The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone

The 2014 outbreak of the Ebola Virus Disease in West Africa has taken a horrible human toll. Although the outbreak originated in rural Guinea, it has hit hardest in Liberia and Sierra Leone, in part because it has reached urban areas in these two c...

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Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
GDP
TAX
WFP
Online Access:http://documents.worldbank.org/curated/en/2014/09/20214465/economic-impact-2014-ebola-epidemic-short-medium-term-estimates-guinea-liberia-sierra-leone
http://hdl.handle.net/10986/20218
id okr-10986-20218
recordtype oai_dc
spelling okr-10986-202182021-04-23T14:03:54Z The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone World Bank ADVERSE CONSEQUENCES ADVERSE EFFECT ADVERSE EFFECTS AGED AGRICULTURAL GROWTH AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE AIRPORT AIRPORTS AVIAN INFLUENZA BARS BEER BEVERAGES BORDER TRAFFIC BOTTLED WATER BOTTLENECKS BREWERY CANDLES CAPITAL FLIGHT CASSAVA CENTRAL BANK COCOA CONSTRUCTION INDUSTRY CONSUMER PRICE INDEX CONTAGION CONTAINERS CROSSINGS DEMAND FOR FOOD DIESEL DISEASE DISEASE OUTBREAKS DISEASE SURVEILLANCE DISEASES DOMESTIC TRANSPORT DOMESTIC TRAVEL EBOLA EBOLA VIRUS ECONOMIC FORECASTING ECONOMIC IMPACT ECONOMIC RISK ECONOMIC SECTORS EDIBLE OILS EMERGENCY MEASURES EMERGENCY RESPONSE EMERGENCY TREATMENT EPIDEMIC EPIDEMICS EXCHANGE RATES EXPORTS FAMILIES FOOD IMPORTS FOOD INSECURITY FOOD PRICES FOOD PRODUCTION FOOD RATIONS FOOD SECURITY FOOD STAPLES FOOD STOCKS FOODS FORECASTS FRUIT FUEL FUEL PRICES GDP GROWTH RATE HAZARD HEALTH CARE HEALTH SERVICES HEALTH WORKERS HOSPITALS INFECTION INFLATION INFLUENZA INFLUENZA CONTROL INTERNATIONAL FLIGHTS INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INTERNATIONAL TRAVEL IRON ISOLATION LEADING INDICATORS MACROECONOMIC ACTIVITY MALNUTRITION MARKETING MIGRATION MOBILITY MORBIDITY MORTALITY NURSES NUTRITION OILS & FATS PALM OIL PANDEMIC PREPAREDNESS PASSENGERS PATIENTS PER CAPITA INCOME PLASTICS PRICE INCREASES PUBLIC HEALTH REAL GDP RESTAURANTS RICE ROAD ROOMS RUBBER SAFETY SOFT DRINKS SPILLOVER IMPACTS TAX TAX REVENUE TAXIS TOLL TOTAL REVENUE TRAFFIC TRANSIT TRANSIT TRADE TRANSPORT TRANSPORT SECTOR TRANSPORTATION TRAVELERS TREATMENT TRUE VICTIMS WFP WHEAT WORKERS WORLD FOOD PROGRAM The 2014 outbreak of the Ebola Virus Disease in West Africa has taken a horrible human toll. Although the outbreak originated in rural Guinea, it has hit hardest in Liberia and Sierra Leone, in part because it has reached urban areas in these two countries, a factor that distinguishes this outbreak from previous episodes elsewhere. As of September 10, 2014, there had been 2,281 recorded deaths out of 4,614 suspected or confirmed cases of Ebola. Experts fear that the true numbers may be two to four times larger, due to underreporting. Misery and suffering have been intense, especially in Liberia where doctors have had to turning patients away for lack of space in Ebola treatment centers. Inevitably, before the outbreak is contained the human impacts will increase considerably over these numbers. Epidemiological estimates are acknowledged as highly uncertain and are not the subject of this note. What is certain is that limiting the human cost will require significant financial resources and a concerted partnership between international partners