IDEAS home Printed from https://ideas.repec.org/a/tpr/asiaec/v3y2004i1p102-112.html
   My bibliography  Save this article

The Impact of SARS on Asian Economies

Author

Listed:
  • Donald Hanna

    (Asia Pacific Economic and Market Analysis Citigroup Global Markets Asia Limited 20th Floor, 3 Exchange Square Central, Hong Kong, SAR, China)

  • Yiping Huang

    (Asia Pacific Economic and Market Analysis Citigroup Global Markets Asia Limited 20th Floor, 3 Exchange Square Central, Hong Kong, SAR, China)

Abstract

This paper describes the economic implications of the SARS outbreak that hit many Asian economies in spring 2003. Without a workable diagnostic test and a treatment for the illness, surveillance and quarantine were the key weapons against SARS last year. In general, risks are greater in countries with poor public health care, poor sanitation systems, high mobility, or high population density. During the height of the SARS outbreak, we estimated that the total costs of the epidemic would be about 1.5 percent of GDP for China. Better-than-expected containment of the virus reduced the impact to only about 0.5 percent of GDP. The experiences of the SARS outbreak point to the strong need to improve both the public health system and the governance structure in Asia. Copyright (c) 2004 Center for International Development and the Massachusetts Institute of Technology.

Suggested Citation

  • Donald Hanna & Yiping Huang, 2004. "The Impact of SARS on Asian Economies," Asian Economic Papers, MIT Press, vol. 3(1), pages 102-112.
  • Handle: RePEc:tpr:asiaec:v:3:y:2004:i:1:p:102-112
    as

    Download full text from publisher

    File URL: http://www.mitpressjournals.org/doi/pdfplus/10.1162/1535351041747978
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Donadelli, Michael & Kizys, Renatas & Riedel, Max, 2016. "Globally dangerous diseases: Bad news for Main Street, good news for Wall Street?," SAFE Working Paper Series 158, Research Center SAFE - Sustainable Architecture for Finance in Europe, Goethe University Frankfurt.
    2. repec:eee:finmar:v:35:y:2017:i:c:p:84-103 is not listed on IDEAS
    3. Wing Thye Woo, 2006. "The Structural Nature of Internal and External Imbalances in China," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(1), pages 1-19.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:asiaec:v:3:y:2004:i:1:p:102-112. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristin Waites). General contact details of provider: http://mitpress.mit.edu/journals/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.