Effects of Health Investment on Poverty Reduction in Developing Countries like Brazil
DOI:
https://doi.org/10.47604/jpid.2700Abstract
Purpose: The aim of the study was to analyze the effects of health investment on poverty reduction in Developing Countries.
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: Health investment in developing countries has been shown to effectively reduce poverty. Improved healthcare access leads to better health outcomes, boosting productivity and household incomes while mitigating healthcare expenses. Quality healthcare services, including preventive measures, break the poverty cycle by enhancing overall well-being and productivity. Strengthening healthcare infrastructure enhances resilience to health crises, crucial for sustainable poverty reduction and socio-economic development in these regions.
Unique Contribution to Theory, Practice and Policy: Health capital theory, social determinants of health theory & health capability approach may be used to anchor future studies on effects of health investment on poverty reduction in Developing Prioritization of investments in health systems strengthening, focusing on expanding access to essential healthcare services, improving healthcare quality, and promoting health equity. Recognition of health investment as a fundamental component of poverty reduction strategies, leading to increased government prioritization and allocation of resources to healthcare systems.
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