Counting the Cost

Why vaccine inequality is leading to lopsided economic recovery

IMF to distribute more than $200bn to help emerging and developing countries through the pandemic.

From Tunisia to South Africa, the pandemic has reopened or exposed existing economic and political challenges.

Failures to tackle unemployment, debt, rising poverty and inequalities are leading to social unrest, with no end to the health crisis in sight. As the third wave takes a grip across Africa, the International Monetary Fund (IMF) has warned the gap between rich and poor nations is widening.

Abebe Aemro Selassie, director of the African Department at the IMF, explains what is behind vaccine inequality.

And Daniel Ives, managing director of equity research at Wedbush Securities, tells us why China’s tech purge may backfire.