Frederick Abbott News Today

The WTO was supposed to meet this week to consider a proposal that has been languishing for the past year: a temporary waiver of pharmaceutical intellectual property (IP) during the COVID-19 pandemic to allow poor countries to make many of the same tests, treatments and vaccines that rich countries have had throughout the pandemic. Yet, in a cruel reminder of the urgency of the problem, the WTO meeting was postponed, owing to the emergence of the Omicron variant of SARS-CoV2, detected by scient...

By Joseph E. Stiglitz, Achal Prabhala and Felipe Carvalho

The World Trade Organization was expected to meet the past week to consider a proposal that has been languishing for the past year: a temporary waiver of pharmaceutical intellectual property during the pandemic to allow poor countries to make many of the same tests, treatments, and vaccines that rich countries have had throughout the pandemic. Yet in a cruel reminder of the urgency of the problem, the WTO meeting was postponed, owing to the Omicron variant, detected by scientists in South Africa...

By Joseph E. Stiglitz, Achal Prabhala and Felipe Carvalho

The World Trade Organization was supposed to meet this week to consider a proposal that has been languishing for the past year:

Joseph E. Stiglitz, Achal Prabhala and Felipe Carvalho think the country’s lawmakers have the right idea about overriding corporate monopolies on vaccines.