Hard and Early Lockdown is the Best Strategy | Liverpool City Champion

0


A hard and early lockdown is the right strategy for dealing with COVID-19 outbreaks in terms of health and employment, according to a new study.

Research published on Saturday in the international journal PLOS One found that an early eight-week national lockdown in Australia cost $ 52 billion, or about 3% of GDP.

But without suppression measures, welfare and hospital costs as a percentage of annual GDP would have ranged from 13.1 percent ($ 263 billion) to 47.9 percent ($ 956 billion).

In addition, the country could have faced between 12,500 and 30,000 deaths, instead of just under 1,000, according to the study.

“The costs of a much delayed lockdown were much higher and included a much greater loss of life,” said co-author of the report, Professor Quentin Grafton of the Australian National University.

“If other high-income countries had imposed effective suppression measures earlier, and in particular supervised quarantine for all arrivals, they would have had COVID-19 deaths and lower economic costs. “

Lead author Professor Tom Kompas of the University of Melbourne said Victoria’s current instant lockdown was the right approach.

“Our work shows that what Victoria is doing now, with her ‘circuit breaker’ locking, is exactly the right thing to do,” said Professor Kompas.

“An uncontrolled spread of COVID, especially with newer and more aggressive strains, would be disastrous for Australia.

“Eliminating the community spread in Australia is the best for your health and the economy. There is no doubt about it.”

The authors noted that the UK had lost 128,000 lives to COVID-19 and that by 2020 it suffered its biggest annual decline (9.9%) in GDP in more than three centuries.

By comparison, Australia’s GDP is now higher than it was just before the pandemic.

Associated Australian Press



Source link

Leave A Reply

Your email address will not be published.