Unbiased Analysis of Today's Healthcare Issues
How can India hope to afford expanding health care coverage to half a billion people? The answer is that access to care may be restricted. As The Wire reports: India is embarking on covering 500 million people with state-sponsored health insurance. At this massive scale, the potential for huge distortions is real. The question is…
Highlights from The Economist’s article on Health Care in India: India spends only about 5% of GDP in medical care. Of this spending only one fifth is public spending. With an overwhelmed public sector, relatively low levels of insurance, a premium is put on frugal innovation. Fortis, a hospital chain in New Delhi, elects to…
In the July/August 2008 edition of Health Affairs, health economist Mark Pauly discuss his opinions with respect to the evolution of health insurance in India and China. He notes that in both countries, rising incomes has lead to increased demand for medical care, especially in urban areas. Despite the increased demand for medical care, there…
Below is a side-by-side comparison of health care and economic statistics from China and India. Category China India Population 1.33 billion 1.15 billion Life Expectancy (2008) 73.18 69.25 Infant Mortality Rate (per 1000 live births) 21.16 32.31 GDP (PPP) – 2007 $6.99 billion $2.99 trillion GDP/capita (PPP) – 2007 $5,300 $2,700 GDP growth – 2007…
The enforcement of intellectual property rights (IPR) in less developed countries is currently a topic of much public debate. Whether it is protecting the copyrights of Western recording artists or preventing `copycat’ technology goods, OECD countries are attempting to compel less developed countries (LDCs) to enforce IPR in their country. No area of IPR enforcement…