Ebola Economic Impact

Improved Essays
ECONOMIC IMPACT:
Guinea is among the poorest countries in West Africa, with a population of 12 million and per capita income of US$460. It was the first country to be affected by the Ebola virus. The country has metals such as iron ore and bauxite and political stability after years of conflict and poor leadership. Its economy is a mix of agriculture, services, and mining. The income growth in Guinea has not been too high, and the poverty rate is high at over 55 percent of the population. Liberia is one of the poorest countries in Africa with a population of 4 million, per capita income of AU$570. More than half of the population is urban, including those living in densely populated areas around the capital city of Monrovia. Sierra Leone
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The major mining company, China union has closed their operation due to the outbreak of Ebola. Furthermore, due to the restriction on movement that has severely affected the mining of gold and diamond. Production and shipment of rubber have been disrupted by reduce the number of workers and the difficulty in exporting. Liberia manufacturing of cement has been falling down by 60 percent. The beverages from the hotel and restaurant are being affected due to the less tourism. Almost, 45 percent of Liberian services are being affected by Ebola crisis. The commercial and residential construction activities are being affected due to the lack of workers. The harvesting and transporting distribution have been closed due to the border closure, which results in the rising price of domestic food. The Ebola outbreak in Liberia has badly affected Liberia`s …show more content…
Guinea, Liberia and Sierra Leone are suffering from chronic political instability. The current crisis is likely to have a significant effect not only on these countries but to their economy, peace, social and political life as well. Liberia and Sierra Leone are dealing with the consequences of civil wars. Politically, guinea and Liberia are facing a particular challenge because of the important election coming up; local election in Guinea and senatorial election in Liberia. The Delay of an election will increase the tension between the government and the opposition. There have already been riots and tensions that are rising in these three countries. The diversion of development spending, especially for roads, energy, building schools and hospitals, to the Ebola response, could have a negative impact on

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