The pandemic is not over. While the summer of this year is very different from the summer of 2020, because we now have vaccines, treatments, and a better understanding of the virus, it's not enough. Every week, 15,000 people still die from Covid-19. Poorer countries still struggle to deploy vaccines, tests, diagnostics and other tools. And countries at all income levels remain woefully unprepared for the next pandemic, even though experts warn that its arrival is a matter of "when", not "if".
.)RPP( esnopser dna ssenderaperp cimednap devorpmi troppus ot gnicnanif evitcelloc dna ,noitaroballoc ,noitanidrooc retaerg rof deen eht degdelwonkca evah sredael labolg ,cimednap 91-divoC eht fo gninnigeb eht ecniS
.gnicnanif RPP ni pag launna )thab noillib 283 revo( noillib 5.01$SU eht llif pleh ot -- noitazinagrO htlaeH dlroW eht htiw pihsrentrap ni ,knaB dlroW eht yb detsoh -- )FIF( dnuF yraidemretnI laicnaniF wen a hsilbatse ot enuJ tsal deerga 02G eht ,lenaP tnednepednI leveL-hgiH a fo snoitadnemmocer eht gniwolloF
.tcejorp "tnempoleved" rehtona tsuj sa deweiv si RPP erehw ,ouq sutats yraicifeneb-ronod evitceffeni dna detadtuo eht morf yawa gnivom naem dluow sihT .stifeneb evitcelloc emas eht paer dluow lla dna ,gnirahs-nedrub dna gnikam-noisiced ni etapicitrap dluow seirtnuoc lla ,metsys troppus RPP labolg denrevog ylevisulcni erom a rednU .)etamilc ro( htlaeh ekil sdoog nommoc labolg sserdda ylevitcelloc ew woh egnahc ot ytinutroppo eudrevo-gnol a sa FIF eht ees ynaM
.noitcartsid emosnedrub dna detnawnu na emoceb ylkciuq lliw FIF eht ,seigetarts RPP lanoitan nwo rieht fo taes s'revird eht ni era yeht ekil leef t'nod seirtnuoc emocni-elddim dna -wol fI .ytilaer lanoitarepo na emoceb lliw stseretni fo ecnalab lamrof siht rehtehw si won noitseuq eht tuB .seirtnuoc gnitapicitrap dna sronod hcir neewteb ylneve tilps gnikam-noisiced htiw ,ledom ecnanrevog decnalab dna elbatiuqe erom a ydobme ot dengised gnieb si FIF eht ,yteicos livic dna seirtnuoc reroop yb ycacovda tnacifingis retfA
.knaB dlroW eht ot gnidrocca ,deen gnicnanif RPP launna s'dlrow eht fo htnet-eno dnuora si hcihw ,noillib 4.1$ tsuj latot raf os segdelp FIF ,yletanutrofnU .reffo no yenom elttil si ereht fi ylekil erom neve si emoctuo sihT
.erutuf eht rof llew edob ton seod -- sdnuf htlaeh labolg tnatropmi rehto morf gnisilabinnac eb ot sraeppa hcihw fo hcum -- hsup gnicnanif laitini s'FIF eht ot esnopser labolg dipet ehT .raey lacsif 32–2202 eht rof pag gnidnuf noillib 2.51$ a sah llits -- ytilicaf ssecca-eniccav xavoC labolg eht stsoh hcihw -- rotareleccA )TCA( slooT 91-divoC ot sseccA ehT .gnidnuf rieht hsinelper ot snoitutitsni rehto dna ,snoitavonnI ssenderaperP cimedipE rof noitilaoC eht ,dnuF labolG eht fo selggurts tnerruc eht yb detartsnomed sa ,mret gnol eht revo deniatsus eb lliw gnidnuf hcus taht eetnaraug on si ereht ,esroW
.smetsys htlaeh lanoitan si sessim ti taht aera rojam enO .sdeen gnicnanif RPP labolg fo trap llams a ylno tegrat ot dengised si FIF eht ,melborp a ton saw seirtnuoc hcir dethgis-trohs morf gnisiardnuf fi neve ,revoeroM
.sesaesid rehto dna 91-divoC ot ytilibarenluv sesaercni osla hcihw thgir nwo sti ni egnellahc suomrone na -- sdiA/VIH gnitabmoc ekil seitiroirp htlaeh-cilbup lacitirc morf yawa yenom dellennahc sah 91-divoC dnA .esaesid suoitcefni ot ytilibarenluv s'nerdlihc fo snoillim gnisaercni ,sticifed gninnur won era semmargorp noitaniccav ediwdlrow gnidnatsgnol ,elpmaxe roF
.htlaeh ni tsevni ot ecaps lacsif 'seirtnuoc reroop gnidnapxe ot sehcaorppa evitaerc dna evisneherpmoc erom dna ,noillib 4.1$ detegrat ylworran dna ergaem ylevitaler eht dnoyeb llew gniog ,seirtnuoc emocni-elddim dna -wol ni smetsys htlaeh rof gnicnanif ni esaercni evissam a seriuqer stroffe RPP s'FIF eht fo sseccus ehT
.senacirruh gnitatsaved fo seires a gniwollof ,gnirutcurtser tbed tnecer sti ni decudortni ti taht esualc retsasid-larutan eht srorrim noitavonni sihT .cimednap a fo tneve eht ni stnemyaper tbed dnepsus ot ti gniwolla ,sdnob ngierevos sti ni "esualc cimednap" a edulcni ot yrtnuoc tsrif eht emoceb ot tuoba si sodabraB ,pihsredael cimanyd s'yelttoM aiM retsiniM emirP rednu ,elpmaxe roF
.essam ne meht gnitpoda trats dluohs seirtnuoc emocni-elddim dna -woL .reniarb-on a era sesualc hcus -- sretsasid detaler-etamilc dna ,ytirucesni doof ,noitalfni yb dednuopmoc neeb evah hcihw -- tbed fo slevel detnedecerpnu s'yadot neviG
.sesirc cimonoceoicos dna ,htlaeh ,etamilc gnisilibatsed ylrettu gnicaf era yeht nehw neve sevreser ni yenom peek dna gnidneps cilbup tuc ot seirtnuoc ecrof yltnetsisnoc hcihw ,semmargorp ytiretsua gnitatsaved dna yrartibra sti morf yawa evom tsum FMI eht taht gniyas tuohtiw og dluohs ti dnA .sdnuf egdeh naeporuE dna SU gniyaper dna senicidem laitnesse gniyub neewteb esoohc ot evah t'nod seirtnuoc taht os ,msinahcem "spaws htlaeh-ot-tbed" suoitibma erom a gnipoleved no dael eht ekat ot sdeen dnuF yratenoM lanoitanretnI eht ,trap sti roF
.sevitaitini htlaeh labolg gnicnanif rof krowemarf eht ot smrofer rojam yb deinapmocca si ti fi ylno tub ,cimednap txen eht rof dlrow eht gniraperp drawot sdaorni lacitirc ekam dluoc FIF dednuf-llew dna denrevog ylevisulcni nA
.dnuow tohsnug a no dia-dnab a gnimoceb sksir FIF eht ,seimonoce 'seirtnuoc emocni-elddim dna -wol esilibats ot stroffe feiler dna gnicruoser etaidemmi dna redaorb tuohtiWetacidnyS tcejorP 2202©
Mariana Mazzucato
Sussex economics professor
Mariana Mazzucato, a professor of economics at SPRU at the University of Sussex, wrote 'The Entrepreneurial State: Debunking Public vs Private Sector Myths'.