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Haacker, Markus (ed.)
The Macroeconomics of HIV
International Monetary Fund, 2004, 351 pp

Contains ten chapters with contributions from: Center for Global Development, the International Labor Organization, the International Monetary Fund, the Joint United Nations Programme on HIV/AIDS (UNAIDS), the London School of Economics, the University of California Los Angeles, the University of Heidelberg, and the World Bank.


"The Macroeconomics of HIV/AIDS is intended to fill in the gap in the literature between studies of specific sectors-especially public health and education-and bird’s-eye assessments of the broader social and economic consequences of HIV/AIDS. In contrast with most other macroeconomic studies on the subject, The Macroeconomics of HIV/AIDS emphasizes how HIV/AIDS affects society and the economy through its microeconomic impacts and also how the social and economic impact, combined with the increase in mortality rates, affects the welfare of individuals and households. The book has thus been written for a broad readership, which could include, for example, officials in a finance ministry assessing the impact of HIV/AIDS on the fiscal balance and outlook of their country. It could include representatives of an international financial organization and their counterparts in an AIDS-ravaged developing country, meeting to discuss the economic outlook or negotiate a policy program. The book is also likely to be of interest to members of the media and other policy observers in countries affected by HIV/AIDS, as well as to the representatives of nongovernmental organizations advocating an expanded response to HIV/AIDS in their home countries or worldwide. Last but not least, as policies to fight the epidemic attain increasing macroeconomic and fiscal relevance, this book’s readership could include those officials in international organizations, donor agencies, implementing agencies, and country governments who formulate and carry out such policies. The studies that make up the book explore several separate strands of inquiry, which can be grouped under three general headings: the demographic impact, the macroeconomic consequences, and the effect on government finance and public services. Chapters 2 through 6 discuss the macroeconomic effects of HIV/AIDS including education, welfare, poverty and mortality rates Chapters 7 through 10 deal with the impact of HIV/AIDS on the public sector. First, they provide a framework for assessing the effect of HIV/AIDS on the public sector itself. Second, although most issues in the formulation of a broad HIV/AIDS strategy-particularly the choice between different interventions-are beyond the scope of this book, these chapters seek to support this work by improving the understanding of the macroeconomic
and fiscal context in which such strategies will be implemented, providing policymakers and donors with tools for assessing and evaluating HIV/AIDS strategies from a broader development perspective."

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