{"id":70829,"date":"2021-03-23T11:31:20","date_gmt":"2021-03-23T15:31:20","guid":{"rendered":"https:\/\/schillerinstitute.com\/?p=70829"},"modified":"2021-03-23T11:31:23","modified_gmt":"2021-03-23T15:31:23","slug":"african-development-bank-president-no-economic-justice-without-vaccine-justice","status":"publish","type":"post","link":"https:\/\/schillerinstitute.com\/es\/blog\/2021\/03\/23\/african-development-bank-president-no-economic-justice-without-vaccine-justice\/","title":{"rendered":"African Development Bank President: No Economic Justice Without `Vaccine Justice\u2019"},"content":{"rendered":"\n

Mar. 22 (EIRNS)–Africa needs \u00abglobal solidarity and vaccine justice,\u00bb were the words of African Development Bank (AfDB) President Dr. Akinwumi Adesina on Friday, March 19. Adesina launched the Bank\u2019s {African Economic Outlook 2021} report, and decried the economic effects that the lack of Covid-19 vaccines was having on Africa. The connection of global health with global economic recovery was paramount. With Adesina was economist and Nobel laureate (2001) Joseph Stiglitz, who in addition to endorsing an increased \u00abhealthcare defense,\u00bb for the continent, also endorsed the idea of \u00abdebt restructuring,\u00bb a topic first raised by his African host.
            The AfDB president implicitly addressed the idea of global health, saying that \u00abas long as Africans remain unvaccinated, the world will go right back to square one,\u00bb something no amount of imperial \u2018vaccine passports\u2019 could prevent. \u00abAfrica needs to develop its pharmaceutical industry and begin manufacturing,\u00bb he said, adding that \u00abthe African Development Bank is going to support African countries to do this.\u00bb
            Supporting this position, Stiglitz said, \u00abOne of the things that some of us have been campaigning for is the suspension of the intellectual property rights related to Covid-19 because {the supply constraint that you describe is at least, to some extent, artificial}\u2026 If access to the intellectual property rights were more extensive, there is throughout the emerging markets and developing countries considerable capacity to produce a lot of more vaccines.\u00bb <\/span>
            Speaking of the debt, Stiglitz noted that \u00abevery country has bankruptcy laws, but there\u2019s no bankruptcy law for international debt\u2026. When there\u2019s too much debt, it\u2019s as much the creditor\u2019s problem as the debtor\u2019s problem.\u00bb Stiglitz said the G20 debt postponement took place when it seemed the pandemic might only last a few months. \u00abNow … a standstill is not enough.\u00bb
He added that it was in the self-interest of advanced countries to make sure that everybody has access to the vaccine and other related medicines. \u00abThe longer the disease festers in any part of the world, it can mutate, and one of the things we know is that those mutations are not going to respect borders. The Covid-19 virus doesn\u2019t carry a passport.\u00bb
            Other notable African voices that have called for \u00abvaccine justice\u00bb for Africa are those of South African President and recent African Union chair Cyril Ramaphosa, WHO Director General Tedros Adhanom Ghebreyesus, and Director of the Africa Centers for Disease Control and Prevention, Dr. John Nkengasong.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mar. 22 (EIRNS)–Africa needs \u00abglobal solidarity and vaccine justice,\u00bb were the words of African Development Bank (AfDB) President Dr. Akinwumi Adesina on Friday, March 19. Adesina launched the Bank\u2019s {African Economic Outlook 2021} report, and decried the economic effects that the lack of Covid-19 vaccines was having on Africa. The connection of global health with […]<\/p>\n","protected":false},"author":37,"featured_media":70830,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[643,520,505,508,639],"tags":[842],"class_list":["post-70829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-covid-19","category-updates-development","category-updates","category-updates-geopolitics","category-global-diplomacy","tag-lang-en"],"_links":{"self":[{"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/posts\/70829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/comments?post=70829"}],"version-history":[{"count":1,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/posts\/70829\/revisions"}],"predecessor-version":[{"id":70840,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/posts\/70829\/revisions\/70840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/media\/70830"}],"wp:attachment":[{"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/media?parent=70829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/categories?post=70829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/schillerinstitute.com\/es\/wp-json\/wp\/v2\/tags?post=70829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}