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Technology to reign supreme after the coronavirus: Jacques Attali

Leading French economist says more resources will need to be directed to health

French economist Jacques Attali says vaccine research is necessary for the global economy to recover.   © Reuters

PARIS -- The novel coronavirus pandemic has put the world at a crossroads of history in which the balance of power is poised to change hands, a leading French economist told Nikkei.

Jacques Attali, the French economic theorist and the founding president of the European Bank for Reconstruction and Development, said the process will be similar to the transfer of power from the church to secular authorities that occurred in the wake of the Black Death, which killed tens of millions of people in the late Middle Ages.

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