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Economic costs of a flu pandemic

Tue, 28th April, 2009 - Posted by Joshuah

However, health experts have long warned that the next flu pandemic was overdue and urged countries around the world to prepare for the dramatic economic impact of such a catastrophe.

* The World Bank estimated in 2008 that a flu pandemic could cost $3
trillion and result in a nearly 5 percent drop in world gross domestic
product. The World Bank has estimated that more than 70 million people
could die worldwide in a severe pandemic.

* Australian independent think-tank Lowy Institute for International
Policy estimated in 2006 that in the worst-case scenario, a flu
pandemic could wipe $4.4 trillion off global economic output.

Source/Full Story:: Reuters

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Category : Economics / Pestilence