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Crisis and Geopolitical Reordering: Covid-19 from a Comparative Perspective

Authors: Greco, Ettore; Marconi, Federica; Paviotti, Irene;

Crisis and Geopolitical Reordering: Covid-19 from a Comparative Perspective

Abstract

This paper aims to assess the impact of recent global crises on the system of international relations. In particular, it examines how the major shocks caused by these global crises have affected long-term trends and to what extent they have shaped the global order. The paper analyses four major global crises: the Covid-19 pandemic, the Global Financial Crisis (GFC), the Russian invasion of Ukraine and climate change. Two long-term global trends – global power shifts and globalisation – have been chosen as the axes around which the main geo-economic and geopolitical implications of these crises will be scrutinised. This analysis shows how each crisis has contributed to deepening trends that had already emerged from previous crises due to the persistence of unsolved issues or to the inadequacy of the efforts undertaken to address them. As a result of repeated and often mutually reinforcing global shocks, the world order is now characterised by high levels of uncertainty, fragility and unpredictability. This highlights the need for new cooperative approaches based on foresight and preparedness that aim at building more resilient political and socio-economic systems.

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Keywords

crisis, power shift, international order, globalisation, Covid-19

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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