As the coronavirus spreads, one study predicts that even the best-case scenario is millions dead

While much is still unknown about the virus, a group of Australian experts have estimated that the virus may have severe consequences on the global GDP.New modeling from The Australian National University

Four of the seven scenarios in the paper examine the impact of Covid-19 spreading to other countries outside of China, ranging from low to high severity. A seventh scenario examines a global impact where a mild pandemic occurs each year indefinitely. "Our scenarios show that even a contained outbreak could significantly impact the global economy in the short run," said Professor Warwick McKibbin, a professor of economics at ANU and one of the paper's authors.

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