The Ebola crisis happening in Africa not only threatens the people’s health, but also its economy as it has caused severe damages to the African economy. The fear of Ebola is the primary reason for causing such decline in its economy as foreign anxieties lead to the reduction in investments and trades with African countries.
As fear of Ebola lead to the decline in investments and trades with African countries, the biggest impact is on the countries’ tourism and export. Clearly, the fear of Ebola would lead to a significant drop in tourism in the African countries which can severely damage the tourist-dependent countries’ economy. Moreover, the death of many farmers can lead to an insufficient export of food within the countries, which can also lead to the inflation of food prices. Clearly, economists and experts cannot do anything to prevent such damages, which show how sometimes there are unexpected risks that can significantly impact an economy.