WASHINGTON: The deadly Severe Acute Respiratory Syndrome (SARS) that has spread fear in countries from Asia to North America has come at a bad time for the already fragile global economy, economists said.
They are agreed that the mysterious pneumonia-like illness, which has devastated tourism, stunted business and left many restaurants from Hong Kong to Singapore deserted, will hurt global economic prospects. Some even think the disease could usher in a global recession, although others say it is too soon to tell.