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THE SWINE FLU’S
GLOBAL IMPATCS
Description of Swine Flu
   H1N1 is the official description of one form
    of swine flu, so named because it made
    the leap from pigs to people.
    The World Health Organisation officially
    confirmed Swine Flu has reached alert
    level Phase 5, which means it is rapidly
    spreading via person -to person contact.
How Did Swine Flu Become
Worldwide ?
    We are a very mobile society, we have
    many people traveling from place to place .
   During travel, they are also in crowded
    public places, whether in airports, on
    buses or trains.
   This gives many opportunities to have
    person to person contact or contact with
    items touched by many people .
   Coughs and sneezes in public places.
How Did Swine Flu Become Worldwide ?
-2

   That’s why when the epidemic first began
    in Mexico and the infection spread among
    the local residents and to visitors from
    other places while in Mexico, and some of
    these visitors were from around the world.
   When people first got infected with the
    swine flu, they may not have even known
    they were sick yet but were still able to
    spread the virus.
   As they moved, they moved the virus with
    them and the spread began.
Confirmed Deaths Around the
World
  Area                                          Confirmed
Deaths

   Worldwide ( total )                             14,286
   European Union and EFTA                         2,290
   Other European Countries and Central Asia             457
   Mediterranean and Middle East                      1,450
   Africa                                            116
   North America                                    3,642
   Central America and Caribbean                       237
   South America                                     3,190
   Northeast Asia and South Asia                      2,294
   Southeast Asia                                      393
   Australia and Pacific                               217
The Last Reports
   According to the WHO and various news
    reports, cases of H1N1 were reported as
    recently as January 2012 in the United
    States, Argentina, Australia, Brazil,
    Cambodia, Cameroon, Chile, Costa Rica,
    Czech Republic, Honduras, India, Iran,
    Jamaica, Kenya, Mexico and Vietnam.
What are the Macroeconomic
Effects Towards Global
Economy?
Fall in Private Spending

   Take Mexico for instance. Within this period
    economic activities slowed down markedly.
    People choose to stay at home to avoid
    being infected. The impact into Mexican GDP
    for the second quarter of 2009 was
    detrimental.
   Consumers from US, Israel, New Zealand &
    many other large European economies had
    given the same reaction since there were
    suspected or confirmed cases there. The
    combo effect of global recession & swine flu
    reduced consumers’ optimism.
Falling Share Prices
   The financial market was affected by lower
    share prices and has increased the risk of
    deflation.
   Shares of airline global reduced. For
    instance, British Airways shared prices fell
    8%, Air France 7%, Cathay Pacific 8%,
    Continental Airlines 16% etc..
Falling Income for Hog
Farmers
    The meat and animal feed industries went
    into a decline.
   Some major hog farming industries in
    Kansas, Texas, California & Mexico were
    severely affected as China, South Korea &
    Russia have placed an embargo towards
    the import of pork from these areas.
Waste of Scarce Financial
Resources
   President Obama asked the Congress for
    $1.5 billion to fight against the disease.
   Such huge amount of money perhaps
    could be better of spent into helping
    homeowners to cope with mortgage
    repayments or spent onto other public
    services like schools & hospitals
    construction.
Impacts on Business and
Travel
   UK travel brokers TUI Travel, Virgin
    Holidays and Thomas Cook had cancelled
    all of their flights and package holidays to
    Mexico during the peak of the outbreak.
   In Canada, particularly greater Toronto, the
    outbreak sharply reduced tourism, and kept
    even residents home rather than out
    shopping. The city's economy lost about
    $950 million.
Not All Share Prices Fall
   While many people were suffering from
    negative wealth effect, there were quite a
    number of people who gained out of it.
   For instance, share price of Swiss firm
    Roche the manufacturer of anti-flu drug,
    Tamiflu rose 3.5% while Glaxo Smith Kline
    which manufactures Relenza gained 5.7%..
What About Global
Community ?
    In Geneva, there was an
    intergovernmental meeting held by WHO .
    The World Health Organization reached
    agreement on a pandemic influenza
    preparedness (PIP) framework for the
    sharing of influenza viruses and access to
    vaccines and other benefits.

