Health and Growth

Book Details:

• Author: Michael Spence

• Publisher: Rawat Publications

• Language: English

• ISBN: 9788131604205

• Pages: 214

• Cover: Hardcover

• Dimensions: 9.8 x 7.6 x 0.8 inches

About the Book
Health and Growth explores a critical question: how closely are a nation's health outcomes tied to its economic growth? This important volume, prepared for the Commission on Growth and Development, investigates the compelling link between public health investments and national productivity.

The book dives into a wide range of essential policy questions:

• Does better health directly contribute to economic prosperity?

• Can a country achieve high income growth without improving its public health systems?

• What is the impact of early childhood nutrition and development programs?

• How have health interventions historically influenced life expectancy and productivity?

• Where should governments prioritize spending to improve overall health status and economic welfare?

This comprehensive volume offers insights into the methodological challenges in quantifying the health-growth relationship and outlines actionable strategies that can shape effective national growth policies.

Through expert analyses and research, Michael Spence and other leading economists provide a framework to help policymakers understand the timing, types, and impacts of various health interventions on productivity and economic outcomes.

About the Author
Michael Spence is a Senior Fellow at the Hoover Institution and Philip H. Knight Professor Emeritus of Management at the Stanford Graduate School of Business. A Nobel Laureate in Economic Sciences, Spence brings authoritative insight into the complex relationship between health investments and growth.
Co-author Maureen Lewis is a senior adviser in the Development Economics Department of the World Bank, with past roles including Chief Economist for Human Development.