Drug Resistance Could Cause Global GDP Decrease, 28M People To Fall Into Poverty By 2050, World Bank Report Warns
Bloomberg News: World Bank Warns of Financial Crisis Level Cost From Superbugs
“The spread of drug-resistant infections could mean a hit to the global economy even greater than that of the 2008 financial crisis as the emergence of so-called superbugs threatens growth in low-income countries, according to a new World Bank report…” (Altstedter, 9/19).
Thomson Reuters Foundation: Drug resistance in people and animals may push millions into poverty: World Bank
“If drug-resistant infections in people and animals are allowed to spread unchecked, some 28 million people will fall into poverty by 2050, and a century of progress in health will be reversed, the World Bank said on Monday. By 2050, annual global GDP would fall by at least 1.1 percent, although the loss could be as much as 3.8 percent — the equivalent of the 2008 financial crisis — the bank said in a report released ahead of a high-level meeting on the issue at the United Nations in New York this week…” (Whiting, 9/19).