This week's European Economic Experts Panel statements:
A) Removing intellectual property protections on Covid-19 vaccines would substantially improve availability of the vaccines in developing countries.
B) Removing intellectual property protections on Covid-19 vaccines would have a negative impact on vaccine development efforts for future variants of SARS-CoV-2 or for the next pandemic.
C) Without an international agreement that facilitates vaccine trade, countries’ incentives to limit exports of vaccines and/or key production inputs are likely to prolong the adverse effects of the pandemic in advanced countries.
Keyword: trade barriers
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This week's US Economic Experts Panel statements:
A) Removing intellectual property protections on Covid-19 vaccines would substantially improve availability of the vaccines in developing countries.
B) Removing intellectual property protections on Covid-19 vaccines would have a negative impact on vaccine development efforts for future variants of SARS-CoV-2 or for the next pandemic.
C) Without an international agreement that facilitates vaccine trade, countries’ incentives to limit exports of vaccines and/or key production inputs are likely to prolong the adverse effects of the pandemic in advanced countries.
This week’s IGM Economic Experts Panel statement:
The current trade barriers in the U.S. sugar industry raise the profits of sugar producers and make the typical U.S. consumer pay more for sugar and goods that use sugar as an input.
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