The health economy in Mexico

The global health crisis caused by the coronavirus disease (COVID-19) pandemic has highlighted the important connection between the economy and health. This relationship exists at the microeconomic, macroeconomic and institutional levels, as health markets tend to suffer from market failures; hea...

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Detalles Bibliográficos
Autor principal: Lomelí Vanegas, Eduardo
Formato: Texto
Lenguaje:English
Publicado: 2021
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Acceso en línea:https://hdl.handle.net/11362/46934
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Sumario:The global health crisis caused by the coronavirus disease (COVID-19) pandemic has highlighted the important connection between the economy and health. This relationship exists at the microeconomic, macroeconomic and institutional levels, as health markets tend to suffer from market failures; health expenditure tends to increase as a percentage of gross domestic product (GDP), and its financing has long-term implications for public finances. In the case of Mexico, the creation of a public health system that is segmented —as a result of the social protection scheme applied since 1943, which has been reformed several times in recent years— has contributed to making access to health a major factor in inequality, playing a part in the multidimensional poverty of a significant segment of the population.