Vaccinationalism can cost the global economy $ 9 trillion, the ICC report says

The risk of vaccinationalism is a moral problem that can also have enormous economic consequences. A new report from the International Chamber of Commerce says that an uneven distribution of the Covid-19 vaccine could cost the global economy $ 9 trillion, and rich countries must cover half the cost. John Denton, Secretary General of the ICC, tells Jowharthat supporting the fair distribution of vaccines is not a charity; “it’s absolutely economically sound.”