The wealth and health of nations
Friday, March 13, 2020
NEW YORK: COVID-19’s implications for the global economy are highly uncertain but potentially disastrous. As of March 5, the World Health Organisation had identified 85 countries and territories with active COVID-19 cases – an increase from 50 countries the previous week.
More than 100,000 cases and 3,800 deaths have been reported worldwide, and these figures almost certainly understate the scale and scope of the outbreak. To understand how the epidemic could cause a global recession (or worse), one need only Adam Smith’s Wealth of Nations, Book I, Chapter Three:
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...