Coronavirus in the developing world and the flaws of pandemic bonds

The worst effects of the Covid-19 pandemic have so far been limited to developed or relatively developed nations. But as the spread of the disease continues at breakneck speed, questions have begun to emerge about the capacity of healthcare systems to cope with the outbreaks. The numbers are staggering and medical equipment to deal with the respiratory effects caused by the virus are in short supply even in the most advanced countries.