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The Economic Cost of Quarantine

Countries with higher per capita incomes have longer life expectancies, due to their ability and willingness to invest in healthcare, infrastructure, and environmental governance. A 100% increase in per capita income equates to an increase in life expectancy of 1-3 years. A 50% decrease in GDP would therefore see a 1.5 year decrease in life expectancy, meaning for each 1% reduction in in GDP, life expectancy will decrease by approximately 10 days. In economics, “value of life” refers to the...

Leah Wang

International Affairs Department, Trip.com Group,

http://www.trip.com

86 13810545653