Innovative Financing for Global Health: Tools for Analyzing the Options

126 Pages Posted: 12 Jan 2009

See all articles by David de Ferranti

David de Ferranti

The Brookings Institution

Charles C. Griffin

The Brookings Institution

Maria-Luisa Escobar

affiliation not provided to SSRN

Amanda Glassman

Brookings Institution

Gina Lagomarsino

Results for Development

Date Written: August 1, 2008

Abstract

Improving global health - and, in particular, achieving better health outcomes for the world's poor people, including the more than 3 billion (half the planet's total population) who live on less than US$2 a day - has become a prominent priority in development agendas. Heightened search for more effective ways to accelerate progress has spawned intense interest in exploring innovative ways of financing health services and products.

Innovative financing for global health (IFH) covers a multitude of things. New initiatives associated with new, or newly re-cast, financial instruments are the core of it. Examples of such initiatives include the International Finance Facility for Immunization (IFF-Im), the Airline Solidarity Contribution (ASC, or simply, the airline tax), and the Advanced Market Commitment (AMC). In addition, a wider array of other options - see Box 1.1 for a partial list - come up as well in public discussion of IFH ideas, including some that are not new (e.g., tax relief for donating key medicines) and others that have broader relevance than health alone (e.g., debt relief). Further, the new institutions in global health - such as The Global Fund for AIDS, Tuberculosis, and Malaria (GF), The Global Alliance for Vaccines and Immunization (GAVI), and UNITAID (the entity that receives and deploys the proceeds of the airline tax) - are also sometimes considered to be IFH initiatives.

With so many new concepts and proposals pouring forth, so many problems still to solve, and so many questions arising about how everything fits together (e.g., which options are right for which issues, and whether there are promising new ideas deserving of attention), the interested parties - in donor and recipient governments, foundations, the research community, etc. - have sought more conceptual clarity and analytical tools to help them find their way through the complexities as they are confronted with policy choices. The Bill and Melinda Gates Foundation has been at the forefront of this quest, conscious of the need for some sort of framework and guide that can aid all concerned to understand the options and make informed decisions about them. The study that led to this report was funded by them.

Keywords: global health, global health financing, development, global poverty

Suggested Citation

de Ferranti, David and Griffin, Charles C. and Escobar, Maria-Luisa and Glassman, Amanda and Lagomarsino, Gina, Innovative Financing for Global Health: Tools for Analyzing the Options (August 1, 2008). Brookings Global Health Financing Initiative Working Paper No. 2, Available at SSRN: https://ssrn.com/abstract=1325363 or http://dx.doi.org/10.2139/ssrn.1325363

David De Ferranti (Contact Author)

The Brookings Institution ( email )

1775 Massachusetts Ave, NW
Washington, DC 20036
United States

HOME PAGE: http://www.brookings.edu/experts/deferrantid.aspx

Charles C. Griffin

The Brookings Institution ( email )

1775 Massachusetts Ave, NW
Washington, DC 20036
United States

HOME PAGE: http://www.brookings.edu/experts/griffinc.aspx

Maria-Luisa Escobar

affiliation not provided to SSRN ( email )

No Address Available

Amanda Glassman

Brookings Institution

1775 Massachusetts Ave, NW
Washington, DC 20036
United States

Gina Lagomarsino

Results for Development ( email )

1875 Connecticut Avenue, NW, Suite 1210
Washington, DC 20009
United States

HOME PAGE: http://resultsfordevelopment.org

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
171
Abstract Views
1,461
rank
222,678
PlumX Metrics