Corona Virus Background and Its Effects on World Economy
HISTORY SARS Severe Acute Respiratory Syndrome (Sars) outbreak in 2003 infected around 8,000 people and killed 774 people. Sars injected the loss of $50 billion to the global economy. MERS The 2015 Middle East Respiratory Syndrome (Mers) outbreak in 2015 also had similar effects. Mers infected 200 people and killed 38. It caused an estimated…