The Economic Impact of the 2014 Ebola Epidemic: Short- and Medium-Term Estimates for West Africa (by The World Bank)


Author(s): The World Bank

Publisher: World Bank Publications
Publish date: 2014-11-26
ISBN-10: 1464804389
ISBN-13: 9781464804380
Language: English
Description: Beyond its terrible toll in human lives and suffering, the Ebola
epidemic has inflicted a measurable economic impact on West Africa
in terms of forgone output, higher fiscal deficits, rising prices,
lower real household incomes, and greater poverty. This impact
results partly from the health-care costs and forgone productivity
associated with being infected, but it is driven principally by the
efforts of the uninfected population to avoid exposure ('aversion
behavior'). The Economic Impact of the 2014 Ebola Epidemic: Short-
and Medium-Term Estimates for West Africa provides a mixed methods
analysis of the economic impact, combining theory on the… more…

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