SARS
Severe acute respiratory syndrome (SARS) broke out in China in 2002, in Guangdong Province. This area is an industrialized region that lies at the heart of China's economic strategy. Cities like Guangzhou, Shenzhen and Dongguan are all major manufacturing hubs, the former two also shipping hubs. SARS was a form of pneumonia, and spreading from Guangdong it infected 1622 people in 13 countries, causing 58 deaths (Cyranoski, 2003). A doctor visiting nearby Hong Kong is believed to be responsible for the spared of SARS outside of China, though most commonly among medical professionals.
Social Factors
SARS was an issue because it was an unknown disease, and because of the nature by which it spread. People who came into contact with victims could catch the disease, and it is by this means that it traveled to multiple locations around the world. Most of these locations were in Asia, but there was also a cluster in Toronto, again concentrated among health care workers. SARS was damaging to China, however. The World Health Organization posted travel advisories, not just to Guangdong but to other regions of China as well, plus Hong Kong. (WHO, 2003). This travel advisory caused a degree of panic among people, and had impacts on business in the country.
In total, over 8000 globally were infected, and of those 900 died. The economic impact was significant. Mainland China saw its GDP decline by 1.05% in 2003, and in Hong Kong the decline was 2.63%. It is also worth considering that these areas face a lingering country risk premium, meaning that businesses and travelers were for years less likely to go to these areas out of concerns for future outbreaks (Lee & McKibbin, 2004). Important to remember is that SARS was more or less contained. While...
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