The COVID-19 pandemic has been the greatest shock to the international order in decades, and unlike previous shocks, major powers like the United States did not step up to lead the world through it. Thomas Wright joins this episode to explain how that leadership vacuum shaped the pandemic response and has contributed to the rewriting of the postwar order.

Wright is a co-author of the new book “Aftershocks: Pandemic Politics and the End of the Old International Order,” which examines the political backdrop of the pandemic and how institutions performed once it arrived. He and David Dollar discuss why some economic institutions like central banks proved to be quite resilient and what the overall lack of international coordination means for the United States, China, and the global balance of power.

Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

Die große Revolution im Kleinen. Mit Deborah Ruggieri (Barcamp Frauen 2019)