Article 505CK The first economic modelling of coronavirus scenarios is grim for the world | Warwick McKibbon and Roshen Fernando for the Conversation

The first economic modelling of coronavirus scenarios is grim for the world | Warwick McKibbon and Roshen Fernando for the Conversation

by
Warwick McKibbon and Roshen Fernando for the Conve
from on (#505CK)

Global expert Warwick McKibbon, who modelled Sars and Mers epidemics, says all countries likely to experience sharp hit to growth

The Covid-19 coronavirus is spreading across the world. Initially the epicentre was China, with reported cases either in China or in travellers from China. There are now at least four further epicentres: Iran, Italy, Japan and South Korea.

Although the World Health Organization believes the number of cases in China has peaked and should fall, case reports are climbing from countries previously thought to be resilient due to stronger medical standards and practices.

Related: Coronavirus is the Coalition's GFC - but will Morrison respond as Rudd did? | Greg Jericho

Related: Coronavirus: NSW public school principals told to cancel or delay students' overseas trips

Related: Coronavirus: what power does the Australian government have over you during crisis?

This article was originally published in the Conversation

Warwick McKibbin is Chair in Public Policy at the ANU Centre for Applied Macroeconomic Analysis (CAMA), Crawford School of Public Policy at Australian National University

Roshen Fernando is a PhD Student in Economic Policy at Australian National University

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments