The economic, social, and political impact of the ebola pandemic posted on december 15, 2014 by institute for african development , mario einaudi center for international studies video platform video management video solutions video player. Socio-economic impact of ebola in west africa 11 mar 2015 west african nations that experienced low or zero incidence of ebola have already been affected by the ebola crisis because of their deep connections with the three most affected countries. Governments and aid groups will probably spend hundreds of millions of dollars containing ebola and caring for its victims but the cost to the affected economies could well exceed the medical bills. In an effort to measure the economic impact of ebola on liberian households, the world bank, with the liberian institute of statistics and geo-information services and the gallup organization, has conducted five rounds of mobile-phone surveys, in october, november, december 2014 and january and march 2015. A recent world bank group analysis of the ebola epidemic has found that that if the virus continues to surge in the three worst-affected countries - guinea, liberia, and sierra leone - its economic impact could grow eight-fold, dealing a potentially catastrophic blow to the already fragile states.
Socio-economic impact of ebola virus disease in west african countries a call for national and regional containment, recovery and prevention united nations development group (undg) - western and. This statistic shows the macro-economic impacts of the ebola virus disease in liberia from 2014 to 2017 in 2014, the estimated gdp loss in the low ebola scenario in liberia was 1053 million us. Economics of ebola research the recent outbreak of ebola in west africa has generated global alarm attention is now turning to its economic consequences, which may add to the damage caused by the disease.
The outbreak of ebola in west africa has claimed thousands of lives -- more than 3,000 and counting -- and it has the power to take many more it also has the power to wreck the economies of one. Since march 2014, over 3,000 people have died from the relentless spread of the ebola virus throughout west africa amadou sy and amy copley take a closer look at the economic effects of the.
Much of the economic impact of ebola beyond the epicenter of directly affected west african countries is based on fear, as was the case during the sars outbreak in. Economic impacts of ebola november 22, 2014 on wednesday, november 19, the csis global health policy center hosted a discussion focused on the economic impacts of the ebola epidemic in west africa. Impact of ebola on the economy aside from the devastating health effects, the ebola epidemic also had a pronounced socio-economic impact in guinea, liberia, and sierra leone according to 2014 projections from the world bank 3 , an estimated $22 billion was lost in 2015 in the gross domestic product (gdp) 4 of the three countries. This statistic shows the macro-economic impacts of the ebola virus disease in west africa from 2014 to 2017 in 2014, the estimated gdp loss in west africa in the low ebola scenario was 18.
More than 1,900 people have so far died from ebola in the four affected west african countries, but many more will suffer the economic consequences. The economic impact of ebola means children missing meals and school lessons, and parents missing economic opportunities this report draws on the array of skills within the world bank group. While the human costs of the 2014 ebola outbreak that devastated west africa were obvious, the economic impacts of the crisis were poorly understood.
With more than 1,300 reported deaths from ebola in west africa, the virus continues to be an urgent health crisis, but it is also having a devastating impact on the economies of guinea, liberia. The economic impact of the current ebola outbreak is estimated from as little as $3 billion to as much as $40 billion seasonal flu happens every year but pandemic flu only occurred three times during the entire 20th century. January 2015 socio-economic impacts of ebola the present study assesses the socioeconomic impact of the disease on the affected countries and africa as a whole. How the cost of ebola damaged the entire african economy the world bank's initially estimated the economic impact at over us$30 billion for guinea, liberia and sierra leone this was later.
Socio-economic impact of ebola virus disease in west african countries a call for national and regional containment, recovery and prevention united nations development group (undg) - western and central africa. Cost of the ebola epidemic estimated gdp growth based on world bank 2014 projections impact of ebola on the economy impact of ebola on the healthcare system. The world bank's assessment said the economic impact of ebola is already serious in the three countries and could be catastrophic if it becomes a more regional health crisis.