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The Great Divergence?

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Add to Bookmarks Besides being the biggest global public-health crisis in a century, the COVID-19 pandemic has triggered a rethink of existing economic growth models. Which major economies will make the structural shifts needed to ensure future prosperity, and which will persist with the status quo? In this Big Picture, the Rocky Mountain Institute’s Jules Kortenhorst says that Europe and China will be the big winners, and contrasts their investments in competitive clean-energy sectors with America’s continued support for older, carbon-intensive industries. But like it or not, says Dalia Marin of the

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Besides being the biggest global public-health crisis in a century, the COVID-19 pandemic has triggered a rethink of existing economic growth models. Which major economies will make the structural shifts needed to ensure future prosperity, and which will persist with the status quo?

In this Big Picture, the Rocky Mountain Institute’s Jules Kortenhorst says that Europe and China will be the big winners, and contrasts their investments in competitive clean-energy sectors with America’s continued support for older, carbon-intensive industries. But like it or not, says Dalia Marin of the Technical University of Munich, engineering any post-pandemic recovery will also require targeted...

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