Lowy Institute for International Policy
Home
About the Lowy Institute
Publications
Programs
People
Newsroom
Contact

Publications

Global macroeconomic consequences of pandemic influenza

Professor Warwick McKibbin


Summary
In a major new Analysis, Professor Warwick McKibbin and Dr Alexandra Sidorenko explore the implications of a pandemic influenza outbreak on the global economy.

Their paper examines a range of scenarios (mild, moderate, severe and ultra) that span the historical experience of influenza pandemics of the twentieth century.

Their analysis finds that a pandemic would be expected to lead to: a fall in the labour force; an increase in the cost of doing business; a shift in consumer preferences; and a re-evaluation of country risk.

The paper finds that even a mild pandemic has significant consequences for global output, costing the world 1.4 million lives and approximately US$330 billion in lost output.

Download item (764KB PDF)

East Asia Program
Global Issues Program
International Economy Program
International Security Program
The Myer Foundation Melanesia Program
West Asia Program
Pacific Friends of the Global Fund
Wednesday Lowy Lunch Club
The Interpreter - Weblog of the Lowy Institute for International Policy
Victory in Iraq? It's all relative
Far from 'dancing around' Chris Kenny's Read more
Other recent posts The man winning the Afghan war with spin Do Australians like Chinese brands? Refighting the Iraq war
Video Library
Podcasting
RSS Feeds