MIT Management: COVID-19 cases are 12 times higher than reported
The global spread of COVID-19 is significantly underreported. But we’re far from herd immunity and testing has limited value at this point. Physical distancing and masks can help.
Consider the U.K.: population 66 million, 314,000 confirmed cases of COVID-19, and 44,000 deaths. Now consider Germany: 80 million people, 195,000 confirmed cases, 9,000 deaths (as of July 1).
Notable differences.
But what accounts for these disparities? Why have COVID-19 infection rates and fatalities differed so greatly between otherwise similar countries? The reasons are complicated, dependent on connections between a sweeping range of variables, from testing and individual behavior to hospital capacity and social policy.
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WNU Editor: The study is here .... Estimating the Global Spread of COVID-19 (SSRN).