“In July, the I.M.F. estimated that an investment of $50 billion in a comprehensive campaign for vaccination and other virus control efforts would generate some $9 trillion in additional global output by 2025 — a ratio of 180 to 1. What investment could hope to yield a higher rate of return? And yet none of the members of the Group of 20 have stepped up, not Europe, not the United States, not even China. Billions of people will be forced to wait until 2023 to receive even their first shot.”

Adam Tooze, What if the Coronavirus Crisis Is Just a Trial Run?