Large inequalities in vaccine access and policy support are the cause of these economic divergences. As of September , while almost 60 percent of the population in advanced economies are fully vaccinated, about 96 percent of the population in low-income countries are still unvaccinated. Faced with tighter financing conditions and a greater risk of de-anchoring inflation expectations, emerging and developing nations are withdrawing policy support more swiftly despite larger output shortages.
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