The world is going through its biggest crisis since the Great Depression. A global pandemic of a killer virus has come on top of an oil price shock that drove down prices into negative numbers for the first time in history. And a climate crisis continues to run in the background. Where will it end?
To be frank, no one knows. We are in uncharted waters, but bne IntelliNews’ editor-in-chief Ben Aris talked to the well-known commentator Anders Aslund, a Swedish economist and a Senior Fellow at the Atlantic Council, about what could happen next.
Oil prices will stay low for a long time, but a low oil price usually leads to democratisation, was one of the likely results of the current crisis, Aslund believes.
Ben Aris, editor-in-chief of bne IntelliNews
Anders Aslund, Senior Fellow at the Atlantic Council