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Economic costs of inequitable vaccine distribution across the world



No man is an island entire of itself; every man is a piece of the continent, a part of the main; if a clod be washed away by the sea, Europe is the less, as well as if a promontory were, as well as any manner of thy friends or of thine own were; any man s death diminishes me, because I am involved in mankind. And therefore never send to know for whom the bell tolls; it tolls for thee.”
John Donne
The COVID-19 pandemic had a drastic impact in 2020. Based on the update to the IMF’s October 2020 forecasts (IMF 2021), the world economy is expected to have contracted by 3.5% in 2020.  In our recent work (Çakmaklı et al. 2021), we focus on one particular channel – international trade and production linkages – and calculate the global economic costs that would arise in the absence of equitable distribution of vaccines. ....

Tedros Ghebreyesus , John Donne , Sebnem Kalemli , International Production Networks , Emdes In Panel , World Health Organization , European Commission , Nonlinear Production Networks , Health Organization Director , Production Networks , Disaggregated Keynesian Economies , Supply Chains , Emerging Markets , Demand Shocks , Economic Case , Global Vaccinations , International Production , Development Economics , ஜான் டான் , சர்வதேச ப்ரொடக்ஶந் நெட்வொர்க்குகள் , உலகம் ஆரோக்கியம் ஆர்கநைஸேஶந் , ஐரோப்பிய தரகு , ஆரோக்கியம் ஆர்கநைஸேஶந் இயக்குனர் , ப்ரொடக்ஶந் நெட்வொர்க்குகள் , விநியோகி சங்கிலிகள் , வளர்ந்து வருகிறது சந்தைகள் ,