How severe is Australian vaccine hesitancy?

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I have recorded at length the sad and sorry policy process that led the Morrison Government to hang its hat on the Astra Zeneca vaccine, which included politically driven timelines and dubious Liberal Party connections, mistakes and questionable data at the trial stage, and failure to anticipate all kinds of logistical challenges including for doctors.

More recently, Europe was seized by a medical panic around thrombosis risks that have now been isolated as applying to rare conditions that are easily treated.

Today BofA asks what the economic implications are for Europe (and therefore Australia) of its delayed vaccine rollout:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.