Covid vaccine crisis may be the last straw for the postwar economic consensus | Mohamed el-Erian

With an unfair, inefficient global rollout, the west is squandering trust and risking its own prosperity

The proper functioning of any interconnected economic system depends on trust. And a global system that has been designed by advanced economies requires a significant level of buy-in from the developing world. Both become even more important as more developing economies, led by China, gain systemic importance.

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