With all the news regarding Ebola and how it is affecting people it is also important to see how the outbreak can affect the national economies of affected nations and also the global market as a whole. Tom Carlson explores how Ebola could affect countries individually and globally.

1. Economics of Ebola
Tom Carlson

2. Ebola Abroad
• Even with a lot of outstanding concerns about the Ebola
epidemic, around the globe the noise has silenced a little
as people are recovering and preparations are made to
combat and quarantine it
• On of the main reasons for the muted coverage is also
related to the countries most affected by the disease;
Guinea, Liberia and Sierra Leone
• These countries are quite small in economic terms and
account for about 2% of the gross domestic product of
Sub-Saharan Africa

3. Ebola Abroad Pt. II
• On the other hand the regional economic effects of Ebola
could be much more serious if the outbreak were to
spread to Ivory Coast and Ghana
• Concerns are rising as the price of cocoa is increasing in
both countries and has even climbed 23% this year even
as the price of other commodities has fallen
• Ghana is also a lead producer of oil and precious
minerals

4. Ebola and Stocks
• The World Health Organization has also been alerted that Ebola may have made its way
into:
• Benin
• Cameroon
• Central African Republic
• Democratic Republic of the Congo
• Gambia
• Mauritania
• Nigeria
• Togo

5. Ebola and Stocks Pt: II
• At the current moment, investors are remaining calm
about the potential financial risks caused by Ebola in all
these nations
• So far there is not enough of a panic to affect stocks
• There will continue to be a large amount of monitoring to
ensure there is not a crash or a problem within the
markets

6. White House to Influence NY/NJ
Quarantine Policy
• Ghana currently has a population of more than 25 million and shares a
border with Ivory Coast
• It is also where the U.N. has decided to base its mission to respond to the
Ebola epidemic
• The U.S. has provided Ghana’s government with $1.7 million to prepare
and respond to the Ebola outbreak.
• Economists will continue to monitor the terror and fear the outbreak has
caused
• The International Monetary Fund recently reduced its forecast for growth in
Sub-Saharan Africa because of Ebola, which has hurt tourism and exports

7. Containing Ebola
• In New York and New Jersey the governors enforced
mandatory quarantines for health care workers that were
returning from the Ebola zone over the weekend
• A move that was highly criticized. Many believe the
decision to quarantine the workers was not medically
reasonable or necessary
• To date there has only been one U.S. death

8. Containing Ebola
• Julian Jessop, Chief Global Economist at Capital
Economics says:
• “Locking people up even when they have tested negative
looks like an overreaction and may prove
counterproductive." "It's a fine balance to strike -- a slow
response might mean playing catch-up later and missing
the chance to nip the disease in the bud, but being too
aggressive might fuel panic and prevent people who
might need treatment from coming forward."