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OUTLOOK special section: Making sense of the money & where does the money for AIDS go?

13 juillet 2010

In most countries health spending increases at the same rate as the overall economy grows. In an economist’s world, where necessity has an elasticity of 0 and luxury an elasticity of 1, health care has an income elasticity of close to 1. So how can your gut reaction be made to mirror reality? OUTLOOK looks at the possibilities.