and the affected countries. Particularly in Liberia and Sierra Leone, government capacity is already overrun and the epidemic is impacting macroeconomic activity and budgetary resources. This note informs the response to the epidemic by estimating these macroeconomic and fiscal effects. Any such exercise is necessarily highly imprecise due to limited data and many uncertain factors, but it is still necessary in order to plan the economic assistance that must accompany the immediate humanitarian response. The goal is to help affected countries to recover and return to the robust economic growth they had experienced until the offset of this crisis. 2014-09-17T20:19:59Z 2014-09-17T20:19:59Z 2014-09-17 http://documents.worldbank.org/curated/en/2014/09/20214465/economic-impact-2014-ebola-epidemic-short-medium-term-estimates-guinea-liberia-sierra-leone http://hdl.handle.net/10986/20218 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research Africa Guinea Liberia Sierra Leone
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERSE CONSEQUENCES
ADVERSE EFFECT
ADVERSE EFFECTS
AGED
AGRICULTURAL GROWTH
AGRICULTURAL OUTPUT
AGRICULTURAL PRODUCTION
AGRICULTURE
AIRPORT
AIRPORTS
AVIAN INFLUENZA
BARS
BEER
BEVERAGES
BORDER TRAFFIC
BOTTLED WATER
BOTTLENECKS
BREWERY
CANDLES
CAPITAL FLIGHT
CASSAVA
CENTRAL BANK
COCOA
CONSTRUCTION INDUSTRY
CONSUMER PRICE INDEX
CONTAGION
CONTAINERS
CROSSINGS
DEMAND FOR FOOD
DIESEL
DISEASE
DISEASE OUTBREAKS
DISEASE SURVEILLANCE
DISEASES
DOMESTIC TRANSPORT
DOMESTIC TRAVEL
EBOLA
EBOLA VIRUS
ECONOMIC FORECASTING
ECONOMIC IMPACT
ECONOMIC RISK
ECONOMIC SECTORS
EDIBLE OILS
EMERGENCY MEASURES
EMERGENCY RESPONSE
EMERGENCY TREATMENT
EPIDEMIC
EPIDEMICS
EXCHANGE RATES
EXPORTS
FAMILIES
FOOD IMPORTS
FOOD INSECURITY
FOOD PRICES
FOOD PRODUCTION
FOOD RATIONS
FOOD SECURITY
FOOD STAPLES
FOOD STOCKS
FOODS
FORECASTS
FRUIT
FUEL
FUEL PRICES
GDP
GROWTH RATE
HAZARD
HEALTH CARE
HEALTH SERVICES
HEALTH WORKERS
HOSPITALS
INFECTION
INFLATION
INFLUENZA
INFLUENZA CONTROL
INTERNATIONAL FLIGHTS
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INTERNATIONAL TRAVEL
IRON
ISOLATION
LEADING INDICATORS
MACROECONOMIC ACTIVITY
MALNUTRITION
MARKETING
MIGRATION
MOBILITY
MORBIDITY
MORTALITY
NURSES
NUTRITION
OILS & FATS
PALM OIL
PANDEMIC PREPAREDNESS
PASSENGERS
PATIENTS
PER CAPITA INCOME
PLASTICS
PRICE INCREASES
PUBLIC HEALTH
REAL GDP
RESTAURANTS
RICE
ROAD
ROOMS
RUBBER
SAFETY
SOFT DRINKS
SPILLOVER IMPACTS
TAX
TAX REVENUE
TAXIS
TOLL
TOTAL REVENUE
TRAFFIC
TRANSIT
TRANSIT TRADE
TRANSPORT
TRANSPORT SECTOR
TRANSPORTATION
TRAVELERS
TREATMENT
TRUE
VICTIMS
WFP
WHEAT
WORKERS
WORLD FOOD PROGRAM
spellingShingle ADVERSE CONSEQUENCES
ADVERSE EFFECT
ADVERSE EFFECTS
AGED
AGRICULTURAL GROWTH
AGRICULTURAL OUTPUT
AGRICULTURAL PRODUCTION
AGRICULTURE
AIRPORT
AIRPORTS
AVIAN INFLUENZA
BARS
BEER
BEVERAGES
BORDER TRAFFIC
BOTTLED WATER
BOTTLENECKS
BREWERY
CANDLES
CAPITAL FLIGHT
CASSAVA
CENTRAL BANK
COCOA
CONSTRUCTION INDUSTRY
CONSUMER PRICE INDEX
CONTAGION
CONTAINERS
CROSSINGS
DEMAND FOR FOOD
DIESEL
DISEASE
DISEASE OUTBREAKS
DISEASE SURVEILLANCE
DISEASES
DOMESTIC TRANSPORT
DOMESTIC TRAVEL
EBOLA
EBOLA VIRUS
ECONOMIC FORECASTING
ECONOMIC IMPACT
ECONOMIC RISK
ECONOMIC SECTORS
EDIBLE OILS
EMERGENCY MEASURES
EMERGENCY RESPONSE
EMERGENCY TREATMENT
EPIDEMIC
EPIDEMICS
EXCHANGE RATES
EXPORTS
FAMILIES
FOOD IMPORTS
FOOD INSECURITY
FOOD PRICES
FOOD PRODUCTION
FOOD RATIONS
FOOD SECURITY
FOOD STAPLES
FOOD STOCKS
