Price of Good Health

Five of the United Nations’ eight millennium goals – eradicate extreme poverty and hunger; reduce child mortality; improve maternal health; combat HIV/AIDS, malaria and other diseases; ensure environmental sustainability – are directly tied to health. The other three – achieve universal primary education, promote gender equality and partnering on development – also boost health standards. Assistance on developmental health increased soon after the UN released the goals in 2000, reports the Institute for Health Metrics and Evaluation. Spending has leveled off in recent years despite $1 billion spending on Ebola in 2014. Contagious diseases and challenges associated with poverty, lack of education, gender inequality or environmental problems quickly leap borders, and global investment on health is done in a patchwork way. “Overall, the world has donated $227.9 billion to global health projects in poor countries since 2000,” writes Amy Nordrum for International Business Times. “For comparison, Qatar is expected to spend roughly $200 billion on preparations to host the 2022 World Cup.” Gains have been made, including malaria rates dropping by 50 percent, yet targets for spending are often based on donor fears and whims. – YaleGlobal

Price of Good Health

Nations spent $228 billion on global health projects in poor countries over past 15 years
Amy Nordrum
Monday, June 22, 2015

Amy Nordrum is a science/business writer at International Business Times. In the past, her work has been featured by Scientific American, Smithsonian Magazine, IEEE Spectrum and The Atlantic.

Read the report “Financing Global Health 2014: Shifts in Funding as MDG Era Closes” from the Institute for Health Metrics and Evaluation and was funded by the Bill & Melinda Gates Foundation.

Read about the United Nations eight millennium goals.

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