Why New Zealand is more exposed than others to the economic chills of China’s coronavirus outbreak
- Written by Rahul Sen, Senior Lecturer, School of Economics, Auckland University of Technology
The economic repercussions of the coronavirus outbreak worldwide and for New Zealand are beginning to emerge – and it is already clear that the coronavirus will have a worse impact than the severe acute respiratory syndrome (SARS) outbreak in 2003.
The estimated costs of SARS to the global economy was about US$40 billion. China’s share...