This review article examines the relationship between health and economic development,highlighting the economic benefits of investing in health.The rise of non-communicable diseases(NCDs)and the COVID-19 pandemic have...This review article examines the relationship between health and economic development,highlighting the economic benefits of investing in health.The rise of non-communicable diseases(NCDs)and the COVID-19 pandemic have exposed high demand for increased investment in health as well as critical gaps in the global health system,particularly in low-and middle-income countries,where investments in primary healthcare and innovations in health technologies are lacking.The article emphasizes the importance of examining the economic impact of health,providing a summary of the different pathways through which health impacts the economy and reviewing various economic analyses,including a novel methodology called the health-augmented macroeconomic model(HMM)for evaluating the macroeconomic value of investing in health.The article suggests that reducing disease burdens can effectively generate sizable economic returns,and it is vital to integrate the concept of economic value in health policies and interventions.展开更多
文摘This review article examines the relationship between health and economic development,highlighting the economic benefits of investing in health.The rise of non-communicable diseases(NCDs)and the COVID-19 pandemic have exposed high demand for increased investment in health as well as critical gaps in the global health system,particularly in low-and middle-income countries,where investments in primary healthcare and innovations in health technologies are lacking.The article emphasizes the importance of examining the economic impact of health,providing a summary of the different pathways through which health impacts the economy and reviewing various economic analyses,including a novel methodology called the health-augmented macroeconomic model(HMM)for evaluating the macroeconomic value of investing in health.The article suggests that reducing disease burdens can effectively generate sizable economic returns,and it is vital to integrate the concept of economic value in health policies and interventions.
