Any restriction on key covid-19 products could severely restrict their access to medical supplies and other critical products As covid-19 virus spreads globally, developing countries are facing a more severe humanitarian crisis compared to their more developed counterparts.
Yet, these are the economies which could face a greater shortage of coronavirus-related medical products. A new VoxEu article authored by Alvaro Espitia of World Bank and others shows that the 20 most-afflicted developing countries (which includes India) are dependent on just five countries—the European Union, the US, China, Japan and Korea—for 80% of their imports of critical covid-19 products.