COVID19 VACCINE AND ECONOMIC GROWTH?

bryant.coleman

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Vaccine basically means any person who takes it of any age, gender, any climatic conditions etc should be cure the disease and should not have any side effect. So, this is what is taking time and as you mentioned that till all this condition are to fulfil WHO is not going to approve it. Hoping soon things turn out to be better for the world.

I don't agree with the first part. Vaccine does not cure any medical condition. It is a preventive medicine. There is no point in taking the vaccine, in case you have already become infected. In that case, you need to take the medicines. The normal vaccine approval process takes anywhere from 10 to 20 years, as there needs to be studies for long-term side effects. In the case of COVID 19, they are going through a hastened approval process. Even after all that, it can take up to 2 years for the process to be complete.

Buttermellow

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Vaccine basically means any person who takes it of any age, gender, any climatic conditions etc should be cure the disease and should not have any side effect. So, this is what is taking time and as you mentioned that till all this condition are to fulfil WHO is not going to approve it. Hoping soon things turn out to be better for the world.

Yeah, it is not really good to stay in this kind of situation for long. I could not do things I want to do outside because our area has high numbers of recorded cases and person under monitoring. Staying home for safety would be ideal but it would be better if we can go ourside without the threat of getting virus and probably get sick because of it.

If the vaccine will be approve hopefully it will be near enought to solve this crisis and for people to live normally again.

bryant.coleman

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Quote from: bryant.coleman on October 11, 2020, 11:28:24 AM

I don't think that it will be that delayed. Donald Trump was saying that he expect the vaccine to be available in the United States from this month onward. He also said that by December, the vaccine should reach the majority of the citizens there. Various European nations were also giving similar timelines. So by mid-2021, I expect most of the world population to be vaccinated.

Still uncertain that if in the first quarter of 2021 also we may have the vaccine available in the world, so till then there is no question of anyone getting it till the time it is confirmed the vaccine is being approved. Also once being approved how will the distribution happen will be the key.

WHO is not going to approve the vaccines unless Phase 3 trials are complete. And the issue here is that these trials involve tens of thousands of people and any indication of negative side effect reported from even one of these participants stalls the whole process. I believe China and Russia are doing the right thing, by approving the vaccine even before the Phase 3 trials are completed.

culuuton

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Mass-produced vaccines after hasty tests are extremely dangerous, I will refuse to get vaccinated even though it is free. Once the vaccine is confirmed, the economic benefits are undisputed, promoting economic resilience and increasing employment for workers. During the covid-19 pandemic, many people faced too many difficulties, hoping to get a quick and safe vaccine.

bryant.coleman

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You cannot know how the governments of different countries will actually behave in the event of a complication of the situation with covid.
Educational institutions can stop accepting children without a vaccine, so you have few choices for action. Either the vaccine and society, or its absence and isolation.

There can be coercive steps from the government, such as the one you posted. But I am not sure whether it is legally valid or not. Can the governments ban children from their classes, just because they are not vaccinated? Can they do that, especially when the side-effects of the vaccine are not well known? Legal challenges will be thrown and it will get complicated for the authorities. At the most, they can segregate the two groups and conduct teaching separately for them.

iamsheikhadil

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I think this is not a disease that can really harm anymore. The virus strain has become weaker over the course of time. Herd immunity is the necessity these days and I would prefer to get infected with the virus so that I can develop a natural immunity towards it and recover it from so it never happens to me again. Hence, I think I would refuse a not very well tested vaccine because it can have devastating effects. That's why I won't prefer it on myself.

Ayiranorea

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In recent days more fund is being allocated in large sum for the research and development of covid-19 vaccine. Compared to most other flu and virus attacks in the past, the impact of covid-19 on human beings is low. In terms of economy it is a big blow, because the economic structure and growth of the period of previous virus attacks weren't that progressive as the present.

jossiel

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Check this news, it's the most recent in UAE about COVID-19 and vaccine. They took the vaccine from China as part of the trial.

More frontliners in the UAE given Covid-19 vaccine

UAE healthcare professionals who have received COVID-19 vaccine optimistic about trial results

bryant.coleman

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Quote from: gabbie2010 on October 11, 2020, 08:17:23 AM

The most developed nations will get the vaccine by March- April 2021 all things being equal whereas other developing nations might not get inoculated until 2014 after all vaccines trials there is going to be a mass production while a special designated jumbo jets will be needed to airlift it to different countries which will takes time to be accomplished globally https://www.bbc.com/news/business-54067499 it will takes some few years before the economic growth bounce back globally, but I am quite sure we will get out of the woods within the shortest period of time.

