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In the News

IMF pushes G20 states to back $50bn global mass vaccination drive

Graham Watson

26th May 2021

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The IMF believes that support for a global mass vaccination programme will generate significantly more benefits than costs - even with a $50bn price tag.

This is very much in line with the thinking of Alex Tabarrok whose work with the US government has emphasised this.

Indeed, whilst there are substantial private benefits from mass vaccination, the public benefits - and the positive externalities associated with them - are such that such a scheme could accelerate both growth and development.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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