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Coronavirus Australia LIVE UPDATES: World faces $11.6trn economic cost if poorer countries can’t vaccinate – The Australian Financial Review

The economic cost of not vaccinating poorer countries could be severe; Britain finally begins hotel quarantine program. Follow updates here.

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Writing for The Conversation, Sebnem Kalemli-Ozcan from the University of Maryland says the world economy will pay a price for failure to share vaccines equally:
Rolling out a vaccine to stop the spread of a global pandemic doesnt come cheap. Billions of dollars have been spent developing drugs and putting in place a program to get those drugs into peoples arms.
But amid an uneven distribution of vaccines with poorer countries lagging far behind richer nations another concern presents itself: the…

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