Vaccination May Not Be a Panacea for Economic Growth

(26 May 2021) From the time that the COVID-19 pandemic hit the global economy in the first quarter of 2020, progress in vaccination and vaccine efficacy have been cited by international organizations and research institutions as a key factor for economic recovery. The first COVID-19 vaccination programs launched in December 2020, and by the end of March 2021 countries like Israel, the UK, and the US had already made considerable vaccination progress. An analysis of the latest available data...