Aversion to Ebola already affecting global economies - World Bank

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Sharecast News | 09 Oct, 2014

Updated : 15:05

Risk aversion related to Ebola is already affecting the behaviour of economic agents, impacting economies around the world.

An example of that would be the refusal by people in some countries to clean airplanes, the president of the World Bank told CNBC in an interview.

"What we've seen, the so-called aversion behavior ... the $32.6bn (the economic impact on Africa of the Ebola crisis as estimated by the World bank) is not because of the virus itself, 80-90% of that is the aversion behavior, the stop in productivity, people don't go to work, kids don't go to school, there's no flights coming in, trade slows down."

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