Meghan L. O'Sullivan, Columnist

Oil Markets Provide a Glimpse of the Post-Pandemic Future

If OPEC dies this week, there are three likely paths ahead, and two are bad.

April 7, 2020 at 10:30 AM UTC

Meghan L. O’Sullivan is a professor of international affairs at Harvard’s Kennedy School and the North American chair of the Trilateral Commission, she served on the National Security Council from 2004 to 2007.

Partners in production cuts?
Photographer: Jacques Witt/AFP/Getty Images

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Henry Kissinger warns that many existing domestic and international institutions that have helped govern the past decades will not survive the Covid-19 crisis. He is surely correct.

Which institutions will endure, and what will replace those that meet their demise? Will, as Kissinger describes it, the revival of the “walled city” prevail? Or will the seriousness of this moment catalyze the global cooperation that has been in such short supply to make globalization more resilient in the face of future threats?