Selected article for: "billion reach and global economy"

Author: Omoleke, Semeeh Akinwale; Mohammed, Ibrahim; Saidu, Yauba
Title: Ebola Viral Disease in West Africa: A Threat to Global Health, Economy and Political Stability
  • Document date: 2016_8_17
  • ID: tuk1l0b4_37
    Snippet: A similar pattern was observed during the 2003 Severe Acute Respiratory Syndrome, where fear associated with the outbreak was estimated to have impacted the global economy to a tune of 50 billion US Dollars irrespective of the fact that the disease only afflicted about 8000 people and caused fewer than 800 deaths. 72 A recent report by the World Bank suggests that the consequences of the current EVD outbreak on the economies of the crises nations.....
    Document: A similar pattern was observed during the 2003 Severe Acute Respiratory Syndrome, where fear associated with the outbreak was estimated to have impacted the global economy to a tune of 50 billion US Dollars irrespective of the fact that the disease only afflicted about 8000 people and caused fewer than 800 deaths. 72 A recent report by the World Bank suggests that the consequences of the current EVD outbreak on the economies of the crises nations can reach 32.6 billion US Dollars by late 2015 [roughly 2.5 times the combined 2013 gross domestic products (GDPs) of these countries]. 73 The United Nations has also estimated that roughly 1 billion US dollars is needed to address the epidemic, though this estimate seems grossly insufficient as the epidemic progresses. 74 Evidence suggests that containing 20 cases in Nigeria and 1 case in Senegal required the governments to invest 13 million and 3 million US Dollars respectively. Other associated cost includes investment on procuring screening equipment for travelers at airports and to set up treatment centers in the affected as well as other countries.

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