Home Capital Tong's Portfolio

Global race to recover from Covid-19

Asia Analytica
Asia Analytica12/11/2020 06:31 AM GMT+08  • 9 min read
Global race to recover from Covid-19
Last Tuesday, the UK became the first major Western country to start inoculating its population.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The Covid-19 immunisation programme is unfolding faster than anyone would have thought possible at the outset of the pandemic — or even just a few months back. A safe and effective vaccine, which usually takes years to develop, is now ready for mass distribution in less than a year. For the world, the move from containment (lockdown) to mitigation (immunisation) and normalisation cannot come soon enough.

Last week, we highlighted the different levels of lockdown stringency taken by different countries, with varying degrees of success. The overriding conclusion is that containment of this very contagious — and relatively fatal — virus is exceptionally difficult. And it comes at an extremely high cost, socially and economically.

Now that the first approved vaccine with high efficacy and no safety issue (in clinical trials) is available, there is little sense in continuing to pursue containment measures. Instead, we must move as quickly as possible towards mitigation and recovery.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now