How far will the economic shock wave of the virus spread? Stopped factories, empty planes, deserted hotels, museums, bars or opera closed in Milan, not to mention more than 5,000 billion dollars evaporated from world stock exchanges in a few days… All the ingredients for a major crisis on a scale planetary are there. The panic in the financial markets since the beginning of the week risks winning the real economy. Decision makers and economic experts, seek to assess the scope of the earthquake, from the temporary shock to the darkest scenario, navigating at sight according to the announcements of contamination. More than forty countries are affected. Concentrated so far on China, the concern rose a notch this week after the explosion of cases revealed in Italy. IMF chief executive Kristalina Georgieva's estimate of 0.1 percentage point impact on global growth at the G20 summit last weekend is likely to be out of date.
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