June 29, 2006 - The World Bank estimates a severe avian flu pandemic among humans could cost the global economy about 3.1 percent of world gross domestic product - around US$1.25 trillion on a world GDP of US$40 trillion. Lead Economist Milan Brahmbhatt presented an analysis of the social and economic impacts of avian flu at the First International Conference on Avian Influenza in Humans in Paris, France. Full text and related presentation and article below.
Economic Impacts of Avian Influenza Propagation Milan Brahmbhatt, Institut Pasteur, Paris, France First International Conference on Avian Influenza in Humans Story  |  Speech | Presentation (166kb pdf)
February 28, 2006 - There is growing concern about the possibility of an avian flu pandemic and its implications for humans and the global economic and financial system. While such pandemics are not new—the last one occurred in 1968—health experts are particularly concerned about the current strain of the virus (H5N1). This strain has spread quickly in bird populations, caused high mortality among poultry, and occasionally infected humans, with about half of the cases proving fatal. But human infections remain rare as the strain has not been spreading easily from birds to humans, nor has it been spreading from person to person. Full text below.
November 8, 2005 - A pandemic of avian influenza among humans could cost the global economy US$800 billion a year. That's the assessment of Milan Brahmbhatt, Lead Economist with the World Bank's East Asia and Pacific region speaking at an international conference in Geneva in November 2005 . Full text and related articles below  |