Pandemic Might Be as Severe as Hong Kong Flu, World Bank Says

Bloomberg.com, 23 Jun 2009, Jason Gale
June 23 (Bloomberg) -- The pandemic sparked by swine flu may be as severe as the Hong Kong flu of 1968-69 that cost an estimated 0.7 percent of global gross domestic product, according to the World Bank.
The new H1N1 flu strain might reduce second-quarter GDP by as much as 2.2 percent in Mexico if disruptions to businesses, including those in the restaurant, hotel and transportation industries, persist in the Mexico City region, the Washington- based lender said.
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