Economics
The $9.2 Trillion Price Tag for Failing to Vaccinate World
- Economic outlook hinges on the vaccine race against mutations
- IMF, others have warned entire globe needs to be inoculated
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The global economy’s recovery risks being dampened or even derailed by the lag in coronavirus vaccinations for poorer nations relative to their wealthier peers.
Bloomberg’s Vaccine Tracker shows 4.54 million doses were given on average across the world each day over the last week, but it’s far from an even spread. The U.S. and U.K. make up about 40% of the 119.8 million doses administered globally.