Health Economics

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Mendero College
Tiguma, Pagadian City
S.Y 2010 – 2011

Health Economics
Health Status in Philippines and Asia

Term Paper

Submitted to:
Miss Femalyn Teleron

Submitted by:
Rhex Dean B. Alegarbes

At present, Philippines is one of the identified country that has rapid population growth Among the country of the United Nations, and sad to know that the Philippines was one of the country that suffer crisis. This result to poverty among people. Poverty is the lack of basic human needs, such as clean water, nutrition, health care, education, clothing and shelter. II. BODY

Poverty is the lack of basic human needs, such as clean water, nutrition, health care, education, clothing and shelter, because of the inability to afford them. This is also referred to as absolute poverty or destitution. Relative poverty is the condition of having fewer resources or less income than others within a society or country, or compared to worldwide averages. About 1.7 billion people live in absolute poverty; before the industrial revolution, poverty had mostly been the norm. Poverty reduction has historically been a result of economic growth as increased levels of production, such as modern industrial technology, made more wealth available for those who were otherwise too poor to afford them. Also, investments in modernizing agriculture and increasing yields is considered the core of the antipoverty effort, given three-quarters of the world's poor are rural farmers. Today, economic liberalization includes extending property rights, especially to land, to the poor, and making financial services, notably savings, accessible. Inefficient institutions, corruption and political instability can also discourage investment. Aid and government support in health, education and infrastructure helps growth by increasing human and physical capital. Causes

Scarcity of basic needs

Before the industrial revolution, poverty had been mostly accepted as inevitable as economies produced little, making wealth scarce. In Antwerp and Lyon, two of the largest cities in Western Europe, by 1600 three-quarters of the total population were too poor to pay taxes. In 18th century England, half the population was at least occasionally dependent on charity for subsistence. In modern times, food shortages have been reduced dramatically in the developed world, thanks to agricultural technologies such as nitrogen fertilizers, pesticides and new irrigation methods. Also, mass production of goods in places such as China has made what were once considered luxuries, such as vehicles or computers, inexpensive and thus accessible to many who were otherwise too poor to afford them. Rises in the costs of living make poor people less able to afford items. Poor people spend a greater portion of their budgets on food than richer people. As a result poor households and those near the poverty threshold can be particularly vulnerable to increases in food prices. For example in late 2007 increases in the price of grains led to food riots in some countries. The World Bank warned that 100 million people were at risk of sinking deeper into poverty. Threats to the supply of food may also be caused by drought and the water crisis. Intensive farming often leads to a vicious cycle of exhaustion of soil fertility and decline of agricultural yields. Approximately 40% of the world's agricultural land is seriously degraded. In Africa, if current trends of soil degradation continue the continent might be able to feed just 25% of its population by 2025, according to UNU's Ghana-based Institute for Natural Resources in Africa. Health care can be widely unavailable to the poor. The loss of health care workers emigrating from impoverished countries has a damaging effect. For example, an estimated 100,000 Philippine nurses emigrated between 1994 and 2006. There are more Ethiopian doctors in Chicago than in Ethiopia. Overpopulation and lack of access to birth control...
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