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Lets talk about the macroeconomic impact of #COVID19 in the short-medium term. The pandemic continues to have broad based devastating effects, crippling global economic activity. Fiscal & monetary policy is loose, to "ease" the virus' blow. What of a #Vaccine? Will you take It?
The global economic recovery hinges on the flattening both the #COVID19 infection curve and the economic recession curve. Negative output gaps imply activity below potential. The expectation, is for a vaccine to help towards herd immunity, thus flattening the infection curve...
It is expected that if a #Vaccine is made widely available & the uptake significant, economic activity will pick up & supply chains resuscitated. This will help flatten the recession curve. Ergo, all appears to rest on the production of a vaccine. But again, will you take it?
In a recent #WorldEconomicForum #Survey developed to gauge the global appetite for a #COVID19 #Vaccine and people's willingness to take It, the results show that 3 in 4 adults say they would...
The two figures below expound on the #WorldEconomicForum's survey on people's willingness to take #COVID19 #Vaccine. #China the most interested; #Russia is the least. The reasons why not, are just as interesting...
In closing; #COVID19 isnt going anyway anytime soon. We need to get back to #Work & feel #Safe. As we fashion policies intended to flatten recession curves, the role of a #Vaccine in flattening infection curves is imperative. #Confidence in the vaccine is even more important.
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