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News Forum - Vaccine inequality may see poorer countries lose $2.3 trillion


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A new study found that the global economy will lose US $2.3 trillion due to slow Covid-19 vaccinations and that less wealthy countries will suffer disproportionately. The study by the Economist Intelligence Unit stated that because vaccine rollouts are much slower than those of wealthy nations, the developing and emerging countries will see the most loss. The Asia-Pacific Region is expected to suffer the most, with nearly 75% of projected losses being shouldered by the region. The EUI collected data it had researched in-house about vaccination timelines, comparing it with gross domestic product forecasts for around 200 countries in order […]

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