As Asian Economies Stall, World Braces for Fallout | Voice of America
Even as the U.S. and European economies bounce back from the depths of last year’s pandemic-induced recession, businessmen and economists are increasingly concerned that no country can count on a return to prosperity until the coronavirus is beaten back everywhere.
Nongovernmental organizations, such as the World Health Organization, have for months been sounding the alarm about the lack of access to vaccines in the developing world. The growing concern about the impact of a new surge of the virus on the global economy, though, is now is driving U.S. businesses to plead with the Biden administration to prioritize the provision of COVID-19 vaccines to hard-hit developing nations that play a key role in the global supply chain.
“I am writing to urge you to immediately ramp up distribution of excess U.S. vaccines to Vietnam and other key partner countries,” wrote Steve Lamar, president and chief executive of the American…