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Global health funding and economic development

The impact of increased national wealth, as measured by Gross Domestic Product (GDP), on public health is widely understood, however an equally important but less well-acclaimed relationship exists between improvements in health and the growth of an economy. Communicable diseases such as HIV, TB, Ma...

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Detalles Bibliográficos
Autores principales: Martin, Greg, Grant, Alexandra, D'Agostino, Mark
Formato: Online Artículo Texto
Lenguaje:English
Publicado: BioMed Central 2012
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3353186/
https://www.ncbi.nlm.nih.gov/pubmed/22490207
http://dx.doi.org/10.1186/1744-8603-8-8
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author Martin, Greg
Grant, Alexandra
D'Agostino, Mark
author_facet Martin, Greg
Grant, Alexandra
D'Agostino, Mark
author_sort Martin, Greg
collection PubMed
description The impact of increased national wealth, as measured by Gross Domestic Product (GDP), on public health is widely understood, however an equally important but less well-acclaimed relationship exists between improvements in health and the growth of an economy. Communicable diseases such as HIV, TB, Malaria and the Neglected Tropical Diseases (NTDs) are impacting many of the world's poorest and most vulnerable populations, and depressing economic development. Sickness and disease has decreased the size and capabilities of the workforce through impeding access to education and suppressing foreign direct investment (FDI). There is clear evidence that by investing in health improvements a significant increase in GDP per capita can be attained in four ways: Firstly, healthier populations are more economically productive; secondly, proactive healthcare leads to decrease in many of the additive healthcare costs associated with lack of care (treating opportunistic infections in the case of HIV for example); thirdly, improved health represents a real economic and developmental outcome in-and-of itself and finally, healthcare spending capitalises on the Keynesian 'economic multiplier' effect. Continued under-investment in health and health systems represent an important threat to our future global prosperity. This editorial calls for a recognition of health as a major engine of economic growth and for commensurate investment in public health, particularly in poor countries.
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spelling pubmed-33531862012-05-16 Global health funding and economic development Martin, Greg Grant, Alexandra D'Agostino, Mark Global Health Editorial The impact of increased national wealth, as measured by Gross Domestic Product (GDP), on public health is widely understood, however an equally important but less well-acclaimed relationship exists between improvements in health and the growth of an economy. Communicable diseases such as HIV, TB, Malaria and the Neglected Tropical Diseases (NTDs) are impacting many of the world's poorest and most vulnerable populations, and depressing economic development. Sickness and disease has decreased the size and capabilities of the workforce through impeding access to education and suppressing foreign direct investment (FDI). There is clear evidence that by investing in health improvements a significant increase in GDP per capita can be attained in four ways: Firstly, healthier populations are more economically productive; secondly, proactive healthcare leads to decrease in many of the additive healthcare costs associated with lack of care (treating opportunistic infections in the case of HIV for example); thirdly, improved health represents a real economic and developmental outcome in-and-of itself and finally, healthcare spending capitalises on the Keynesian 'economic multiplier' effect. Continued under-investment in health and health systems represent an important threat to our future global prosperity. This editorial calls for a recognition of health as a major engine of economic growth and for commensurate investment in public health, particularly in poor countries. BioMed Central 2012-04-10 /pmc/articles/PMC3353186/ /pubmed/22490207 http://dx.doi.org/10.1186/1744-8603-8-8 Text en Copyright ©2012 Martin et al; licensee BioMed Central Ltd. http://creativecommons.org/licenses/by/2.0 This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Editorial
Martin, Greg
Grant, Alexandra
D'Agostino, Mark
Global health funding and economic development
title Global health funding and economic development
title_full Global health funding and economic development
title_fullStr Global health funding and economic development
title_full_unstemmed Global health funding and economic development
title_short Global health funding and economic development
title_sort global health funding and economic development
topic Editorial
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3353186/
https://www.ncbi.nlm.nih.gov/pubmed/22490207
http://dx.doi.org/10.1186/1744-8603-8-8
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