A new working paper has been published on the impact of the global COVID-19 vaccination campaign on all-cause mortality. Through examining all-cause mortality across 141 countries, researchers found that the vaccination campaign averted 2.4 million excess deaths, valued at US$6.5 trillion.
When modeling an equitable counterfactual distribution of vaccines, with vaccination in each country proportional to its population, it was found that this would have saved approximately 670,000 more lives, though reduced the total value of averted deaths by $1.8 trillion due to redistribution of vaccines from high-income to low-income countries.
© 2023 by Virat Agrawal, Neeraj Sood, and Christopher M. Whaley. All rights reserved
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