Author : Mr.Maitland MacFarlan,Ms.Silvia Sgherri
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 49,9 Mb
Release : 2001-06-01
Category : Health & Fitness
ISBN : 1451850301
The Macroeconomic Impact of HIV/AIDS in Botswana by Mr.Maitland MacFarlan,Ms.Silvia Sgherri Pdf
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key channels through which the pandemic is likely to affect the economic outlook and on the uncertainties involved. To estimate the impact of HIV/AIDS, a dual-economy equilibrium model is constructed and simulated under different scenarios. Depending on exactly how AIDS affects the outlook, GDP growth is projected to fall from around 51⁄2 percent a year without the pandemic to between 11⁄2 and 21⁄2 percent a year with AIDS. Non-negligible redistribution effects across sectors and labor skill categories are also likely to arise. Finally, the paper draws attention to the potential effects of HIV/AIDS on the long-term fiscal position of Botswana, highlighting the need for increased international support and/or lower drug prices so that the widespread introduction of anti-retroviral drug treatments is feasible.