Economic impact of AIDS

Created by: Alicia
Created on: 24-02-14 10:11

What are the microeconomic impacts on business?

- There will be higher levels of absenteeism, increasing staff turnover, therefore reducing productivity. The impact will be felt mostly by small and medium sized companies, where the loss of a single worker will be difficult to cope with.

1 of 5

What are the microeconomic impacts on households?

AIDS patients are most likely to be adults in their thirties. If an adult becomes sick, they will miss work meaning their household will lose that person's income, also extra costs associated with health care.

2 of 5

What are the microeconomic impacts on the State?

In Russia and other middle-income-countries, a portion of the burden of extra health care costs falls on the state. Russian GDP spent on health care rose from 3% in 1990 to 7% in 1998. But, by 2007, it had fallen back to 5.6%.

3 of 5

What was the conclusion of 'Confronting AIDS'?

The impact that AIDS could have on the economic output of different countries around the world.

4 of 5

What was the counter to this optimistic conclusion?

On a broader level, the economic effects of HIV/AIDS are considered to be minimal, the impacts of the disease on families at an individual level must not be overlooked.

5 of 5

Other cards in this set

Card 2

Front

What are the microeconomic impacts on households?

Back

Card 3

Front

What are the microeconomic impacts on the State?

Back

Card 4

Front

What was the conclusion of 'Confronting AIDS'?

Back

Card 5

Front

What was the counter to this optimistic conclusion?

Back

Similar Geography resources:

See all Geography resources »

See all Health Issues resources »

Get Revising

Economic impact of AIDS