Good Health and Well-being

HEALTH IMPACT ON ECONOMIC GROWTH- AN EMPIRICAL ANALYSIS- PRODUCTION FUNCTION MODEL

This paper incorporated a time series data into Cobb- Douglas production function to investigate the effect of health human capital on economic growth. We used the data of health, economic growth, labor force and physical capital from 1960 to 2016 in Afghanistan. Additionally, we divided the health index into two variables of health services and life expectancy to further evaluate the effect of health human capital on economic growth. The result shows that labor force and physical capital affect the economic growth of Afghanistan positively and significantly. However, health index, life expectancy and a number of doctors per 1000, which is a proxy for health services, affect the economic growth of the country positively, but statistically insignificant.

UNDERSTANDING THE HEALTH STATUS OF SOUTH ASIA AND ITS DETERMINANTS

Health profile is a very decisive factor in determining the productive capacity and growth potentials of an economy. This study contributes in assessing the compact health picture of a country by constructing an index, based on the most important factors in South Asia along with Least Developed Countries since this differs from the higher income countries. A comparative global analysis shows the validity of the formed index. It also attempts to examine the major predictors of health status through an econometric analysis of panel data. The result shows that along with conventional variables, the efficiency of government has a significant role to play. In addition, this study answers some paradoxical questions regarding the effect of healthcare expenditure in LDCs.

BHUTAN’S PAPER ON GOOD HEALTH AND WELL-BEING

Good health and well-being have been considered as one of the important development goals for South Asian countries. The Sustainable Development Goals have the potential to catalyze further transformation in global health, helping to achieve the vision of Global Health 2035. Sustainable Development Goal 3 (SDG 3) that is good health and wellbeing introduces additional targets for non-communicable diseases, mental health, substance abuse, injuries, universal health coverage, and pollution. This achievement of the target largely depends upon how the progress of SDG 3 takes place in the various South Asian countries. Therefore, this paper identifies the overall health status of the South Asian countries along with influential factors that contribute to the achievement of good health and well-being. It also provides a brief outlook on the public and private expenditure in the health sector. The paper also provides with an idea of financing SDG 3 through Corporate Social Responsibility.

AN ANALYSIS OF SOCIAL DEMOGRAPHIC FACTORS AFFECTING HOUSEHOLD OUT OF POCKET HEALTH EXPENDITURE AND A COMPARISON OF ALTERNATIVE MODELS OF HEALTH INSURANCE VERSUS TAX-FINANCED HEALTH SYSTEMS IN ACHIEVING UNIVERSAL HEALTH COVERAGE

Financial protection against health care costs is an important component of the goal of Universal Health Coverage. In India, 69.1% of the current health expenditures in financed through out of pocket expenses and this is a major cause of the impoverishment of many households. This study uses empirical analysis to determine the social demographic factors that have the highest impact on household out of pocket health expenditure. It also aims to investigate whether health insurance leads to a decrease in out of pocket expenses. The findings suggest that health insurance has in fact led to a significant increase in out of pocket expenditure. These results, when combined with other studies in the field, suggest that the government must be the primary provider of health services and there is dire need to expand the outreach of primary and preventive services in particular.

EQUITY IN HEALTH CARE: INCIDENCE OF CATASTROPHIC PAYMENTS IN NEPAL

This article studies the prevalence of out of pocket payment in Nepalese households using Nepal Living Standard Survey III (2010-2011) microdata. Household consumption is computed by consumption approach and out of pocket health payment is calculated for each household. Health payments are further analyzed through catastrophic payment headcount, OOP ratio, Concentra on curve and Concentra on index across the sample population on. The finding suggests that despite decreasing official OOP contribution on macro health accounts, there has been li le to no change in equity of health payment. While correcting consumption for non-food consumption, there exist a high level of OOP payment and its concentration on nature is pro-rich.

EXPECTED AGEING AND DETERMINANTS OF ELDERLY CORESIDENCE IN PUNJAB, PAKISTAN

Even though elderly co-living with sons is very high in Pakistan, issue of elderly welfare is a cause for concern, given expected aging in the coming decades, more urbanization, economic growth and possibly cultural change. Thus, the paper focuses mainly on studying how coresidence varies in Punjab visa-vis economic, health and demographic dimensions. The findings indicate the importance of economic incentives, the relationship between the health of elderly and coresidence as well as migration and elderly welfare. Family support systems to respond to elderly need but there may be room for Pareto improvement via state elderly policy, moving away from sole reliance on family as old age support.

REDUCING MATERNAL MORTALITY: IDENTIFICATION OF CONTRIBUTORY FACTORS FOR POLICY FORMULATION

This research paper focuses mainly on maternal mortality reduction and the factors that can influence maternal mortality of a country. The South Asian region has the challenge of reducing the maternal mortality ratio to half by the year 2030 in order to reach the Sustainable Development Target specified under Good Health and Wellbeing. Most of the countries in the region have high maternal mortality ratios. Therefore, in order to facilitate the reduction of maternal mortality, the governments of each country need to identify the areas that should be improved. This research takes in to account the success stories of countries in the South Asian region in order to propose strategies to be followed by other countries in addressing the problem of high maternal mortality.