The Health and Wealth of Africa
David Bloom and
David Canning ()
World Economics, 2004, vol. 5, issue 2, 57-81
Among Africaâ€™s problems, chronic poverty and poor health stand out. Traditional development thinking has maintained that health improvements are a consequence of income growth. But new evidence shows that investing in health, with the aid of the international community, could make a big difference in Africaâ€™s economic prospects. Moreover, some feasible, low-cost interventions would likely have high returns. The pathways by which health can make a difference economically include those based on the heightened effectiveness of labor, increased savings, more effective educational investments, and demographic change.
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