12:24 GMT05 December 2020
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    Pandemic Toll

    The expense of major epidemics goes far beyond the outlays for drugs, doctors' visits, and hospitalizations. A pandemic like Ebola that lasted a year could even trigger a major global recession. While scientists are scrambling to find a cure for Ebola, the biggest challenge for economists is to measure the impact fear has on consumer confidence. Why do alarms from new cases add to stock-market jitters? Who calls for widespread travel bans? When are we going to face mass trade disruptions?

    • Пассажиры поезда в Мехико надевают маски.
      Last update: 10:00 GMT 27.11.2014
      10:00 GMT 27.11.2014

      Swine Flu Given Highest Alert Level in 2009

      In June 2009, the World Health Organization raised the worldwide pandemic alert level for swine flu to the highest possible. It meant that the disease, which originated in Mexico, had spread worldwide and there were cases of people with the virus in most countries.

      Pandemic Toll
    • Лагерь для пострадавших в Японии
      Last update: 10:00 GMT 26.11.2014
      10:00 GMT 26.11.2014

      Bird Flu Threat Still Growing

      When an outbreak of Avian influenza – also known as Avian flu or bird flu – reached its peak back in 2006 spreading throughout Asia, Europe, the Middle East and Africa, some officials called it the most serious ever known health threat facing the world.

      Pandemic Toll
    • China Ambulance
      Last update: 10:00 GMT 25.11.2014
      10:00 GMT 25.11.2014

      SARS-Related Losses

      Hong Kong’s SARS experience in 2003 showed how epidemic-stoked fears can totally cripple an advanced economy. The severe acute respiratory syndrome, which began in southern China and lasted about seven months killing just over 900 people, reduced the global GDP by $33 billion.

      Pandemic Toll
    • Last update: 10:00 GMT 24.11.2014
      10:00 GMT 24.11.2014

      Ebola’s Economic Impact

      When a pandemic happens, the economic losses come from sickness or death, but those are only the first-order effects. Next come what experts call efforts to avoid infection – reductions of air travel and consumption of numerous mass services like transport, tourism, or retail shopping.

      Pandemic Toll