This paper discusses about the effects of Severe Acute Respiratory Syndrome to the worldwide economy, particuly in Canada, Singapore and China.
Written in 2003; 917 words; 3 sources; MLA; $ 32.95
Paper Summary:
SARS has known to have a negative effect on the worldwide economies. This paper discusses these effects, among them are reduction in GDP, the decrease in inflation rate, increase in unemployment and the effects on the current account balance.
From the Paper:
"Severe Acute Respiratory Syndrome (SARS) emerged in southern China by the end of 2002. Failing to stop this syndrome from spreading, SARS had since then become a worldwide epidemic. Research has shown that SARS spreads by direct human contact or contact with infectious material (Thurow 2003). This results the World Health Organization to issue an advisory against non-essential travel to affected countries especially Canada, Singapore, Hong Kong and China. It said that, this syndrome has a potential to rival the Black Death in the Middle Ages."
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