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In 2022, the COVID-19 pandemic and the myriad crises it spawned may finally start to recede. But even in that best-case scenario, a tsunami of new challenges — from the failure of climate action to the erosion of social cohesion — is within sight. Addressing them will require leaders to adopt a different governance model

When our institutions are well governed, we pay little attention to them. They are simply invisible infrastructure supporting the economy and virtually all aspects of the social order. And “good enough” governance in the second half of the 20th century enabled income growth and social peace.

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