The COVID-19 pandemic transcends traditional boundaries between society and the economy, private and public businesses, and individual countries. Markets, policymakers and communities—all of us—must rapidly adapt to mitigate the impact of this shock.
A wave of change is sweeping over us. Well-established ideas around competition, regulation and finance have been reassessed and, in some cases, dispensed with over just a few weeks. However, the boundaries disrupted by this wave leave space for us to build bridges. There are difficult questions to address, but together we will unravel their complexities and bring the solutions to light.
Although we can’t foresee the ‘new normal’, the wave will recede, and a new landscape, with new opportunities, will surface. We must ride the wave as best we can, and embrace this new world as it emerges.