Friday, May 1, 2009

How Swine Flu Affects Our Economies

Nothing scares people more than the spread of a virus, especially new and deadly viruses like Bird Flu or Swine Flu. This fear factor can adversely hurt economies, already reeling from the economic crash of 2008. And perhaps add to the economic woes, already being felt across the globe.

So how does Swine Flu affect our Economies?

Once "Swine" Flu officially becomes a pandemic, expect the movement of people to become minimal zed, as fear drives people to avoid crowds, and stay at home preferring to avoid the risk of catching swine flu.

This naturally affects Tourism, Entertainment and the Travel Industry, already suffering from problems created by the current economic crisis. Countries mainly affected, should be primary Mexico, at the epicenter of the current spread of swine flu, but also other developing Countries involved in Tourism.

A "trust" factor often affects people's belief that developed Countries are more able to deal with viruses like Swine Flu, than developing or emerging Countries. This may be true, but often people forget that Europe and the United States are more mobile Countries, simply because there are no internal border controls.

Meat producers should see a fall in demand for their products, especially producers of pork products. Already "Mad" Cow disease and Bird flu affected the way many people questioned the food they ate. There should be a higher demand for vegetables, fruit and fish; good news for anyone in these industries.

Pharmaceutical and wellness Companies are always the winners in times of panic, over any new viruses. In reality this is fear driven as Bird flu, compared to the size of populations was less fatal than deaths caused by Donkeys, but it still does not deter people from playing safe by buying anti-flu products.

If the current pandemic becomes an epidemic, then like the Spanish flu virus of 1918, borders may have to close, our movements minimal zed and a scare, could become fatal to many Countries including Mexico, and those adversely affected by the epidemic.

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Article Source: http://EzineArticles.com/?expert=Markus_Taylor

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