Post
Topic
Board Economics
Re: COVID19 VACCINE AND ECONOMIC GROWTH?
by
gabbie2010
on 11/10/2020, 13:17:23 UTC
Experts have said vaccines were likely to reach the general public in the March April 2021 drugmakers have been more ambitious with their calculations, with some firms like Moderna Inc eyeing the emergency use authorisation route to launch their shots by year end.182 vaccine candidates in pre-clinical or clinical trials across the world.36 are in clinical trials and nine in final states of human trial.best part is Some Country Covid 19 Recovery Rate Growth Like India Recovery Rate approx 80% and deat ratio 1% this good news.

By March-April 2021, almost a dozen different vaccines will be available in the market. It is going to be tricky for the governments, as they need to chose one out of this large number of potential candidates. The cost is also not uniform. For example, the price of a single dose of vaccine from the Serum Institute of India is less than $3. On the other hand, the vaccine from Moderna reportedly has a price tag of $37 per dose.
The most developed nations will get the vaccine by March- April 2021 all things being equal whereas other developing nations might not get inoculated until 2014 after all vaccines trials there is going to be a mass production while a special designated jumbo jets will be needed to airlift it to different countries which will takes time to be accomplished globally https://www.bbc.com/news/business-54067499  it will takes some few years before the economic growth bounce back globally, but I am quite sure we will get out of the woods within the shortest period of time.