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The Economics of HIV/AIDS: A Survey

  • Edoardo Gaffeo

    ()

    (University of Udine, Italy)

This article surveys the main economic issues associated with the HIV/AIDS epidemic, paying special attention to sub-Saharan Africa. It explores the economic and behavioural determinants of HIV transmission, the microeconomics of market failures associated with high HIV prevalence, the prospects for regional development from a macroeconomic perspective and the efficient design of policies for coping with the epidemic. In line with the recent appeal by the UN Secretary General, the article argues that, without a decisive effort to halt HIV/AIDS, people living in the region are bound to experience a further fall in their standard of living in both relative and absolute terms. However, to be effective, anti-AIDS programmes must be rooted in sound economic principles. Copyright Overseas Development Institute, 2003.

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Article provided by Overseas Development Institute in its journal Development Policy Review.

Volume (Year): 21 (2003)
Issue (Month): 1 (01)
Pages: 27-49

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Handle: RePEc:bla:devpol:v:21:y:2003:i:1:p:27-49
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