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Andrea Mennillo
Covid-19 and the post-pandemic economy as a bet for Europe to win in a
sign of a global cooperation
Articl...
The Covid-19 emergency has revealed, as never before, the vulnerability of all health,
economic, political and social syst...
New international balances will not be long in being created. For Europe, however, it will
be essential to strengthen its ...
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Covid-19 and the post-pandemic economy as a bet for Europe to win in a sign of a global cooperation

  1. 1. Andrea Mennillo Covid-19 and the post-pandemic economy as a bet for Europe to win in a sign of a global cooperation Article 28th January, 2021 www.andreamennillo.org
  2. 2. The Covid-19 emergency has revealed, as never before, the vulnerability of all health, economic, political and social systems, which found themselves unable to produce an effective global response, in order to limit as much as possible the damage caused by the pandemic. I was reflecting recently on a statement by Ambassador Giampiero Massolo, President of Fincantieri and President of the Institute for International Political Studies (ISPI), on how power today is no longer just military; there’s also power which involves health care, logistics, food and technology. The lack of true global leadership, capable of commanding the world in a common direction is perhaps what we suffer from the most in a multidimensional and worldwide crisis like the one we’re experiencing. I think it’s quite natural that, in the context of such an emergency, each national government has taken decisions guided by its own culture, its own traditions and its own capacity for resilience. But it is not to be ignored how, on the whole, the responses to the health, economic and social emergency have been fragmented, sometimes even chaotic, and often characterized by opposition rather than cooperation. Global competition has intensified, as well as the intransigence of public opinion, troubled and stressed by the persistent uncertainty. The prospect of a vaccine obviously reveals the light at the end of the tunnel, but once the emergency ends, what innovations and skills will be put in place? What will the world’s new balances be? Will the competition for global leadership intensify the contrasts between the West and the East? We know that China and the United States have been in opposition for a long time. Today the game is being played on the technology frontier, where 5G and Artificial Intelligence could guarantee a dominant position in the global economy. A match in which the United States are still ahead. Russia, on the other hand, is always ready to quickly fill the gaps that other world powers leave uncovered. Unfortunately, the role of Europe remains marginal, penalized by an identity and political path that is still in progress. In such an unstable situation, I see as a unique possible solution, the promotion of renewed global cooperation, which would strengthen the ability to find shared answers to great economic and social issues, allowing a start to great projects of change, which are so important today for the progress of the world. The implementation of such a scenario, based on cooperation, will mostly depend on the willingness of the main actors of global power to engage in dialogue.
  3. 3. New international balances will not be long in being created. For Europe, however, it will be essential to strengthen its own role within the Western world – to which it naturally belongs- in order then to be able to propose itself as a bridge to build new alliances and cooperation with the Eastern world, and China in particular.

Article - Covid-19 and the post-pandemic economy as a bet for Europe to win in a sign of a global cooperation

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