Disruption Without Change: The Consequences of COVID-19 on the Global Economic Balance

Disruption Without Change: The Consequences of COVID-19 on the Global Economic Balance

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The COVID-19 pandemic has upended the global economy, resulting in large losses of gross domestic product worldwide. In this report, the author reviews the economic track record of the United States and its main competitors and allies to discern how the dramatic economic changes induced by the pandemic could affect geopolitical competition and the future security environment.