a diplomatic superpower between the hard powers of China and America, nominate itself for the position?

  2. Lockdown Iván Terrón/Europa Press via Getty Images
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    The Post-Pandemic World

    As the COVID-19 outbreak worsens, many fear that it will not only exact a terrible human and economic toll, but also that it will deepen today’s crisis of globalization and global governance. But the pandemic might yet shake up international politics for the better.

  3. Great Contagion Getty Images
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    The Great Contagion

    Featured in this Big Picture
    1. Arkebe Oqubay,
    2. Anders Åslund

    The rapid escalation of the COVID-19 crisis is confronting the global economy with its biggest test since 2008. But with mechanisms of international coordination having been weakened by populist politics in recent years, will policymakers be able to mount an aggressive and effective response?

  4. COVID 19 stocks Tomohiro Ohsumi/Getty Images

    Viral Panic

    Featured in this Big Picture
    1. Harold James

    The new COVID-19 coronavirus continues to spread rapidly around the world. With markets plummeting and fear rampant, the prospects for the global economy look increasingly bleak.

  5. ae29eaeb13f91ed07f174d1968c3f0ef (1) Mark Wilson/Getty Images

    Will Trump Win Again?

    Having been acquitted by the US Senate in his impeachment trial, President Donald Trump can continue basking in the reflected glory of America’s longest economic expansion on record. Could that be enough to secure his re-election in November?

  1. eichengreen140_CHANDAN KHANNAAFP via Getty Images_unemploymentpaperscoronavirusUS Chandan Khanna/AFP via Getty Images

    The Human-Capital Costs of the Crisis

    Barry Eichengreen

    Unlike a hurricane or earthquake, the coronavirus pandemic has caused no damage to physical capital stock. But firm-specific skills have no value when the firm that uses them goes out of business, which is one reason why US productivity, wages, and economic growth are likely to be affected for years to come.

  2. op_campanella8_Photo12Universal Images Group via Getty Images_blackdeathplague Photo12/Universal Images Group via Getty Images
    Free to read

    The Invisible Killers

    Edoardo Campanella

    Although the COVID-19 pandemic has been treated as though it were an unprecedented global catastrophe, we have been here before – many times. As two recent works of history show, pandemics are a recurring and ineradicable feature of human civilization.


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