Since the 1980s, leading nations have relied on the twin pillars of the promotion of globalization and fiscal consolidation. However, the coronavirus crisis is bringing about a major change of direction. Here, a polemicist who has always spoken out about globalism talks about a post-COVID-19 world.

As it has spread globally, the COVID-19 pandemic has hit global economies hard. The gross domestic product of major industrialized nations in the second quarter of 2020 recorded the sharpest drop since the 2008 global financial crisis. Following the lifting of lockdowns in various countries, business is likely to show something of a recovery in the last two quarters of this year, but optimism regarding the situation is not even conceivable.

To start with, the end of the pandemic is nowhere in sight. Experimenting with large-scale urban lockdowns made it clear just how inefficient these are in getting rid of the infection…

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