Bloomberg: How Pandemic Bonds Became the World’s Most Controversial Investment
“…As Covid-19’s devastating human and economic tolls continue to rise, the controversy over pandemic bonds is part of a wider debate over how policy makers should respond to viral outbreaks and who should foot the bill. The harshest critics of the World Bank’s experiment have questioned whether it’s appropriate to tie responsibility for public health to private investment at all. Others stop short of rejecting the premise wholesale, calling instead for more innovation and perseverance…” (Alloway/Vossos).