To date, the effects of SARS on the U.S. economy have been minimal. Airlines have obviously suffered another serious blow, and some U.S. multinational corporations are reporting reduced foreign sales. But the effects on other industries have been small. Initially, there had been some concern that SARS would disrupt the just-in-time inventory systems of U.S. manufacturers.
In sum, I invite you to contemplate how Central European economies could utilize these shocks as spurs to sustainable action that would accelerate overall convergence. 1 From the treatise "The Physics" by Aristotle. 2 Definition of convergence clubs comes from Phillips and Sul (2009). 3/3  BIS - Central bankers' speeches