Beijing Review

Toward the Post-Pandemic World

After the scientific victory of developing vaccines, stopping the COVID-19 pandemic is now financially and pragmatically feasible. The only obstacle now is a lack of international political will and cooperation.

Vaccine challenges

According to recent World Bank and International Monetary Fund (IMF) studies, to defeat COVID-19 countries need to aim to vaccinate at least 40 percent of their population by the end of this year and 60 percent by the middle of 2022. This will require upfront funding of $50 billion, not just pledges made at conferences. The reports add that funding should prioritize providing facilities for testing, treating and preventing infection as well as increasing the capacity to produce and distribute vaccines. Currently, poorer countries, including large parts of Africa, have a

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