Business

The problem of access to vaccines threatens the world economy

The International Chamber of Commerce investigated the impact of the Covid-19 vaccine on the global economy. According to the research, it has been announced that if developing countries fail to reach the Covid-19 vaccine, it could damage the world economy up to $ 9.2 trillion.

The International Chamber of Commerce (ICC) reported that research has been conducted on the impact of the Covid-19 vaccine on the economy around the world.

In a written statement from the ICC, it was emphasized that if governments do not provide access to the Covid-19 vaccine to developing countries, the global economy will be damaged between 1.5 and 9.2 trillion dollars, and the expected economic damage for the US It is between 45 billion and 1.38 trillion, 8.5-146 billion dollars for Germany and 14-248 billion dollars for Germany.

In the statement, it was emphasized that if there is no cooperation in the world in terms of access to vaccines, the countries that will be most affected are France, Belgium, Germany, European countries including the Netherlands, Switzerland, Norway and the United Kingdom. , and the GDP of these countries can decline by as much as 3.9 percent.

Countries with developed economies were reported to allocate $ 27.2 million for vaccines.

THE VIRUS MAY SPREAD MORE WHEN ACCESS IS DELAYED

In the statement, ICC Research Foundation President Terry McGraw said that this research demonstrates the economic interdependence of developed and developing countries and the importance of cross-country work on vaccination.

The Director General of the World Health Organization (WHO), Dr. Tedros Adhanom Ghebreyesus noted that this research “demonstrates catastrophic economic failure.”

Ghebreyesus stated that when access to the Covid-19 vaccine is delayed to all countries, the virus spreads further and vaccines can lose their effect.

Professor at the University of Maryland College Park in the United States. Dr. Şebnem Kalemli-Ö then pointed out that no economy can recover without equitable access to vaccines globally.
“THE WHOLE WORLD CAN BE INSURED WITH THE 9 MONTHS OF THE 10 RICHEST PEOPLE”

Source: www.ntv.com.tr

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