Update on the Economic Impact of the 2014-2015 Ebola Epidemic on Liberia, Sierra Leone, and Guinea

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dc.creatorWorld Bank Group
dc.date2015-05-21T16:50:27Z
dc.date2015-05-21T16:50:27Z
dc.date2014-04-15
dc.date.accessioned2026-07-01T00:53:01Z
dc.descriptionA year after the onset of Ebola, the estimated GDP losses for the three countries through 2015 total US$2.2 billion (US$240 million for Liberia, US$535 million for Guinea and US$1.4 billion for Sierra Leone). This is the result of the severe impact of the epidemic which has been exacerbated by the large decline in the world price of iron ore and severe corporate governance issues in mining in Sierra Leone. Important differences among the three countries are emerging. Liberia is gradually returning to normalcy, Guineas economy is stagnating, and Sierra Leone is suffering a severe recession. This update presents the World Banks most recent analysis of the economic and fiscal effects of the Ebola epidemic on the three countries. In relation to our January 2015 report it contains: 1) an updated status for the economies of Liberia, Guinea, and Sierra Leone; and 2) a brief description of these countries Economic Recovery Plans with indicative estimates of their potential impact on growth. As of April 2015, the Ebola epidemic has been largely contained but the negative effects on the economies of Liberia, Guinea and Sierra Leone loom large amidst continued uncertainty about the timing of complete eradication. The crisis continues to adversely affect these economies, so pace of recovery in these countries will depend heavily on adequate financing and effective implementation of the recovery plans. Ultimately, Liberia, Guinea and Sierra Leone will need the strong support from the development community over the next years to both make up for the losses incurred during the Ebola crisis and make these economies less vulnerable for the future.
dc.formatapplication/pdf
dc.identifierhttp://documents.worldbank.org/curated/en/2014/04/24377008/update-economic-impact-2014-2015-ebola-epidemic-liberia-sierra-leone-guinea
dc.identifierhttps://hdl.handle.net/10986/21965
dc.identifierhttps://doi.org/10.1596/21965
dc.identifier.urihttp://hdl.handle.net/123456789/412419
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESSIBILITY
dc.subjectADVERSE IMPACT
dc.subjectAGRICULTURE
dc.subjectAIR
dc.subjectAIR TRANSPORT
dc.subjectAIRWAYS
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectBANK POLICY
dc.subjectBANK PROFITABILITY
dc.subjectBANKING SECTOR
dc.subjectCAPITAL FLIGHT
dc.subjectCENTRAL BANK
dc.subjectCOMMERCE
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL TRANSPORT
dc.subjectCOMMODITY PRICES
dc.subjectCONSUMER PRICES
dc.subjectCORPORATE GOVERNANCE
dc.subjectCURRENCY
dc.subjectDEFAULTS
dc.subjectDIESEL
dc.subjectDOMESTIC BORROWING
dc.subjectEBOLA
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectEMPLOYMENT
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPORTS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFIXED INVESTMENT
dc.subjectFORECASTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENTS
dc.subjectFOREIGN INVESTORS
dc.subjectFREIGHT
dc.subjectFUEL
dc.subjectFUEL PRICES
dc.subjectGASOLINE
dc.subjectGDP
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNANCE ISSUES
dc.subjectGOVERNMENT CAPACITY
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH PROJECTIONS
dc.subjectGROWTH RATE
dc.subjectHUMAN RESOURCES
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFLATIONARY PRESSURES
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINTEREST EXPENDITURE
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVESTMENT ACTIVITY
dc.subjectINVESTMENT FLOWS
dc.subjectLEADING INDICATORS
dc.subjectLIQUIDITY
dc.subjectLOCAL CURRENCY
dc.subjectMOBILITY
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectMULTIPLIER EFFECTS
dc.subjectNON-PERFORMING LOANS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOPERATING LOSSES
dc.subjectPORTFOLIO
dc.subjectPREFECTURES
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC INVESTMENT
dc.subjectRAILWAY
dc.subjectRAILWAY LINE
dc.subjectREAL GDP
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectREVENUE MOBILIZATION
dc.subjectROAD
dc.subjectROADS
dc.subjectSALES
dc.subjectSANITATION
dc.subjectSURPLUS
dc.subjectTAX COMPLIANCE
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTOTAL REVENUE
dc.subjectTRADING
dc.subjectTRAFFIC
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT SECTOR
dc.subjectTREASURY
dc.subjectVOLATILITY
dc.subjectWAGES
dc.titleUpdate on the Economic Impact of the 2014-2015 Ebola Epidemic on Liberia, Sierra Leone, and Guinea
dc.typeReport
dc.typeRapport
dc.typeInforme

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