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Health, Education, Poverty and Economy

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Submitted By meshac0
Words 594
Pages 3
HEA 207
10/05/2014

Presenting on (Health, education, poverty and Economy)
Article: (Ebola: Economic Impact Already Serious; Could Be “Catastrophic” Without Swift Response)

According to the World Bank if the Ebola virus continues to escalate in these affected countries such as Guinea, Liberia, and Sierra Leone; its economic impact could grow eight fold dealing a potentially catastrophic blow to the already fragile states. The Analysis concluded that the economic cost can be limited if the national and international respond quickly in containing the Ebola epidemic. The analysis estimates the short-term impact on output to be 2.1 percentage points of GDP in Guinea (reducing growth from 4.5 percent to 2.4 percent); 3.4 percentage points in Liberia (reducing growth from 5.9 percent to 2.5 percent); and 3.3 percentage points in Sierra Leone (reducing growth from 11.3 percent to 8 percent). This forgone output corresponds to $359 million in 2014 prices. However, if Ebola is not contained, these estimates rise to $809 million in the three countries alone. In Liberia, the hardest hit country, the High Ebola scenario sees output hit 11.7 percentage points in 2015 (reducing growth from 6.8 percent to -4.9 percent). The food prices are now rising due to response of shortages, panic buying, and speculation; which cause a dramatic impact on the economy. To help stop the spread of Ebola The World Bank Group has put together $230 million financing package for the three countries hardest hit by the Ebola crisis. This also help communities cope with the economic impact of the crisis, and improve public health systems throughout West Africa.

As we all know by now that the Ebola virus is a deadly disease that kills people within 21 days or so. The virus was discover in Congo in 1976; since the then there were repeated outbreaks of the disease in different African countries. Recently it has made it impact in three West African countries and became an international issue when people started traveling over sea with the Ebola virus. These three countries that was hit very hard has a weak economic, poor health system and high illiteracy rate. The lock of resource in these countries made it very difficult for them to contain the Ebola virus. The medical infrastructure in these countries are not reliable. Due to the civil war in Liberia the medical system was almost completely destroyed and in some parts of the country simply doesn’t exist. Also illiteracy has contributed to the problem because make it even harder for aid worker to put out a public health information campaign and explain to people how they can stop the spread of Ebola. The international community donate some money to these countries and these funds are paying for essential supplies and drugs, personal protective equipment and infection prevention control materials, health workers training, hazard pay and death benefits to Ebola health workers and volunteers, contact tracing, vehicles, data management equipment and door-to-door public health education outreach. This topic is important for the US to follow because it is an international issue.

Questions * Do you think the economy of these countries will improve any time soon? why or why not * How much difference it would have made if the international community was going to respond quickly to the Ebola outbreak? * How can the US help to improve the health system in these countries?

http://www.worldbank.org/en/news/press-release/2014/09/17/ebola-economic-impact-serious-catastrophic-swift-response-countries-international-community-world-bank

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