The global death toll from coronavirus could reach as high as 15million even in the best-case pandemic scenario, a new study says.
The research by the Australian National University also found that global GDP could shrink by as much as $2.3trillion even in what they call a ‘low-end’ pandemic.
In the most disastrous scenario, the death toll could reach a staggering 68million including hundreds of thousands of deaths in Britain and the United States.
In that worst-case pandemic, some countries’ economies would shrink by as much as eight per cent in a global meltdown.
The two researchers who published the paper, Warwick McKibbon and Roshen Fernando, warn that ‘even a contained outbreak could significantly impact the global economy in the short run’. (DailyMail)