Tuesday , April 16 2024
Home / Real-World Economics Review / Vaccinations: a new world order (3 graphs)

Vaccinations: a new world order (3 graphs)

Summary:
India and China are taking over. Cuban vaccines have entered phase three. It’s not the case that western countries are tacking the backseat. Yet. However… There are of course issues with the global vaccination effort. According to rumors, there are 29 million AstraZeneca doses produced in the Netherlands and stored in Italy which are not entering the vaccination chain because of… nobody knows (personal opinion: it sometimes feels as if the ‘intern from hell’ chairs the AstraZeneca board). Also, vaccines work excellent at the micro level, at this moment, when it comes to protecting the vulnerable. Vaccinating old men and women leads within weeks to a staggering decline in the death rate. The macro level is another issue. Only Israel, the fastest vaxer of them all, however seems to have

Topics:
Merijn T. Knibbe considers the following as important:

This could be interesting, too:

Stavros Mavroudeas writes Workgroup for ‘Political Economy of Inequality and Social Policy’ – WAPE 2024, 2-4 August 2024, Panteion University

tom writes Keynes’ denial of conflict: a reply to Professor Heise’s critique

Lars Pålsson Syll writes Chicago economics — nothing but pseudo-scientific cheating

tom writes Rethinking conflict inflation: the hybrid Keynesian – NAIRU character of the conflict Phillips curve

India and China are taking over. Cuban vaccines have entered phase three. It’s not the case that western countries are tacking the backseat. Yet. However… There are of course issues with the global vaccination effort. According to rumors, there are 29 million AstraZeneca doses produced in the Netherlands and stored in Italy which are not entering the vaccination chain because of… nobody knows (personal opinion: it sometimes feels as if the ‘intern from hell’ chairs the AstraZeneca board). Also, vaccines work excellent at the micro level, at this moment, when it comes to protecting the vulnerable. Vaccinating old men and women leads within weeks to a staggering decline in the death rate. The macro level is another issue. Only Israel, the fastest vaxer of them all, however seems to have reached something like herd immunity since around ten days ago. The UK and the USA will have to double vaccination rates to reach this stage – will pressure to finally start to export vaccines mounts. The EU, china, India have a long road ahead. Interesting question: logic dictates that Israel will have to vaccinate inhabitants of the Palestine state, too. Will this happen? Is it already happening? Anyway, looking at daily data (the graph shows a seven day rolling average) China vaccinated 6 million people in one day, yesterday. For the time being, there are no limits to vaccination growth. Good.

Vaccinations: a new world order (3 graphs)

Vaccinations: a new world order (3 graphs)

Vaccinations: a new world order (3 graphs)

Merijn T. Knibbe
Economic historian, statistician, outdoor guide (coastal mudflats), father, teacher, blogger. Likes De Kift and El Greco. Favorite epoch 1890-1930.

Leave a Reply

Your email address will not be published. Required fields are marked *