World leaders now describe Covid-19 as the 'silent enemy'. Several have called the pandemic a 'war'. For the first time in history, every nation on Earth is battling a common foe. What this will mean for globalisation remains unknown. Global connectivity is, on the face of things, being eroded, as free movement stops and people 'stay and shelter'. Yet, the world is also increasingly united, as triumph depends on cooperation.
It will erode international institutions
With results being driven by national efforts, the work of international institutions will no longer seem important.
A weakened United Nations
The UN is under threat as the virus destabilises societies.
Opposing interests between countries will weaken the European Union
EU leaders have already come to major disagreement over notional 'corona bonds', which would share post-crisis debt amongst member states. At the heart of this disagreement is the question of sovereignty versus a shared identity.