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The Graphic Truth: Who's buying up the COVID vaccines?

The Graphic Truth: Who's buying up the COVID vaccines?

While recent news from Pfizer, Moderna and AstraZeneca on the efficacy of their respective COVID vaccines is encouraging, it has also given rise to bidding wars between wealthy countries trying to secure the largest supply of the new drugs for their citizens. Meanwhile, many governments in emerging market economies, where healthcare infrastructure is generally weaker, are worried they'll be kicked to the back of the line in the global distribution process. Indeed, history bears out their concerns: while a lifesaving HIV treatment hit shelves in the West in the mid-1990s, for example, it took years to become widely available in Africa, which saw some of the worst HIV outbreaks in the world. But here's the catch: even if wealthy countries manage to obtain large supplies of vaccines to immunize their populations, the interconnected nature of the global economy means that no one will really be out of the woods until we all are. Here's a snapshot of how many COVID vaccines select countries have already purchased.

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For the world's wealthiest nations, including the United States, the rollout of COVID-19 vaccine has been rocky, to say the least. And as a result, much of the developing world will have to wait even longer for their turn. Part of the challenge, World Bank President David Malpass says, is that "advanced economies have reserved a lot of the vaccine doses." Malpass sat down with Ian Bremmer recently to talk about what his organization is doing to try to keep millions around the world from slipping deeper into poverty during the pandemic. Their conversation was part of the latest episode of GZERO World.

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For the first time in twenty years, extreme poverty around the world is growing. How does the developing world recover from a pandemic that has brought even the richest nations to their knees? David Malpass, the President of the World Bank, is tasked with answering that question. He joins Ian Bremmer on GZERO World to talk about how his organization is trying to keep the developing world from slipping further into poverty in the wake of a once-in-a-century pandemic.

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The GZERO World Podcast with Ian Bremmer. Listen now.

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