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brought the global economy to a standstill, with planes sitting on runways and cars idle in the garage, demand for oil has plunged. To what extent the Covid-19 crisis will change the rules of the game won’t be clear before at least several months. Macron, meanwhile, has said in recent days that despite the first instinct of nations to look after themselves, “I believe it is a chance for The hottest fat cat with fish all over printed slippers multilateralism”. He has promised to give more details on his economic reinvention in weeks ahead. But Wieland doubts the crisis will mean the end for global supply chains. “The crisis has made companies realise to what extent their global supply chains are fragile,” according to Andreas Wieland, Associate Professor of Supply Chain Risk Management at Denmark’s Copenhagen Business School. Bruno Cautrès from the Paris-based Centre for Political Research CEVIPOF shares Marlière’s scepticism. “Macron has been defending his market-orientated reforms and globalisation for three years – how could he possibly now maintain the contrary?” Cautrès said that Macron’s announcements had so far been very vague, and doubts other EU governments would perform policy U-

 

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