Having kept their borders shut for close to a quarter, countries around the world are coming out of the daunting shadows of coronavirus as a ray of hope shows itself in the form of subsiding new cases. As policymakers introduce new social distancing measures and people once again fill up office...

The coronavirus pandemic has already dealt a severe blow to the free flow of people. Now it looks poised to take a hatchet to another leg on which free markets stand: the free flow of capital.In what critics might regard as protectionist policies, countries around the world are increasingly...