Is International Healthcare Spending Converging?
It is a well known fact that the U.S. spends more on health care per person than any other country. But maybe healthcare spending is converging between countries? At least for the years 2000-2008, there is mixed evidence. U.S. healthcare spending per person grew by 3.4%. This is slower than Spain (4.7%), the U.K. (4.6%), the…