24.Nov .2020 22:54

Bloomberg: Best & Worst Places to Be in the Coronavirus Era

Bloomberg: Best & Worst Places to Be in the Coronavirus Era
views 640
Back

Bloomberg: As Covid-19 has spread around the world, it’s challenged preconceptions about which places would best tackle the worst public health crisis in a generation.
 
Advanced economies like the U.S. and U.K., ranked by various pre-2020 measures as being the most prepared for a pandemic, have been repeatedly overwhelmed by infections and face a return to costly lockdowns. Meanwhile, other countries—even developing nations—have defied expectations, some all but eliminating the pathogen within their borders.
 
Bloomberg crunched the numbers to determine the best places to be in the coronavirus era: where has the virus been handled most effectively with the least amount of disruption to business and society?
 
The Covid Resilience Ranking scores economies of more than $200 billion on 10 key metrics: from growth in virus cases to the overall mortality rate, testing capabilities and the vaccine supply agreements places have forged. The capacity of the local health-care system, the impact of virus-related restrictions like lockdowns on the economy, and citizens’ freedom of movement is also taken into account.
 
The result is an overall score that’s a snapshot of how the pandemic is playing out in these 53 places right now. By ranking their access to a coronavirus vaccine, we also provide a window into how these economies’ fortunes may shift in the future. It’s not a final verdict, nor could it ever be with imperfections in virus data and the fast pace of this crisis, which has seen subsequent waves confound places that handled things well the first time around. Circumstance and pure luck also play a role but are hard to quantify.
 
The Ranking will change as countries switch up their strategies, the weather shifts and the race intensifies for a viable inoculation. Still, the gap that has opened up between those economies at the top and those at the bottom is likely to endure, with potentially lasting consequences in the post-Covid world.
 
Read more here.