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The sw ine flu’s global impatcs

  • 2. Description of Swine Flu  H1N1 is the official description of one form of swine flu, so named because it made the leap from pigs to people.  The World Health Organisation officially confirmed Swine Flu has reached alert level Phase 5, which means it is rapidly spreading via person -to person contact.
  • 3. How Did Swine Flu Become Worldwide ?  We are a very mobile society, we have many people traveling from place to place .  During travel, they are also in crowded public places, whether in airports, on buses or trains.  This gives many opportunities to have person to person contact or contact with items touched by many people .  Coughs and sneezes in public places.
  • 4. How Did Swine Flu Become Worldwide ? -2  That’s why when the epidemic first began in Mexico and the infection spread among the local residents and to visitors from other places while in Mexico, and some of these visitors were from around the world.  When people first got infected with the swine flu, they may not have even known they were sick yet but were still able to spread the virus.  As they moved, they moved the virus with them and the spread began.
  • 5. Confirmed Deaths Around the World Area Confirmed Deaths  Worldwide ( total ) 14,286  European Union and EFTA 2,290  Other European Countries and Central Asia 457  Mediterranean and Middle East 1,450  Africa 116  North America 3,642  Central America and Caribbean 237  South America 3,190  Northeast Asia and South Asia 2,294  Southeast Asia 393  Australia and Pacific 217
  • 6. The Last Reports  According to the WHO and various news reports, cases of H1N1 were reported as recently as January 2012 in the United States, Argentina, Australia, Brazil, Cambodia, Cameroon, Chile, Costa Rica, Czech Republic, Honduras, India, Iran, Jamaica, Kenya, Mexico and Vietnam.
  • 7. What are the Macroeconomic Effects Towards Global Economy?
  • 8. Fall in Private Spending  Take Mexico for instance. Within this period economic activities slowed down markedly. People choose to stay at home to avoid being infected. The impact into Mexican GDP for the second quarter of 2009 was detrimental.  Consumers from US, Israel, New Zealand & many other large European economies had given the same reaction since there were suspected or confirmed cases there. The combo effect of global recession & swine flu reduced consumers’ optimism.
  • 9. Falling Share Prices  The financial market was affected by lower share prices and has increased the risk of deflation.  Shares of airline global reduced. For instance, British Airways shared prices fell 8%, Air France 7%, Cathay Pacific 8%, Continental Airlines 16% etc..
  • 10. Falling Income for Hog Farmers  The meat and animal feed industries went into a decline.  Some major hog farming industries in Kansas, Texas, California & Mexico were severely affected as China, South Korea & Russia have placed an embargo towards the import of pork from these areas.
  • 11. Waste of Scarce Financial Resources  President Obama asked the Congress for $1.5 billion to fight against the disease.  Such huge amount of money perhaps could be better of spent into helping homeowners to cope with mortgage repayments or spent onto other public services like schools & hospitals construction.
  • 12. Impacts on Business and Travel  UK travel brokers TUI Travel, Virgin Holidays and Thomas Cook had cancelled all of their flights and package holidays to Mexico during the peak of the outbreak.  In Canada, particularly greater Toronto, the outbreak sharply reduced tourism, and kept even residents home rather than out shopping. The city's economy lost about $950 million.
  • 13. Not All Share Prices Fall  While many people were suffering from negative wealth effect, there were quite a number of people who gained out of it.  For instance, share price of Swiss firm Roche the manufacturer of anti-flu drug, Tamiflu rose 3.5% while Glaxo Smith Kline which manufactures Relenza gained 5.7%..
  • 14. What About Global Community ?  In Geneva, there was an intergovernmental meeting held by WHO . The World Health Organization reached agreement on a pandemic influenza preparedness (PIP) framework for the sharing of influenza viruses and access to vaccines and other benefits.