Econ Talks: Business Impact of COVID-19

Shortly after the World Health Organization declared COVID-19 a pandemic, stock markets around the world experienced serious meltdowns, triggering the New York Stock Exchange’s shutdown mechanism multiple times in the following days. Many begin to question whether this could be the start of another global recession, and how the pandemic would affect the global economy as it continues to spread worldwide.


The novel coronavirus outbreak in China has caught the attention of billions of people worldwide. Hospitals in Hubei are overwhelmed with the flood of patients, and labs across China are working around the clock to test patients for the virus. In these difficult times, how can we utilize the power of science to estimate the potential scale of this outbreak? To find our answer, we must look beyond China.