I don't think that it will be that delayed. Donald Trump was saying that he expect the vaccine to be available in the United States from this month onward. He also said that by December, the vaccine should reach the majority of the citizens there. Various European nations were also giving similar timelines. So by mid-2021, I expect most of the world population to be vaccinated.

gabbie2010

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Quote from: Vishnu.Reang on October 11, 2020, 07:59:28 AM

Quote from: rk8814719 on October 11, 2020, 12:02:53 AM

Experts have said vaccines were likely to reach the general public in the March April 2021 drugmakers have been more ambitious with their calculations, with some firms like Moderna Inc eyeing the emergency use authorisation route to launch their shots by year end.182 vaccine candidates in pre-clinical or clinical trials across the world.36 are in clinical trials and nine in final states of human trial.best part is Some Country Covid 19 Recovery Rate Growth Like India Recovery Rate approx 80% and deat ratio 1% this good news.

By March-April 2021, almost a dozen different vaccines will be available in the market. It is going to be tricky for the governments, as they need to chose one out of this large number of potential candidates. The cost is also not uniform. For example, the price of a single dose of vaccine from the Serum Institute of India is less than $3. On the other hand, the vaccine from Moderna reportedly has a price tag of $37 per dose.

The most developed nations will get the vaccine by March- April 2021 all things being equal whereas other developing nations might not get inoculated until 2014 after all vaccines trials there is going to be a mass production while a special designated jumbo jets will be needed to airlift it to different countries which will takes time to be accomplished globally https://www.bbc.com/news/business-54067499 it will takes some few years before the economic growth bounce back globally, but I am quite sure we will get out of the woods within the shortest period of time.

Vishnu.Reang

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Quote from: rk8814719 on October 11, 2020, 12:02:53 AM

Experts have said vaccines were likely to reach the general public in the March April 2021 drugmakers have been more ambitious with their calculations, with some firms like Moderna Inc eyeing the emergency use authorisation route to launch their shots by year end.182 vaccine candidates in pre-clinical or clinical trials across the world.36 are in clinical trials and nine in final states of human trial.best part is Some Country Covid 19 Recovery Rate Growth Like India Recovery Rate approx 80% and deat ratio 1% this good news.

By March-April 2021, almost a dozen different vaccines will be available in the market. It is going to be tricky for the governments, as they need to chose one out of this large number of potential candidates. The cost is also not uniform. For example, the price of a single dose of vaccine from the Serum Institute of India is less than $3. On the other hand, the vaccine from Moderna reportedly has a price tag of $37 per dose.

rk8814719

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Experts have said vaccines were likely to reach the general public in the March April 2021 drugmakers have been more ambitious with their calculations, with some firms like Moderna Inc eyeing the emergency use authorisation route to launch their shots by year end.182 vaccine candidates in pre-clinical or clinical trials across the world.36 are in clinical trials and nine in final states of human trial.best part is Some Country Covid 19 Recovery Rate Growth Like India Recovery Rate approx 80% and deat ratio 1% this good news.

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Quote from: finaleshot2016 on October 10, 2020, 01:39:07 PM

Quote from: Apes on October 10, 2020, 06:11:19 AM

Every country is in a hurry Invent the vaccine, not just to fight the virus, But there is economic value in this finding. Because those who can find first can recover their country's economy earlier, Apart from that they can sell and make a profit.
Creating a vaccine in a hurry without standard regulations can make a new problems if those vaccine are gives bad side effects.

This makes sense, the one who will be able to create a COVID-19 vaccine that undergoes in different trials will surely hit the market and increase their economic growth. But I hope they take the making of vaccines seriously and forget about the profit they will get on it because the lives of the people are on the line if they made mistakes on creating a vaccine.

The worst part of vaccine failure is the economy will surely go down and hit the bottom rock. It's a win-win situation for the one who will create the vaccine, that's why most of the countries who have good facilities on creating medical things are in.

Every country must have serious goals in facing vaccine trials that are made for Covi-19 and if this is traded as a whole, I think they only think about profit, not the interests of the people who are now dying from vaccines, but what I know is a vaccine is coming. from china is that right? I wonder why he always makes trades more challenging because of course I think China will take advantage of the trade and grow its economy.

jossiel

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Quote from: Apes on October 10, 2020, 06:11:19 AM

Every country is in a hurry Invent the vaccine, not just to fight the virus, But there is economic value in this finding. Because those who can find first can recover their country's economy earlier, Apart from that they can sell and make a profit.
Creating a vaccine in a hurry without standard regulations can make a new problems if those vaccine are gives bad side effects.

Yes. There's economic value on it whoever goes first.

But after that, everyone will start to see various vaccines that came from different manufacturers, pharma labs and other medical societies who have proven their vaccines to be effective.

