Post-Pandemic Priorities: What governments and business need to focus on as we emerge from the Covid-19 pandemic
Post-Pandemic Priorities: What governments and business need to focus on as we emerge from the COVID-19 pandemic
To watch a recording of this webinar, click here.
Bill Emmot is a writer and consultant with experience ranging from being the former Editor-In-Chief at The Economist, Chairman of the International Institute for Strategic Studies, Chairman of the Board at Trinity College, Dublin, and the Japanese Society in the UK
4 Cascading Crises
The major cascading crises, which have been exacerbated by COVID, which face us in the future are:
- The Health Crisis
- The Rise in Populism
- Dysfunction of the International Order
We are still living in the pandemic world and so many forecasts now are purely speculative. What we have learnt we need to improve are:
- Learning from the lack of preparation (E. Asia was better prepared than the best of Europe)
- Managing the economic recovery (fast fiscal response but Emerging Market debt is a threat)
- Shaping the international response (China’s use of extraterritorial influencer equalling U.S.)
- Facing up to the trust and legitimacy issue (information wars and a lost trust in science)
Britain was a driving force for free trade in the EU but was also a problem for decision making in the continent. As a result of Brexit: the EU is now a little stronger but Britain has been weakened. However, the UK will remain closely tied politically to the continent.
A change in the new world order could weaken the whole of Europe in the event of U.S. – China collaboration as it would potentially require the continent to become a rule follower. The WTO and WHO could become a settler of disputes which would build stability.
In the U.S. and UK there is now a sustained pivoting in priorities towards social justice. Internationally there is less of a push in dealing with inequities between countries.
Our thanks go to Bill Emmott for hosting this event with the BSCC.