DP16372 How many lives could be saved through the early sharing of vaccines globally?

Author(s): Mehdi Benatiya Andaloussi, Antonio Spilimbergo
Publication Date: July 2021
Keyword(s): equitable distribution, Vaccines
JEL(s):
Programme Areas: Public Economics, International Trade and Regional Economics, Development Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=16372

Vaccination is proceeding along national lines. While over 50 percent of the population in many advanced countries has been vaccinated, the vaccination rate in the rest of the world is lagging and substantial coverage is expected only in few months. This paper presents a thought experiment of distributing vaccines to the individuals at risks in every country after a substantial share of the population in surplus countries is vaccinated. Under reasonable assumptions, 400 to 800 thousand lives could be saved between June and December 2021, through the early sharing of vaccine surpluses across countries.