2021
DOI: 10.3386/w28395
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The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks

Abstract: We thank Yasin Şimşek for excellent research assistance. We acknowledge the support from ICC Research Foundation. The study is funded by ICC. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

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Cited by 72 publications
(57 citation statements)
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“…High-income countries, representing 16% of the world's population, purchased more than half of all COVID-19 vaccine doses 31 available to date, aside the COVAX agreement. This will extend the time frame of the pandemic and the economical burden worldwide 13,32,33 . Unless a worldwide vaccine allocation strategy based on health and epidemiological needs is implemented, humanity will not be able to achieve global herd immunity soon enough and will suffer the consequences of COVID-19 for much longer.…”
Section: Final Remarksmentioning
confidence: 99%
“…High-income countries, representing 16% of the world's population, purchased more than half of all COVID-19 vaccine doses 31 available to date, aside the COVAX agreement. This will extend the time frame of the pandemic and the economical burden worldwide 13,32,33 . Unless a worldwide vaccine allocation strategy based on health and epidemiological needs is implemented, humanity will not be able to achieve global herd immunity soon enough and will suffer the consequences of COVID-19 for much longer.…”
Section: Final Remarksmentioning
confidence: 99%
“…Following simple, evidence based guidance at a construction site for the Qatar 2022 FIFA World Cup had substantial benefits for health and productivity 4142. As illustrated by the covid-19 pandemic, the costs of poorly managed outbreaks, lockdowns, and economic stimulus packages go far beyond the costs of effective public health responses 43…”
Section: Investing In Health and Social Conditionsmentioning
confidence: 99%
“…With only vaccination of those susceptible in advanced economies, the economic toll may mount to trillions more, much of it falling back on these high-income countries. 5 The surest path out of this pandemic is also the one toward greater equity. Admittedly though, the decisions made by countries to date, the bilateral deals struck, and the lack of global solidarity make this road to equity path dependent.…”
mentioning
confidence: 99%