A new report from the World Bank says rising antimicrobial resistance (AMR) has the potential to cause as much economic damage as the 2008 financial crisis.
The report, published yesterday by the World Bank Group, predicts that if rising AMR is not addressed, global GDP could fall by 1.1% to 3.8%, healthcare costs could grow by an additional $1.2 trillion annually, and as many as 28 million people would be pushed into extreme poverty by the year 2050. The brunt of the impact, the report says, would fall on lower- and middle-income countries, where higher disease prevalence would have a more significant effect on economic output.
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