Although Covid-19 infections and deaths are surging in many parts of the world, recent announcements of apparently successful vaccine trials have offered a light at the end of the tunnel. One hopes we can soon redirect our attention from the urgent need to save lives to the longer-term costs of the

The Covid-19 crisis has emboldened advocates of protectionism and deglobalisation. Familiar concerns about lost manufacturing jobs and rising inequality, or the desire in some circles to "punish" (scapegoat) China with higher tariffs, have now been augmented by an argument against global supply cha