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Pharmaceuticals and the Developing World

  • Michael Kremer
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    Pharmaceuticals 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.

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    Article provided by American Economic Association in its journal Journal of Economic Perspectives.

    Volume (Year): 16 (2002)
    Issue (Month): 4 (Fall)
    Pages: 67-90

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    Handle: RePEc:aea:jecper:v:16:y:2002:i:4:p:67-90
    Note: DOI: 10.1257/089533002320950984
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    1. Michael Kremer, 2000. "Creating Markets for New Vaccines Part I: Rationale," NBER Working Papers 7716, National Bureau of Economic Research, Inc.
    2. Robert W. Fogel, 1984. "Nutrition and the Decline in Mortality Since 1700: Some Preliminary Findings," NBER Working Papers 1402, National Bureau of Economic Research, Inc.
    3. Di Tella, Rafael & Schargrodsky, Ernesto, 2003. "The Role of Wages and Auditing during a Crackdown on Corruption in the City of Buenos Aires," Journal of Law and Economics, University of Chicago Press, vol. 46(1), pages 269-92, April.
    4. Leonard, Kenneth L., 2002. "When both states and markets fail: asymmetric information and the role of NGOs in African health care," International Review of Law and Economics, Elsevier, vol. 22(1), pages 61-80, July.
    5. Michael Kremer, 2001. "Creating Markets for New Vaccines - Part II: Design Issues," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 73-118 National Bureau of Economic Research, Inc.
    6. World Bank, 2001. "Immunization," World Bank Other Operational Studies 9794, The World Bank.
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