Richard Haass, Sergio M. Alcocer, and Yul Sohn assess the degree of deglobalization and the dynamics behind any trend, whether the COVID-19 pandemic significantly accelerated developments, and the implications for international cooperation moving forward. The Council of Councils (CoC) is an international initiative created by the Council on Foreign Relations to connect leading foreign policy institutes from around the world in a dialogue on issues of global governance and multilateral cooperation. The CoC is composed of twenty-eight major policy institutes from some of the world’s most influential countries. It is designed to facilitate candid, not-for-attribution dialogue and consensus-building among influential opinion leaders from both established and emerging nations, with the ultimate purpose of injecting the conclusions of its deliberations into high-level foreign policy circles within members' countries.