7. The Impact of HIV/AIDS on Government Finance and Public Services
Author:
Mr. Markus Haacker
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Language:
English
Print Publication Date:
19 Nov 2004
Keywords:
BOOK; Aids; life expectancy; AIDS orphan; government employee; brain drain; government ministry; AIDS education; HIV and AIDS; Health care; Health care spending; Africa; Sub-Saharan Africa

Abstract

HIV/AIDS is a serious challenge to economic development. Increasing mortality and morbidity reduce living standards directly and have repercussions that affect all areas of the economy. Individuals and households face increasing risks, both directly through the risk of infection, and indirectly as formal and informal social insurance mechanisms are eroded. Companies face productivity losses and increasing costs of medical and death-related benefits. At the macroeconomic level, economic growth declines as the population grows more slowly and as reduced national saving, rising costs, and declining economic prospects deter investment.1

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Cover The Macroeconomics of HIV/AIDS
The Macroeconomics of HIV/AIDS
ISBN:
9781589063600
Publication Date:
19 Nov 2004
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589063600.071
Pages:
364