The Post-Pandemic Great Reset

Dec. 20, 2021 5:13 AM ET2 Comments
Otaviano Canuto profile picture
Otaviano Canuto


  • Despite new rounds of virus mutations and the continuity of the pandemic, one may wonder whether and how the world will have changed afterward.
  • The pandemic has accelerated history by reinforcing some previous trends, leading the world to a “great reset”.
  • Digital transformation has been speeded up; globalization will be reshaped; higher public debt will be a legacy; and some economic scarring from the pandemic in labor markets may be expected.
The great reset button

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Forthcoming at Atlantic Currents, Policy Center for the New South

The Covid-19 pandemic plunged the world into a health, social and economic crisis of exceptional magnitude. In economic terms, the restrictions established to contain the spread of the virus resulted in a sudden

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Otaviano Canuto profile picture
Otaviano Canuto, based in Washington, D.C area, is a senior fellow at the Policy Center for the New South, professor at George Washington University, principal of the Center for Macroeconomics and Development and a non-resident senior fellow at Brookings Institution. He is a former vice-president and a former executive director at the World Bank, a former executive director at the International Monetary Fund and a former vice-president at the Inter-American Development Bank. He is also a former deputy minister for international affairs at Brazil’s Ministry of Finance and a former professor of economics at University of São Paulo and University of Campinas, Brazil.He has authored and co-edited 8 books and over 160 book chapters and academic articles, and is a frequent contributor to numerous blogs and periodicals.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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