
How will the COVID-19 pandemic reshape the world order? The honest answer is that no one knows. There are many possible futures at this point. The best policymakers can do is to avoid myths that obstruct their thinking and examine alternatives that help them focus on the most important questions. Sometimes estimates are wrong, but it is useful to structure policy thinking in a way that allows leaders to learn from mistakes as well as successes.
In estimating the effects of the current pandemic, one must begin with humility about the extent of what is not known. This coronavirus is new, and scientists are still trying to understand its biology and epidemiology. No one knows how long it will persist nor when or in what forms it might recur. Nor is it clear which, if any, vaccines will be effective—or for how long—or how they will be distributed globally.