The global economy has suffered great losses.

According to the guidance, at any time during the global pandemic, one or more member states may be responding to the epidemic in one country, while other member states may not be affected in the coming months.

Each Member State is therefore encouraged to develop its own risk assessment to take into account the results of the global risk assessment and determine the timing, scale, focus, intensity and urgency of action at national and local levels.

National actions should be separated from the global phase, and global risk assessments cannot be representative of individual member states.

At the same time, the guidance calls on member states to be internationally responsible under the Pandemic Influenza Preparedness Framework (PIP) and contribute to the Pandemic Benefit Sharing System (GISRS), including cooperation with relevant public and private institutions.

and physical organizations.

Countries assess the need for international assistance to meet humanitarian needs based on domestic and regional risk assessments, resources and needs.

Or consider providing resources and technical assistance to countries affected by the flu. How does a global pandemic affect the world economy?

If a new virus spreads around the world, the impact on the world economy will also become a major concern around the world.

H1N1 influenza was mentioned, which is also defined as a global influenza virus.

According to data from the Central Bank of Mexico, gross domestic product (GDP) fell by 5.3% and economic losses have reached tens of billions of dollars.

According to statistics from the American think tank Brookings Institution, SARS swept the world.

In the same year, SARS caused approximately US$40 billion in losses to the world economy.

In contrast, the new virus is more cunning and contagious than SARS, and has a higher fatality rate than influenza, making this epidemic more common around the world.

The severity of the new epidemic, coupled with changes in the global economic landscape, makes this global epidemic even more threatening.

Moody's chief economist has previously stated that if the new virus develops into a global pandemic, it may cause the U.S. and global economies to fall into recession in the first half of 2020.

On February 22, the President of the International Monetary Fund stated at the Group of 20 (G20) financial meeting that assuming China’s economy can return to normal levels in the second quarter, global economic growth this year will be 0.1 percentage points lower than expected in January.

3.2%.

As the new epidemic escalates around the world, the International Monetary Fund may reassess the global economic growth rate.