From pandemic to endemic, Australian style

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The COVID-19 pandemic is basically over in some parts of the world. COVID is now endemic and vaccines are available to prevent its worst outcomes. This is leading nations to open up and live with the virus. Singapore is an example:

Singapore announced plans to ease Covid restrictions on daily life and begin slightly loosening border controls, citing a vaccination rate that now ranks among the best in the world.

Dining-in will resume and group sizes will be raised to five from two on Aug. 10 for those who have been fully vaccinated, officials said, outlining a strategy that will intentionally treat those who’ve had both shots differently from those who haven’t. Work-from-home rules are expected to ease the following week. The country will also restart entry approvals for fully vaccinated foreign workers and their dependents.

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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.