Record Details

Macroeconomic Impact of HIV and AIDS on the Zimbabwean Economy: A Human Capital Approach

Botswana Journal of Economics

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Field Value
 
Title Macroeconomic Impact of HIV and AIDS on the Zimbabwean Economy: A Human Capital Approach
 
Creator Matshe, I
Pimhidzai, O
 
Subject HIV/AIDS
human capital
Zimbabwe
macro-economy
 
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
 
Publisher The Botswana Economics Association
 
Date 2010-09-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/boje/article/view/60305
10.4314/boje.v5i7.60305
 
Source Botswana Journal of Economics; Vol. 5 No. 7 (2008); 32-45
1810-0163
1810-0163
 
Language eng
 
Relation https://www.ajol.info/index.php/boje/article/view/60305/48548