A disease affecting or tending to affect a disproportionately large number of individuals within a population, community, or region at the same time. A pandemic covers a wider geographical area than an epidemic. An epidemic is specific to one city, region or country, while a pandemic goes much further than national borders. The social disruption, economic loss, and general hardship caused by a pandemic are higher. sources: GLIDE, Medical News Today
21 May 2016, WB
The World Bank Group today launched the Pandemic Emergency Financing Facility (PEF), an innovative, fast-disbursing global financing mechanism designed to protect the world against deadly pandemics, which will create the first-ever insurance market for pandemic risk. Japan, which holds the G7 Presidency, committed the first $50 million in funding toward the new initiative.
|Source of data: OFDA/CRED International Disaster Database|
External Online Resources on Epidemic & Pandemic
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