U.S. Chamber of Commerce December 12, 2022
Issue Overview
Over the past century, economic historians estimate that improved health accounted for about one third of overall GDP per capita growth of developed economies. In fact, better health and aligned investment could add $12 trillion to global GDP in 2040—an 8 percent boost, or 0.4 percent a year faster growth.
Conversely, underinvestment in public health infrastructure and cuts to public health interventions can generate billions in additional cost burden across household, state, country and global levels.
Investment in health drives and enables sustainable growth through three key pathways:
- Micro-economic: increasing life...
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