Monday, August 10, 2009

Effect Of Swine Flu


It can affect the global epidemic, the impact of several studies have been made. The most common one of the Aa WJ McKibbin and Sidorenko, 2006 a comprehensive economic results of research on the global influenza epidemic was. This paper that "even a mild pandemic, global gross domestic product (GDP) of about 0.8% at the cost of a global economic performance for an important end result.

McKibbin and Sidorenko newspaper on the basis of the World Bank calculates that as a result of South Asia in a negative impact on GDP, 0.6% of the epidemic course epidemiology has provided light value.
Daruma is one of the best growth of the death is not a doomsday scenario, but with a look at the table to satisfy curiosity. The pigs on a lot of hyperbole, a lot of people have died of AIDS as influenza, are at the time of an epidemic. Nor that in 1918 around the world about 50 million people were killed influenza swine flu, is something like English, an estimated 10-17 million died in India alone with, and in a strong decline in contribute economic activity. It is not just a coincidence that the economic history of the ladder data Angus Maddison, GDP 12.8% by 1918, according to Germany has increased.
The economy, health care and high cost for their absence, but also human visitors in places such as shopping centers such as the impact on demand, because of the reason is.
Especially in India because of the holiday season just around the corner is important. This, it is significant that studies have shown that the SARS epidemic in East Asia as the impact of the epidemic and other events from the collection, "exogenous shocks" as the economist's very early,. The study by New Zealand, for example, that the third quarter of 2009, the worst in the country to reduce the consumption of 1.2% for the current epidemic and does time.
But even in the case of the consumption of dropouts in the next quarter is looking for a positive 0.8%.
Until now, the country hard hit by the flu in pigs, including the impact on savings, was very small. For example, Mexico, the weighing of the disease, about 0.3% of GDP and is estimated that the cost of closing schools and businesses. Which also affected a large tourism industry is huge.
What is the effect on the market? Late April, when the flu started in Mexico's IPC stock index since the country is 29%. It seems that in the U.S. economic recovery, the growth of liquidity and an increased risk appetite of the worry about the flu is clear.

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