Ethical and Economic Perspectives on Global Health Interventions
Forthcoming in Garrett Brown and Gavin Yamey (eds.), The Handbook of Global Health Policy. Wiley Blackwell
26 Pages Posted: 14 Feb 2012 Last revised: 2 Aug 2012
Date Written: August 2, 2012
Abstract
We suggest how contemporary global institutions shaping the development, pricing and distribution of vaccines and drugs may be modified to deliver large improvements in health. To support a justice argument for such modification, we show how the current global economic order may contribute to perpetuating poverty and poor health in less-developed countries. To support an economic argument for such intervention, we adduce recent evidence which shows that improving early childhood health raises the future quality of life and, in addition, has multiplier effects, stimulating human capital investment and raising employment and earnings.
Keywords: disease-poverty trap, infant mortality, mother-child transmission of health, globalization, patents, justice, Health Impact Fund
JEL Classification: I2, I18, J18
Suggested Citation: Suggested Citation
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