Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness
COVID-19 is not only a global pandemic and public health crisis; it has also severely affected the global economy and financial markets. Significant reductions in income, a rise in unemployment, and disruptions in the transportation, service, and manufacturing industries are among the consequences o...
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doaj-31d8ce507e2045a38c30c76cb08a8a4b2020-11-25T03:26:25ZengFrontiers Media S.A.Frontiers in Public Health2296-25652020-05-01810.3389/fpubh.2020.00241546036Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic PreparednessAnton Pak0Oyelola A. Adegboye1Adeshina I. Adekunle2Kazi M. Rahman3Kazi M. Rahman4Emma S. McBryde5Damon P. Eisen6Australian Institute of Tropical Health and Medicine, James Cook University, Townsville, QLD, AustraliaAustralian Institute of Tropical Health and Medicine, James Cook University, Townsville, QLD, AustraliaAustralian Institute of Tropical Health and Medicine, James Cook University, Townsville, QLD, AustraliaNorth Coast Public Health Unit, New South Wales Health, Lismore, NSW, AustraliaThe University of Sydney, University Centre for Rural Health, Lismore, NSW, AustraliaAustralian Institute of Tropical Health and Medicine, James Cook University, Townsville, QLD, AustraliaAustralian Institute of Tropical Health and Medicine, James Cook University, Townsville, QLD, AustraliaCOVID-19 is not only a global pandemic and public health crisis; it has also severely affected the global economy and financial markets. Significant reductions in income, a rise in unemployment, and disruptions in the transportation, service, and manufacturing industries are among the consequences of the disease mitigation measures that have been implemented in many countries. It has become clear that most governments in the world underestimated the risks of rapid COVID-19 spread and were mostly reactive in their crisis response. As disease outbreaks are not likely to disappear in the near future, proactive international actions are required to not only save lives but also protect economic prosperity.https://www.frontiersin.org/article/10.3389/fpubh.2020.00241/fullSARS-CoV-2COVID-19global marketseconomyCoronaviruspandemic |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Anton Pak Oyelola A. Adegboye Adeshina I. Adekunle Kazi M. Rahman Kazi M. Rahman Emma S. McBryde Damon P. Eisen |
spellingShingle |
Anton Pak Oyelola A. Adegboye Adeshina I. Adekunle Kazi M. Rahman Kazi M. Rahman Emma S. McBryde Damon P. Eisen Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness Frontiers in Public Health SARS-CoV-2 COVID-19 global markets economy Coronavirus pandemic |
author_facet |
Anton Pak Oyelola A. Adegboye Adeshina I. Adekunle Kazi M. Rahman Kazi M. Rahman Emma S. McBryde Damon P. Eisen |
author_sort |
Anton Pak |
title |
Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness |
title_short |
Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness |
title_full |
Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness |
title_fullStr |
Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness |
title_full_unstemmed |
Economic Consequences of the COVID-19 Outbreak: the Need for Epidemic Preparedness |
title_sort |
economic consequences of the covid-19 outbreak: the need for epidemic preparedness |
publisher |
Frontiers Media S.A. |
series |
Frontiers in Public Health |
issn |
2296-2565 |
publishDate |
2020-05-01 |
description |
COVID-19 is not only a global pandemic and public health crisis; it has also severely affected the global economy and financial markets. Significant reductions in income, a rise in unemployment, and disruptions in the transportation, service, and manufacturing industries are among the consequences of the disease mitigation measures that have been implemented in many countries. It has become clear that most governments in the world underestimated the risks of rapid COVID-19 spread and were mostly reactive in their crisis response. As disease outbreaks are not likely to disappear in the near future, proactive international actions are required to not only save lives but also protect economic prosperity. |
topic |
SARS-CoV-2 COVID-19 global markets economy Coronavirus pandemic |
url |
https://www.frontiersin.org/article/10.3389/fpubh.2020.00241/full |
work_keys_str_mv |
AT antonpak economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT oyelolaaadegboye economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT adeshinaiadekunle economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT kazimrahman economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT kazimrahman economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT emmasmcbryde economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness AT damonpeisen economicconsequencesofthecovid19outbreaktheneedforepidemicpreparedness |
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