where: Efficiency is the public health spending efficiency; YoungerPop is the share of population ages 0-14 to the total population; OlderPop is the share of population ages 65 and above to the total population; Population Density is the number of people per square kilometer of land area; GDPG refers to GDP growth; Inflation is the country's inflation rate; FDI is the inflows of foreign direct investment (FDI) as share of GDP; ODA is the net official development assistance (ODA) received per capita; the variable Exports refers to the share of exports of goods and services to GDP; VA, PV, RL, and CC refer to the governance indicators: voice and accountability, political stability and absence of violence or terrorism, rule of law, and control …show more content…
Three other equations (Equations 5-7) will be estimated to observe the behaviour of the demographic indicators' coefficients when control variables are present. Aside from the three main regressors, economic indicators are added as controls in Equation 5, while only governance indicators are included in Equation 6. In Equation 7, all economic and governance indicators are present in the regression analysis.
The rationale for the study's choice of independent and control variables, as well as their specifications, will be discussed as a basis for the empirical analysis. For a more organized discussion of the determinants, the regressors are grouped into three categories: demographic, economic, and governance indicators. The summary of independent and control variables used in this paper and their predicted signs are presented in Table
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Governance scores range from -2.5 (weak) to 2.5 (strong). Higher score values on these variables mean that the corresponding country is showing a better performance in governance. All four variables are expected to positively affect health spending efficiency. A higher voice and accountability score indicates that politicians are bound to provide better services since they know that their actions are being monitored by their constituents. Higher scores for rule of law and political stability and absence of violence or terrorism would mean that there are less risks involved in terms of the country's political and economic stability. A higher control of corruption score means that corruption in a particular country is lower, and is capable of providing public goods and services with less wastage of
HEALTH CARE SPENDING AND SOCIAL SERVICE SPENDING IN CANADA Introduction Health care spending is a major issue in Canada. According to Smith, Mitton and Kershaw(2016)total public health expenditure in Canada has increased significantly. In terms of Gross Domestic Product(GDP)public health care expenditures increased from 6.4 percent in 1995 to 8 percent in 2010. This places Canada among the top spenders on health care among developed countries(p. e130).
The Federal government became involved in public health because the State and Local government needed some assistance. The justification came for the Constitution, although the Constitution do not mention health it did stated that the Federal Government must promote the general welfare and provide for the common defense. The Federal exercised taxes to raise revenue in the form of grants to aid the State financially.
A further problem associated with the costs of Obamacare is the enormous overhead which the production, maintenance, and general administration of the program requires. As Dan Mangan points out, the overhead costs associated with the development and implementation run upwards of $270 billion. In developing this point, Mangan writes, “The overhead cost [of Obamacare] equals a whopping 22.5 percent of the estimated $2.76 trillion in all federal government spending for the Affordable Care Act programs during that time . . . In contrast, the federal government’s traditional Medicare program has an overhead of just 2 percent” (Mangan, 2015). To a considerable extent, the massively large overhead that has historically come to be associated with Obamacare comes from the
For example, the corrupted people can enjoy a better life but other is still get trouble on how to live a good life. The most dangerous effect of corruption is when judiciary is corrupted. Development, justice and civil society are based on law and justice, but in developing countries corrupted people uses law to justify their illegal behaviors. Otherwise, there are many cases that government officials cooperate with mafia in other developing countries.
Corruption occurs in a government when politicians are bought out by private companies. These companies would pay the politicians large sums of money and in return, the politicians would do political favors for the companies. According
Evaluation Six metrics were used: economies, government, health, labor, trade investment, and infrastructure. These six metrics were broken down into sub-metrics: inflation rates, gross domestic product, government tax rates, life expectancy, infant mortality rates, size of labor force, unemployment rate, imports, and exports. The countries were scored on a scale of 1 to 4, under each of the sub-metrics. 1 being the best score possible and 4 being the worst. The countries total scores were taken and divided it by 12 to calculate competitiveness coefficient.
