Pharmaceuticals and the Developing World
AbstractPharmaceuticals have greatly improved health in developing countries, but many people in developing countries do not obtain even inexpensive pharmaceuticals and little pharmaceutical R&D is oriented toward products needed by developing countries, such as a malaria vaccine. Access to existing products could be improved by facilitating differential pricing, for example by subsidizing donation programs, and reforming health care delivery. R&D incentives could be improved if rich countries or international organization committed to purchase needed products when they are developed and make them available to the poor.
CitationKremer, Michael. 2002. "Pharmaceuticals and the Developing World ." Journal of Economic Perspectives, 16 (4): 67-90. DOI: 10.1257/089533002320950984
- L65 Chemicals; Rubber; Drugs; Biotechnology
- O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
- I11 Analysis of Health Care Markets