Could travel bubbles offer a route to economic recovery?

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Governments want to restore travel links. One idea gaining favour is to create travel bubbles for countries that have contained the virus

a painful fact to contemplate during these locked-down days, but last year the world was more mobile than ever, with people taking 4.6bn flights. In April this year, though, planes carried just 47m passengers; that level of mobility, annualised, would set the clocks back to 1978. The virtual halt to travel has exacerbated the global economy’s woes, complicating trade ties, upending business and devastating the tourism industry. Little wonder that governments want to restore links.

But in the same way that regional trade deals are more efficient than bilateral pacts, the economic benefits from making the bubbles bigger would be greater. Based on an analysis of infection data,sees two large zones that could emerge as bubbles, subsuming the smaller ones that are now being formed.

The bubbles would have spillovers beyond their boundaries, positive and negative. Much trade these days is in services, not goods, requiring less of a physical presence. Britain would be outside the Baltic-to-Adriatic bubble, but London’s financiers would still hope for business, even if they could not visit their clients. Or if, for instance, Vietnam enters the Asia-Pacific bubble and Indonesia does not, investment that might have flowed to the latter could be diverted to the former.

The ideal is “clean” bubbles. For these to work, countries first have to control infections domestically, says Teo Yik Ying, dean of the Saw Swee Hock School of Public Health at the National University of Singapore. Then they have to be open with their partners: sharing data about infection levels and testing, and disclosing how they trace and isolate those who might have the virus. “This will all be underpinned by trust between governments,” Mr Teo says.

 

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Obamagate

Obamagate👎👎👎

Goodbye 20 page booklets of country entry stamps. Hello multilateral travel data interoperability.

Tough times ahead. Travel bubbles might help for a start; but going back to heady levels of 2019 will need travel streams across the globe; this might happen only in the 4Q of 2021.

The new visa.

The economic gains would be large but the health requirements could be vexing.

bubbles as viruscontainers: „but thats my holiday xperience“

The app on iPad and iPhone has battery drain issues, downloaded audio still requires internet connection to play, play time per article displayed not consistent, please fix... zannymb

Actually it's simple: 1) Open everything. 2) The media and government can continue to give out information and guidance about coronavirus. 3) Make no demands. 4) Let people take personal responsibility.

Is this picture supposed to look like a cartoon person with an STD mooning us?

Interesting

TheCryptoDog The whole idea is built upon an imaginary world. Who cares about any of this shit for an illness that only kills 0.1% of 1 percent of its victims?

Purged the virus would be a better description, tolerating a low level of infection with a massive social cost associated of permanent social distancing & flare up risks (not to mention deaths) is a terrible idea. Invest in solution & prevention now while its cheap to do so.

The US will be the last to join the party.... I'm all for it, though (if done well).

Some thoughts on this topic.

Why not build walls? The bubble will last 24hrs, may be.

Sounds a lot like a 'Least Favored Nation' travel ban.

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