Step 1: Each country’s population trends are unique, they represent the country’s stories of struggle, hardship, and even success. When one compares the given five countries (Canada, Peru, Poland, Cameroon, and Pakistan), one is able to see the individual challenges each country faces. Step 2: There differences between the five countries given are vast and numerous. Canada seems to be commonly viewed as a highly developed country compared to the others.
A demographic transition is divided into four stages in which it includes the changes that happen within a population .These changes are those of birth and death rates in which it changes from high levels to lower levels with having a low rate of natural increase, and usually these changes happen because of how a country’s standard of living starts to develop not only that but also how their economy starts to develop and how the country is operating in general. Each country has had witnessed a certain type of stage in which they either have faced advantages in facing those stages or have had faced disadvantages in facing any of those stages. Now as mentioned earlier the demographic transition consists of four stages in which each stage represents
Governments throughout the world intervene in the health sector. It is hardly for any economic activity to be free from the government intervention. In Malaysia, the government intervention shown in the three main categories, including provision of goods and services, redistribution and regulation under the dominant scopes of financing, production or delivery as well as regulation of healthcare industries (Folland, Goodman, & Stano, 2010). Undeniably, there are many factors could motivate intervention in healthcare by the government such as equity, efficiency and monopoly power. It is true that all these factors are arises due to the existence of market failure which acts as an economic rationale for government intervention.
TUNRADA W. 5504641993 Democracy and Corruption Does democracy produces or reduces corruption and how The question whether democracy produces or reduces corruption has been raised in the past decade observing the mixed evidences occurred across the world. Some democratic states tend to successfully overcome the problem of corruption, some in contrary faces with the more dramatic trouble than before. In the some unsuccessful, discourses were made blaming democracy as a tool for greedy agencies to take advantage from the people of the country.
namely Canada, Japan, Peru and Zaire for the year 1994. As is observed from the given data, Canada and Japan had far better economic and social conditions than the other two countries. We can observe from the given information that, Japan had the highest literacy rate (99%), per person annual income (USD 15760), longest life expectancy (78 years) and second highest (2846) daily calorie supply per person. Again Canada was another country with a very good social and economic situation that had 99% literate population, USD 11100 per person annual earning, 76 years life expectancy and the highest daily calorie supply per person which was 3326. On the contrary, the other two countries had poorer economic and social conditions.
There are also several determinants that contribute to economic growth in different countries. In the global platform, the main determinant is the international trade between countries where some have a better trade than others. To be productive, a state requires some drivers with the main determinants being political climate. The political climate in any country sets the stage for all other factors because the leadership determines the level of peace, ease of doing business, technological advancement, and production capacities. The other determinant land is an essential factor of production as well as capital and labor.
A demographic Transition Model consists of birth rate and death rate, which is two demographic characteristics on historical population trends. Demographic transition models have 4 stages and possibly a stage 5 on occasion. Stage 1 is the High Fluctuating stage, Stage 2 is the Early Expanding, Stage 3 is the Late Expanding and Stage 4 is the Low Fluctuating, and the last stage that is only occasionally used is the Stage 5 the Declining stage. Birth and death rates vary due to the developed and developing countries. Developed countries have security goals by which helps with providing safer and better living conditions while the developing countries are in processes with programs to help with the conditions in their country.
I do find the Health Impact Fund (HIF) as a desirable option, but at the same time just as Ryan described on his post, change is never easy, being this in my opinion the biggest disadvantage for HIF. For many years there have been problems throughout the years around the world regarding to access to medicines, especially in low and middle income countries. TRIPS has raised many problems in global health, and while different programs and solutions have been tried, still many developing countries do not have the facilities needed to produce essential medicines and 80% of money that families in low income countries spend in health care is still related to medicines 1. As described on this week’s lecture, licensing a product does not solve the
Controlling the population means two opposite things, the effort to increase or decrease the number of people in each and every country. In countries which lack development and where a very high rate of poverty is present, control of the population is a necessity, and poverty has a direct relation to population growth. It cannot be automatically stopped or completely prevented, and when it grows, there are chances of high competition among the members of the population, leading to war or disputes between countries and thus, reducing the total number