
The Economic Consequences of the Coronavirus
"When China sneezes, the global economy catches a cold," it was said in Napoleon's time. And now, faced with a epidemic that the People's Republic of China is attempting fight by limiting the movements of 1.4 billion people as much as possible, the entire world is waiting with bated breath. The numbers of people infected and deaths have exceeded those of the nine months that between 2002 and 2003 shook East Asia with the SARS epidemic (1). People try to make comparisons today, but at the time China had just joined the WTO, while today it is the second largest economy in the world, representing ...