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Investing in Health: A Contribution to the Achievement of the Lisbon Agenda

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  • McKee, Martin
  • Suhrcke, Marc

Abstract

In the Lisbon Agenda, the European Union’s member States have committed themselves to invest in becoming the most competitive economy in the world. In this paper we review the evidence on whether investment in health should be part of this process. Concentrating on microeconomic studies, we show how better health can increase productivity and labour supply. In addition, there is an indirect positive effect through the investment that healthy people make their own education. Governments pursuing sustainable economic growth – broadly defined – should include the health of their population along with education and physical infrastructure in a balanced investment strategy.

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  • McKee, Martin & Suhrcke, Marc, 2010. "Investing in Health: A Contribution to the Achievement of the Lisbon Agenda," European Review, Cambridge University Press, vol. 18(1), pages 9-21, February.
    • Handle: RePEc:cup:eurrev:v:18:y:2010:i:01:p:9-21_99
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    Cited by:

    1. Candace Currie & Dorothy Currie & Leonardo Menchini & Chris Roberts & Dominic Richardson, 2011. "Comparing Inequality in the Well-being of Children in Economically Advanced Countries: A methodology," Papers inwopa651, Innocenti Working Papers.

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