Ebola Crisis

To stop the spread of the virus, transport
and trade between and West African countries

This trade accounts for
20-75% of GDP

Reduces production and
employment.

Global companies are moving their mining
operations out of the west African Countries

14% of Liberia's economy
17% of Sierra Leone's economy

The companies are stopping operations
and sending foreign workers home. There

Banks will face liquidity issues if large
depositors withdraw funds and creditors
miss payments

Many wealthy people have taken their money
and left these countries

This puts the whole financial system in Jeprody because
there is no capital moving throughout the capital and
as seen in the great depression, when banks fail, the entire
economy is next.

Planting season was interrupted
by the outbreak.

Again, A large portion of GDP
is dependent on agriculture (20-57%)

This will increase inflation and the price of
food by as much as 13%

The government is in a
tough place because it is losing
money on trade tariffs (because trade
has been reduced) and has to pay more
for medical supplies to address the
outbreak

93 million for Liberia (4.7% of GDP)
79 million for Sierra Leone (1.8% of GDP)
120 million for Guinea (1.8% of GDP)

This will lead to prolonged government
debt and higher taxes for citizens to
balance the budget.

Most major airlines cancelled flights in and out of
countries affected by the disease

With flight also being impacted, even
more trade is being stopped and prices
of medication and supplies are rising

The bans also create a stereotype of the African
continent and make it so people assume they will
contract the virus if they travel to any part of the
continent.