A healthy population is good for the economy
Newswise — It’s official. A healthy population is good for a
nation’s economy, say researchers in this week’s BMJ.
Although it is now accepted that better health increases economic
growth in poor countries, it was less clear that this would also be
true in rich countries.
So the researchers examined the link between health and wealth in
rich countries and found that healthier people are more productive
at work, earn more, and spend more time in the labour force.
Substantial and consistent evidence from rich countries shows that
healthier people have higher earnings, say Professor Martin McKee
and colleagues. Other studies show that better health increases both
the number of hours worked and the probability that an individual
will be employed. In contrast, poor health increases the likelihood
that someone will retire early.
Although some of these results may be subject to methodological
problems, the overwhelming conclusion is that good health has
benefits beyond the individual, say the authors.
But how does health affect the national economy?
The current economic wealth of rich countries owes much to previous
health gains, they write. For example, about 30% of economic growth
in the United Kingdom between 1790 and 1980 can be attributed to
better health and dietary intake.
A study in 10 industrialised countries during the century to the
mid-1990s also found that better health increased the rate of
economic growth by about 30%.
More information is needed to track the contribution of health to
economic development, they say. But it seems that better health,
measured appropriately, may contribute substantially to economic
growth in all countries.