What can the world learn from the Pandemia 19?

Find alone Most Important We Have Learned So far by David-19, is that How much damage can Cause from relatively mild pandemic Set the current match against the current session Historical Standards Long-term. Call it pandemic of”Soft”, does not mean to underestimate the suffering it has. has caused and will continue to cause before started: an effective vaccine program on the level Global.

But On the other hand, David-19 showed the nAre cWSocial and economic stability far greater than i Experts imagine. EsIt's important toWe understand yFrhappen That, and learn how to manageCome on. Better the impact of such diseases in the future.

On one study last David Cutler and LawRemote Summers from University HarvardIt, eAppreciates the total cost of David-19 in the United States alone in 16 trillions dollar or 75 per percent i n PRoses of BDirect BA year-long U.S.

Ready half of it is lost GDP quantum value, Valued by the Budget Office Sorted in opening order ConventionN.A.. The rest is the cost of deathwidow iPremature and Harmius healthn physically and mentally, according to commonly used values for the economy on it Rich i n Largest in the world.

They judge that thisThe total story is 4 on The big one. recession after crisisn2008 financial. If the Cost to the World Was also Set on level 75 per percent of the annual GDP, that too would be about 96. trillion dollars.With the trade rate of purchasing power equality.

I think that's a lot. is Probably an overestimate. Anyway.The cost is huge.

So far, the global death toll from Coved-19 is estimated at 1.4 million. There's almost now. 10.000 Death a day or about 3.5 million in 1 year.

If you want to Maintain this paceLong-term quantum deaths 2The first few years can reach the upper handO 5 million, or a little over 0..06 per percent of the global population. To put this in context, Grap SUnsullied, that appeared on year 1918 lasted 26 months and got somewhere between 17)100 million lives humanOr between 1) 6 for percent of the then global population.

A comparable death to David-19 today, would be between 80 and over 400 million. Some pandemics, especially the 14th century Black Death, have been far more deadly than the Spanish flu.

A 2006 report by CBO argumentT that “a pandemic involving a very virulent type of flu (as He who caused pandemic year 1918), can brought a short-term impact on the world economy, similar in depth and duration with that of recession Average in After the War happened U.S. ”

But the Spanish flu killed about 675.Thousands of Americans from the then population of only 103 million. This The figure is today equivalent to over 2 million victim. If the CBO were right, the economic impact of this pandemic would have been too Less Than He Was Really?.

A similar study for the EU Commission, published also in year 2006, Here we go. in conclusion that “opinion a pandemic will Cause of Many Human suffering, most likely not It was a threat i n hard for European macroeconomics”.

And KSo the bottom line was allBy Wrong.

So...Why has the economic damage of such a relatively pandemic been so great “Soft”? The answer is: because This is possible. People who you areiIn flockHe can easily remove hand from much of their normal daily expenses, while governments theirs canKii They support affected people and businesses on a large scale.

This is also what people from governments expect. Reaction against pandemic, is Todaya reflection of economic opportunities and social values, at least in rich countries. We are prepared to pay a great price for it%s: Pull one. Pandem. And I could.We do a lot better than before.

Some argue that the chosen methods, especially Indiscriminately blocked ones have been largely responsible for these major economic costs. They suggest that, disease (and Yes so the sick should have been allowed to continuePatching... loose while Seek Singleer ProtectionRisked.

This theme It's very controversial. One Convert EOL to LF ReasonT is that as high as it is The frequency of Disease, the more people will be determined to defend themselves, And this (the Quran) has been made distinct in the IMF World Economic Forecast.

Current experience, compared to cost-profit analysis of theoretical alternatives, i Strengthen Further Dr.iTheness of the cause forChoose a working directory completely suppress the disease, Of course Where possible. One Study i end of Institute for Thoughtin i Economic Youth, shows countries have followed two strategies: impression, or exchange of deaths Route Switch Processor The economy. In general, many countries i nSorted in opening order better on bothThere you go. The aspects. Meanwhile, places that have sacrificed livesHuman, have Felt to Have One High mortalityBut iand economic costs High.

Now, Middle i a second wave of infections and impasses in Europe, failure to continue With austerity measures Until I arrive.ist Sorted in opening order 1 Full control over the virus, as happened in first wave, Looks like be a big mistake. Of course, testing, tracking and effective quarantine, would have beenin more preferred.

But that's impossible if new cases They're close to the last levels. We have yet a lot to learn from Coddy-19, and must be)Do a This, since The next pandemic can be far more deadly than that Current. Meanwhile, we must Target Save as soon as possible from the current disaster.

This will be required a level i Up i Global cooperation. While pandemic costs have been extraordinary, for good luck The response has been too Scientific. Now vaccinessuccessful must be produced mass i n i n They spread all over the world. One important step is that all countries, including the US- on the, tKii Covax united, initiative to provide vaccines for All over the world. Global Challenges, They need global solutions.

David-19 has been a much more devastating economic companion, as the economists expected. This is one Lesson Great. An even more virulent disease, is quite possible in the future. Next time, we must)Choose a working directory till much faster New illness. Now too much people They think about freedom. But people's safety., Must remain the supreme law of politics, Today and forever. /

“The Financial Times”