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sars in asia |
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INTRODUCTION The outbreak of Severe Acute Respiratory Syndrome (SARS) is burdening the world with significant health and economic consequences. ... What makes SARS so awesome and so awful is that it is spreading with no respite. ... As of August 7, the number of SARS cases has climbed to 8,422 with death toll raising to 916 the world over. (See Summary table of SARS cases by country, 1 November 2002 ¡V 7 August 2003) China, the epicenter of the epidemic, as of 10 a. ... August 16, a total of 5,327 SARS cases were reported on the Chinese mainland, 4,959 patients were cured and discharged from hospital. ... These data not included the SARS cases in Hong Kong, China where the numbers have increased to 1,755 cases and 300 deaths. ... It has threatened short-term growth prospects, especially in Asia. ... An ADB economic report on the impact of SARS on Asian economics states that if SARS extends over the second quarter of 2003, GDP growth could decline for East and Southeast Asia. ... Some positive developments and improved public health measures in recent times have added weight to arguments that SARS, although serious, will cause only a temporary shock to economic growth. Of course at the same time, many questions are raised because of the impact of SARS. Two of them are: (i) Why has attention to SARS been so prominent given its relatively low morbidity and mortality? ... ECONOMIC IMPACTS SARS mainly affects economic growth by reducing demand in short terms: (i) Consumer confidence has declined in a number of businesses. ... But during the SARS impacted period, travelers cancelled their trips, and then airlines such as Cathay Pacific and Malaysia Airline cancelled a lot of flights, and then the occupancy rates of the hotels were also cancelled. ... Malaysia Airlines has reportedly suffered a revenues loss of RM 131 million due to the cancellation of over 700 flights to SARS- affected destinations. It¡¦s also reported the national carrier¡¦s load factor to SARS-hit areas fell to 53 per cent in April. ... And now we can see, one factor have offset these negative impacts is that the rebound of private spending after the SARS is brought under control. ... (ii) The spread of the virus and the SARS itself. ... SOCIAL IMPACTS SARS is already raising serious challenges for the social sectors. ... Problems include the inability to combat the spread of SARS, both within infected populations and in currently unaffected areas, due to weak diagnostic capacities and inadequate surveillance and information The leadership of the Chinese government helped China, in a short span of time, contain the SARS epidemic. This achievement not only helped China alleviate the impact of SARS on its economy and society, but also significantly contributed to the quick economic recovery of other countries, particularly ASEAN countries. |
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