How does Germany's health sector contribute to the economy?

Miriam Blümel, Lynn Al Tayara, Elisa Gomez, Julia Zimmerman, Jonathan Cylus, Sarah Thomson, Triin Habicht and Tamás Evetovits

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Health matters. The health sector is an important and innovative industry, as well as a source of stable employment for many people. Health systems support active and productive populations, reduce inequities and poverty and promote social cohesion. A strong health system makes good economic sense and underpins the overall sustainable development agenda Countries around the world are grappling with the health, economic and fiscal implications of the COVID-19 pandemic. As they begin to recover from the crisis, difficult decisions will need to be made about how to allocate scarce resources. These snapshots share valuable evidence for policy-makers on how investing in health sectors and health systems helps to achieve national economic objectives.

JEL-codes: J01 N0 R14 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2022-12-08
New Economics Papers: this item is included in nep-eur
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