NEW YORK (Reuters) – The economies of the Philippines, Peru, Colombia, South Africa and Thailand are among the most vulnerable to the Delta variant of Covid-19 in emerging markets, primarily due to low levels of vaccination, an analysis by JPMorgan showed in this report. Thursday.
The analysis looks at the spread of the Delta variant of the virus compared to the pace of immunization, which in some countries is not accelerating enough to offset the higher rates of transmission.
Even if the Delta variant results in lower hospitalization and mortality rates, the report said, pressure on health systems and a greater absolute number of deaths could come, likely increasing charges on some governments to extend or re-impose mobility restrictions.
A separate note from Oxford Economics showed a strong recovery in economic activity in Latin America due to gains in mobility.
JPMorgan’s analysis concluded that the minimum vaccination thresholds for returning mobility to normal vary from country to country – so it is best to consider the results as relative performance from one country to another.
“The model’s estimates suggest that the Philippines, Peru, South Africa, Thailand and Colombia face the longest journeys back to pre-pandemic levels of mobility, while Singapore, Turkey, India and Brazil have the shortest journeys.”
In Latin America, governments are less likely to impose or increase mobility restrictions, the report said.
(By Rodrigo Camposl)
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