Coronavirus puts world cooperation to sharp test
Mar 17, 2020
3 minutes
It is the ultimate political stress test.
Yet the crisis surrounding COVID-19 is different from the international challenge often cited as a parallel: the viral economic emergency of 2008. Then, the stress test involved banks and financial institutions. Now, it’s a political test striking at all levels: local, communal, national. But above all, international.
And while it’s too early to reach definitive judgments, one thing is clear. Just as major banks and finance groups were woefully unprepared for what hit them in 2008, COVID-19 has
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