BATTLE IN PAST AND FUTURE

shocked by the girls, award from the Pulitzer Prizes 

As concerning that, disasters like earthquakes, diseases and human behaviorwould lead to the slowdown or recession from global economy. In 2003, the storm of severe acute respiratory syndrome, SARS, had sustained six months and 400 million dollars damage was caused in Pacific Asia region. It was a lesson for governments to avoid and prevent from the same conditions, what's more, to react immediately on forming the anti-virus systems. However, the outbreak of swine flu in 2009 threat not only the lives owing to becoming a pandemic but the global economies. As a result, after the credit crisis, the financial experts worry that the impact of swine flu will lead the global economies into a larger shadow.

According to the news of Reuters, the World Bank estimated in 2008 that a flu pandemic could cost 3 trillion dollars and result in a nearly 5 percent drop in world gross domestic product. And that airlines and travel industries are the primary victims of swine flu. Many experts predict that it would not be the only shock in airlines and travel industries, but in the whole related industries, and even not in Mexico, but in the whole world. The drop in world GDP is predicted because of concerning the components of GDP. In domestic aspects, consumers fear to get infected with swine flu and stay home instead of going shopping , traveling and so on. This would cause the decrease in consumptions and some economic indicators would bottom out. In other words, the exports and imports would also decrease because of the reuction in trades and consumptions resulting from the lower demand.

In Taiwan, we could take swine flu to seriously and prevent the infection so far. Beause of the damage that SARS brought about, it's a challenge for the government and medical systems to respond to the crisis. Most important, not only for the economies which the low demand again threat the exported-oriented island but for the healthy environment.

Reference from SWINE FLU DAMPENS ECONOMIC OUTLOOK, MARKETS MIXED, Reuters, Mon Apr 27, 2009 4:56pm EDT By Dena Aubin