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The Intelligence from The Economist

Feast and famine: vaccine supply

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 17 May 2021

⏱️ ? minutes

🧾️ Download transcript

Summary

Though over 10bn doses of covid-19 vaccine may be produced this year, much of the poor world will see little of them. The supply of vaccines is much tighter than it ought to be. Our correspondent in New Delhi offers a personal reflection on India’s spiraling epidemic. And even as British museums re-open today, their future is looking shaky. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Shashank Joshi,

0:09.2

filling in for Jason Palmer. Every weekday we give you a fresh perspective on the events

0:14.4

shaping your world. Last year it looked as though India had escaped the worst of the pandemic.

0:22.1

Those hopes came crashing down in the spring. Our correspondent New Delhi gives us a personal

0:27.2

reflection on the health crisis now engulfing the country. And museums have suffered in the

0:34.2

pandemic, but British museums which reopen today are in a specially bad shape. With government

0:40.5

funding drying up they have to find new ways to survive. First up though. Farmer's

1:02.9

suitable companies could provide nearly 11 billion covid vaccine doses this year, but the

1:08.1

vaccines can't come quickly enough. In the United Kingdom a quickly spreading variant that

1:13.4

was first detected in India is worrying health officials. We believe this variant is more transmissible

1:19.4

than the previous one. It could threaten the country's planned lifting of all covid restrictions

1:24.6

by June, meanwhile indoor gatherings and homes and restaurants are allowed to resume today.

1:29.6

The UK has vaccinated much of its population at lightning speed. So following advice from the

1:35.6

joint committee on vaccination and immunisation we will accelerate remaining second doses to

1:42.5

the over 50s and those clinically vulnerable. But the prospect of variants like these is prompting

1:48.5

it to order even more doses for booster jobs than the autumn. Meanwhile America has even

1:53.4

begun vaccinating teenagers. Yet rich countries have shared relatively few doses with poor and

1:59.0

mid-ling come ones. And every new case is an opportunity for a more infectious and

2:04.3

vaccine-resistant variant to emerge. Only 0.3% of vaccine supply is going to low income

2:12.8

countries. Trickle down vaccination is not an effective strategy for fighting a deadly

2:20.5

respiratory virus. Unless global supply keeps pace with what could become an insatiable

2:25.5

vaccine demand in rich countries, it could be a long while before vaccines filter down

...

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