Macroeconomic Impact of HIV and AIDS on the Zimbabwean Economy: A Human Capital Approach
Botswana Journal of Economics
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Title |
Macroeconomic Impact of HIV and AIDS on the Zimbabwean Economy: A Human Capital Approach
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Creator |
Matshe, I
Pimhidzai, O |
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Subject |
HIV/AIDS, human capital, Zimbabwe, macro-economy
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Description |
Zimbabwe is one of the countries severely affected by the HIV/AIDS epidemic. The high prevalence of the disease is not only a health problem but has become an economic problem, yet little effort had previously been directed at establishing the exact magnitude of HIV/AIDS’ economic impact. Using a human capital approach which measures the value of production lost as a result of HIV/AIDS - related morbidity and mortality and values an infected person’s economic return to society using an individual’s annual income, the study establishes that HIV/AIDS has resulted in significant output losses for the Zimbabwean economy. About 13.32% of 1993 GDP at factor cost (was lost due to HIV/AIDS in the years 1994 to 2003. The macroeconomic impact of HIV/AIDS is severe and can therefore not be ignored even if the prevalence drops to zero in the present period. Keywords: HIV/AIDS, human capital, Zimbabwe, macro-economy |
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Publisher |
The Botswana Economics Association
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Contributor |
—
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Date |
2010-09-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://www.ajol.info/index.php/boje/article/view/60305
10.4314/boje.v5i7.60305 |
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Source |
Botswana Journal of Economics; Vol 5, No 7 (2008); 32-45
1810-0163 1810-0163 |
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Language |
eng
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Relation |
https://www.ajol.info/index.php/boje/article/view/60305/48548
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Rights |
Copyright for content published in the journal is held by The Botswana Economics Association
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