FOODS
FORECASTS
FRUIT
FUEL
FUEL PRICES
GDP
GROWTH RATE
HAZARD
HEALTH CARE
HEALTH SERVICES
HEALTH WORKERS
HOSPITALS
INFECTION
INFLATION
INFLUENZA
INFLUENZA CONTROL
INTERNATIONAL FLIGHTS
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INTERNATIONAL TRAVEL
IRON
ISOLATION
LEADING INDICATORS
MACROECONOMIC ACTIVITY
MALNUTRITION
MARKETING
MIGRATION
MOBILITY
MORBIDITY
MORTALITY
NURSES
NUTRITION
OILS & FATS
PALM OIL
PANDEMIC PREPAREDNESS
PASSENGERS
PATIENTS
PER CAPITA INCOME
PLASTICS
PRICE INCREASES
PUBLIC HEALTH
REAL GDP
RESTAURANTS
RICE
ROAD
ROOMS
RUBBER
SAFETY
SOFT DRINKS
SPILLOVER IMPACTS
TAX
TAX REVENUE
TAXIS
TOLL
TOTAL REVENUE
TRAFFIC
TRANSIT
TRANSIT TRADE
TRANSPORT
TRANSPORT SECTOR
TRANSPORTATION
TRAVELERS
TREATMENT
TRUE
VICTIMS
WFP
WHEAT
WORKERS
WORLD FOOD PROGRAM
World Bank
The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
geographic_facet Africa
Guinea
Liberia
Sierra Leone
description The 2014 outbreak of the Ebola Virus Disease in West Africa has taken a horrible human toll. Although the outbreak originated in rural Guinea, it has hit hardest in Liberia and Sierra Leone, in part because it has reached urban areas in these two countries, a factor that distinguishes this outbreak from previous episodes elsewhere. As of September 10, 2014, there had been 2,281 recorded deaths out of 4,614 suspected or confirmed cases of Ebola. Experts fear that the true numbers may be two to four times larger, due to underreporting. Misery and suffering have been intense, especially in Liberia where doctors have had to turning patients away for lack of space in Ebola treatment centers. Inevitably, before the outbreak is contained the human impacts will increase considerably over these numbers. Epidemiological estimates are acknowledged as highly uncertain and are not the subject of this note. What is certain is that limiting the human cost will require significant financial resources and a concerted partnership between international partners and the affected countries. Particularly in Liberia and Sierra Leone, government capacity is already overrun and the epidemic is impacting macroeconomic activity and budgetary resources. This note informs the response to the epidemic by estimating these macroeconomic and fiscal effects. Any such exercise is necessarily highly imprecise due to limited data and many uncertain factors, but it is still necessary in order to plan the economic assistance that must accompany the immediate humanitarian response. The goal is to help affected countries to recover and return to the robust economic growth they had experienced until the offset of this crisis.
format Publications & Research :: Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
title_short The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
title_full The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
title_fullStr The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
title_full_unstemmed The Economic Impact of the 2014 Ebola Epidemic : Short and Medium Term Estimates for Guinea, Liberia, and Sierra Leone
title_sort economic impact of the 2014 ebola epidemic : short and medium term estimates for guinea, liberia, and sierra leone
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/09/20214465/economic-impact-2014-ebola-epidemic-short-medium-term-estimates-guinea-liberia-sierra-leone
http://hdl.handle.net/10986/20218
_version_ 1764444960958971904