The world could look like it did in 1900 if the pandemic is not contained, according to the former head of the World Bank.
Robert Zoellick, who has has advised six US presidents during his career, told the BBC that co-operation was “the only way the global economy will emerge from the recession”.
“I think [the relationship] is in freefall today and I don’t think we know where the bottom is, and that is a very dangerous situation,” he told the BBC’s Asia Business Report.
“The 2008-09 financial crisis was a very serious event but we had the G20, [and] central banks co-operating. President Bush and then President Obama were part of international efforts with [then UK prime minister] Gordon Brown,” he said.
“Frankly, even China had a very strong stimulus programme and also co-operated in various ways. We don’t have that sense of co-operation today.”