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1 Introduction
Pages 1-6

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From page 1...
... . To get a better understanding of the potential direct economic costs of future major infectious disease events, the National Academy of Medicine's Commission on a Global Health Risk Framework calculated the average expected economic losses from infectious disease crises to cost $60 billion per year in the 21st century (GHRF Commission, 2016)
From page 2...
... . These issues are further complicated by the fact that the economic impact of various types of microbial threats -- endemic infectious diseases, emerging infectious diseases, and AMR -- have often been calculated using different methodologies and presented and communicated differently, such as through cumulative cost versus average expected annual loss.
From page 3...
... The following topics were explored during the workshop2: • Economic costs from infectious diseases that may place a dispro portionate burden on low- and middle-income countries but affect regional and global stability • Gaps in assessing economic costs of microbial threats through multiple channels of disruption, including dynamics of fear-based behavioral change • Critical opportunities and challenges to model and develop metrics of risk, including identifying and using appropriate data, dealing with uncertainty, and building analytical tools to understand the potential economic consequences of infectious diseases • Strategies to incorporate estimates of infectious disease risk to mac roeconomic assessments of economic growth to ensure these risks are reflected in financial markets, business investment decisions, and flows of development assistance, and to link these assessments to incentives for action to minimize the threats • Implications for upstream and downstream strategies, policies, and interventions that various sectors of government, multilateral institutions, and others may carry out in preventing and mitigating the economic costs • Collaboration and coordination mechanisms among various stake holders and across the sectors of public health, animal health, economics, travel, trade, commerce, and agriculture, among others 1  The planning committee's role was limited to planning the workshop, and this Proceed ings of a Workshop was prepared by the workshop rapporteurs as a factual summary of what occurred at the workshop. Statements, recommendations, and opinions expressed are those of individual presenters and participants, and are not necessarily endorsed or verified by the National Academies of Sciences, Engineering, and Medicine, and they should not be construed as reflecting any group consensus.
From page 4...
... During the final session, speakers and discussants broke into three groups to identify potential knowledge gaps, research priorities, and strategies to advance the field in understanding the economics of microbial threats. ORGANIZATION OF THE PROCEEDINGS OF THE WORKSHOP In accordance with the policies of the National Academies, the workshop did not attempt to establish any conclusions or recommendations about addressing the economics of microbial threats, and instead focused on the information presented, questions raised, and improvements recommended by individual workshop participants.
From page 5...
... Chapter 9 provides an overview of next steps suggested during the breakout groups' discussions that took place during the final session of the workshop, as well as the subsequent discussion and general synthesis. Chapter 10 presents reflections on lessons learned and concluding remarks from the workshop.


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