ranjan

Since the beginning of mankind, Pandemics and Epidemics have had a profound economic and societal impact. But if there is one thing that stands out through all of this, it is that human resilience and adaptability is outstanding, knowing no bounds and various examples from history are a testament to that. From the Black Death to the Spanish Flu and the recent SARS outbreak, the response and impact of entire economies hold valuable lessons.Though different in magnitude, past can give some profound knowledge and guidance with indicators about the performance of the world economy and the resulting impact due to the coronavirus outbreak.  PAST EPIDEMICS - The Black Death -1348 -1350 - Casualty - 50 million  The Black Death arrived in 12 ships in the port of Italy in 1347. Increasing modernization and stability in Europe led to extensive trade between East and West Europe itself. Cities like Venice and Geneva, located at trading docks became wealthy. The epidemic spread rapidly through Eura