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Tag Archives: health economics and policy

Pandemic prevention: avoiding another cycle of ‘panic and neglect’

Agreement is needed at international level on mechanisms to ensure better preparedness for the next pandemic. COVID-19 proved a surprise for most of the world despite a trend of increasingly frequent pathogen outbreaks in the last 40 years. Scientists warn the trend will continue. But pandemic crises typically suffer from a ‘panic-and-neglect’ cycle, in which global measures to prevent and prepare for future pandemics remain chronically deficient. Will COVID-19 be any different? It should be...

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German elections: seizing the moral and economic opportunity of global health security

The new German government should play its part in global health security and preparedness. This blog is part of a series by CGD and partnering institutions from Germany focused on presenting specific policy proposals for the next German government’s leadership on global development issues. The COVID-19 pandemic has exposed the ways in which the global health architecture was unprepared for a catastrophic health emergency, and above all, the limited and late international financing that has...

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The great infodemic: time to consider a fake news tax

A content-based tax on the revenue from digital advertising is needed to prevent the monetisation of fake news by both creators and platforms. By: Georgios Petropoulos Date: August 26, 2021 Topic: Innovation & Competition Policy In a speech delivered at the Munich Security Conference on 15 February 2020, the Director-General of the World Health Organization (WHO) noted that “fake news spreads faster and more easily than this virus, and is just as dangerous”. In fact, we are in...

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Increasing the global supply of essential medical supplies: Time for Europe to step up its global leadership

Europe has already made a significant financial contribution to beating the pandemic, now it has the oppurtunity and moral responsibility to do more. The COVID-19 pandemic is nowhere near its end at a global level. What is worse, new pandemics are likely to endanger global health in the coming decades, with severe consequences for livelihoods and economic activity. Preventing pandemics is a global public good like climate change mitigation: the world needs to act collectively to avoid...

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Fair vaccine access is a goal Europe cannot afford to miss – July update

A Global Deal for Our Pandemic Age Report of the G20 High Level Independent Panel on Financing the Global Commons for Pandemic Preparedness and Response. By: Tharman Shanmugaratnam, Lawrence H. Summers, Ngozi Okonjo-Iweala, Ana Botin, Mohamed El-Erian, Jacob Frenkel, Rebeca Grynspan, Naoko Ishii, Michael Kremer, Kiran Mazumdar-Shaw, Luis Alberto Moreno, Lucrezia Reichlin, John-Arne Røttingen, Vera Songwe, Mark Suzman, Tidjane Thiam, Jean-Claude Trichet, Ngaire Woods, ZHU Min, Masood Ahmed,...

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Pandemic leadership: beware of anecdotes

Leaders with science training have not outperformed other leaders in terms of their countries’ coronavirus responses. When the coronavirus struck in 2020, some countries with seemingly world-leading levels of pandemic preparedness turned into COVID-19 disaster zones. During March 2020, British Prime Minister Boris Johnson boasted about shaking hands with everybody, attended a rugby match and hosted a “baby shower” just two days before advising the public to stop non-essential contact. In the...

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Vaccine diplomacy: soft power lessons from China and Russia?

The rocky start to the European Union’s vaccination rollout has allowed Moscow and Beijing to score political points in the Balkans and Central and Eastern Europe. By: Michael Leigh Date: April 27, 2021 Topic: European Macroeconomics & Governance As COVID-19 continues to rage throughout Europe, China and Russia seem to be giving the European Union lessons in soft power on its home ground. Several EU members and countries nearby are turning to Beijing and Moscow for additional...

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Africa’s battle with COVID-19

How can we ensure a worldwide balanced and inclusive recovery from the Covid pandemic? Before the pandemic, Africa was experiencing unprecedented economic growth and poverty reduction. While many economies have faced disruption around the globe, emerging economies face an even tougher challenge because they lack the tools at the disposal of developed countries, whether that be vaccines, macroeconomic liquidity or the ability of the labour market to work from home. The global nature of the...

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An update: Vaccination in the EU

Progress has been made, but more progress is needed. The slow pace of COVID-19 vaccinations in the EU has been a cause of great concern, and with good reason. It is causing loss of life and well-being, as well as harm to the EU economy. When we say that the pace of vaccination is slow, it is natural to ask: compared to what? The figure below depicts the number of COVID-19 cases per day per million of population and the current rate of vaccinations per day for a broad selection of OECD...

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Keeping momentum on good governance

Transparency, human rights and good governance: a conversation with Katalin Cseh MEP By: The Sound of Economics Date: March 17, 2021 Topic: European Macroeconomics & Governance Pandemic aside, the past year has seen renewed discussions in Europe on transparency and good governance as the EU takes an unprecedented role in health policy and procurement and in the creation of common debt. As part of an ongoing effort to capture a wide range of views from the European Parliament,...

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