Ebola Hampering Household Economies across Liberia and Sierra Leone

Latest surveys point to declines in employment, food insecurity, and long-term welfare concerns

THE WORLD BANK                                                       Jan. 12, 2015

WASHINGTON-- The socio-economic impacts of Ebola in Liberia and Sierra Leone are far-reaching and persistent, according to two new World Bank Group reports. Both countries continue to experience job losses, despite their differing health outlooks. These impacts have not been limited to the areas where infections have been the highest, which points to economy-wide slowdowns. As a result, many households have been forced to take short-term actions to cope, which can have substantial long-term effects on welfare.

“The Ebola virus itself must be eradicated- this is the number one priority,” said Ana Revenga, Senior Director for Poverty at the World Bank Group. “But its socio-economic side effects put the current and future prosperity of households in Liberia and Sierra Leone at high risk. We must pay careful attention to those who are most vulnerable to both health and economic shocks, and ensure that they are supported throughout and after the crisis.”

In order to capture the key socio-economic effects of Ebola, the World Bank Group and partners are undertaking high-frequency mobile phone surveys....

Read complete report.

http://www.worldbank.org/en/news/press-release/2015/01/12/ebola-hampering-household-economies-liberia-sierra-leone