The next of it is the sales of their vaccines which will be giving if not hundreds of thousands of doses but, millions of it.

finaleshot2016

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Quote from: Apes on October 10, 2020, 06:11:19 AM

Every country is in a hurry Invent the vaccine, not just to fight the virus, But there is economic value in this finding. Because those who can find first can recover their country's economy earlier, Apart from that they can sell and make a profit.
Creating a vaccine in a hurry without standard regulations can make a new problems if those vaccine are gives bad side effects.

This makes sense, the one who will be able to create a COVID-19 vaccine that undergoes in different trials will surely hit the market and increase their economic growth. But I hope they take the making of vaccines seriously and forget about the profit they will get on it because the lives of the people are on the line if they made mistakes on creating a vaccine.

The worst part of vaccine failure is the economy will surely go down and hit the bottom rock. It's a win-win situation for the one who will create the vaccine, that's why most of the countries who have good facilities on creating medical things are in.

imstillthebest

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Quote from: Apes on October 10, 2020, 06:11:19 AM

Every country is in a hurry Invent the vaccine, not just to fight the virus, But there is economic value in this finding. Because those who can find first can recover their country's economy earlier, Apart from that they can sell and make a profit.
Creating a vaccine in a hurry without standard regulations can make a new problems if those vaccine are gives bad side effects.

selling vaccine and making a profit leads to recovery of ones economy . creating vaccine too early is not enough or cant make that countrys economy recover but they need to do something , i already said it earlier on my post .

they hurry but they also hurry not because of the profit and fame but because the virus spread so fast and they need to catch up before many lives and economy are going to damage but creating vaccine in a hurry is also not good

. the best thing they can do is to work in equal intensity , not fast and not too slow .

TheGreatPython

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Quote from: inoes on September 19, 2020, 06:25:21 PM

Is a country that is fast in producing vaccines the one who will win the war against Covid? not necessarily. because this virus is growing ... I am afraid that when the time comes for Coronavirus to evolve into a virus that cannot be fought using vaccines. like the HIV virus, because they are the same, namely weaken the immune system.
maybe thanks to the presence of vaccines the economy will grow? yes this can happen if the vaccine is safe and can have an effect.

Vaccine will be an immediate stop to the virus because while the virus is deadly and very dangerous but it is static. I mean the virus is not growing itself rather just spreading quickly which is the biggest problem with the virus.

Once a vaccine is developed there will be absolutely no problem at all because there have been really bad viruses in past but only until the vaccine is found and made available for everyone. So rest assured that while it is taking some real time to make the working vaccine but once it is made there is no way corona virus can ever again be as dangerous again.

In fact people are recovering so quickly now that the real corona virus thread is now limited to old age people only.

(o)(o)ilikeboobs(o)(o)

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I think that with the current rate of virus spread, the emergence of vaccines cannot change the economic situation. It takes more effort and effort. The release of the vaccine only changed the numbers on the exchanges. We need real manufacturing and operational services because they are what create values and jobs.
It will take more time to vaccinate all of them.
I am thinking about an economic recovery with a major stimulus package that will bring great leverage and pull the world economy back.

Apes

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Every country is in a hurry Invent the vaccine, not just to fight the virus, But there is economic value in this finding. Because those who can find first can recover their country's economy earlier, Apart from that they can sell and make a profit.
Creating a vaccine in a hurry without standard regulations can make a new problems if those vaccine are gives bad side effects.

desticy

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Quote from: bryant.coleman on September 16, 2020, 12:08:48 AM

Quote from: desticy on September 15, 2020, 07:16:27 AM

If they come to me with an offer to make a vaccine for free, I'll fuck them. I would rather have natural immunity from this disease than inject myself with any vaccine. Neither Russian nor American nor any else. I will be satisfied with being in quarantine for 14 days for any signs of a cold. Vaccines are too dubious for me, I believe in biological immunity.

I don't think that anyone is going to forcefully inject you the vaccine. It is purely voluntary. And as per some of the opinion polls, almost 50% of the population in various countries are saying that they will refuse to take the vaccine. So in any case, you will get plenty of company. And there is no need to go ballistic over this virus. The mortality rate is extremely low, if you are below 30 years of age and doesn't have any comorbidities such as obesity, hypertension and diabetes.

It is not known what the authorities will do. In some countries it will be voluntary, in others, where the mortality rate is higher, it may be made mandatory.
It is not known what the future will look like, especially in those countries where quarantine measures will be introduced for people who come from abroad. They will all need to have their Covid test results, but probably a vaccine, probably.

Topic: COVID19 VACCINE AND ECONOMIC GROWTH? (Read 1392 times)