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HIV/AIDS, Demography and Development: Individual Choices Versus Public Policies in SSA
Ist Teil von
Human Capital and Economic Growth, p.323-356
Ort / Verlag
Cham: Springer International Publishing
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Despite the increasing rate of diffusion of effective therapies, the battle against HIV/AIDS in Sub-Saharan Africa (SSA) is far from being over. Three main challenges are that the epidemics might paralyse or reverse the fertility transition, the expansion of the resources needed to finance the fight against HIV, and the emerging resistance to anti-retroviral treatments. This research proposes a UGT-like model showing the complexity of the interplay amongst the (macro)economy, the epidemics, their endogenous feedback on mortality and fertility and the central role of policy actions aimed to fight HIV. The disease-induced increase in adult mortality can hamper economic development by its upward pressure on the precautionary demand for children and downward pressure on education. This can dramatically reduce physical and human capital accumulation.