“The economic losses of vaccine-preventable diseases (VPD) to developing countries are tremendous: investing in vaccines in low- and middle-income countries would save 6.4 million children until 2020 – an investment valued at $231 billion. The same is true for developed economies: the United States has saved over $180 billion by becoming polio-free.
The value of disease eradication is very high because VPD elimination is a global public good: once a VPD is eliminated, everyone benefits from it. This also brings in the incentives to free ride, given the nonrivalrous and nonexclusive nature of global public goods. The economic and humanitarian benefits of vaccination are evident; but so are the economic limits of achieving elimination.” Love Thy Neighbor(s): The Need for Herd Immunity
The value of disease eradication is very high because VPD elimination is a global public good: once a VPD is eliminated, everyone benefits from it. This also brings in the incentives to free ride, given the nonrivalrous and nonexclusive nature of global public goods. The economic and humanitarian benefits of vaccination are evident; but so are the economic limits of achieving elimination.” Love Thy Neighbor(s): The Need for Herd Immunity
Notes
-
bonedust reblogged this from caraobrien
-
lewesde reblogged this from caraobrien
-
sammysayalot reblogged this from caraobrien
-
librarianpirate liked this
-
caraobrien posted this
