Economic Scarring: Channels and Policy Implications

Reimportation of Pharmaceuticals: Economic and Policy Implications

The economic implications of a health policy.

This title raises a number of important issues which this paper does not attempt to explore. Any adequate response would require some analysis of what is meant by a 'health policy'. Some attempt would need to be made to evaluate the benefits of health, the costs to society of disease and the resource requirements of policies intended to promote health. Such a 'health policy' would need to relat...

Global Warming Policy: Some Economic Implications

Many analysts believe that adverse climate changes in the form of global warming are— or soon will be—under way as the result of anthropogenic emissions of greenhouse gases. (See the box entitled “What Is Global Warming?”) The largest such source of these gases is carbon dioxide (CO2) resulting from the growing consumption of fossil fuels (petroleum products, natural gas, and coal). Consequentl...

Financial Literacy and Economic Outcomes: Evidence and Policy Implications.

This paper reviews what we have learned over the past decade about financial literacy and its relationship to financial decision-making around the world. Using three questions, we have surveyed people in several countries to determine whether they have the fundamental knowledge of economics and finance needed to function as effective decision-makers. We find that levels of financial literacy ar...

Economic Crises and Natural Disasters: Coping Strategies and Policy Implications

— This paper reviews 12 studies presented at a conference examining two broad themes: (a) the interplay between household coping strategies and the impact of crises and natural disasters on various dimensions of well-being (e.g., consumption and child nutrition); and (b) some of the exante and ex-post strategies that public agencies can adopt so they can be more effective in protecting househol...