Volume 5 (2005)
Most Downloaded Articles
- Services Trade Liberalisation and Domestic Regulations: The Developing Country Conundrum by Karmakar, Suparna
- Is Food Security a New Tariff? Explaining Changes in Sanitary and Phytosanitary Regulations by World Trade Organization Members by Long, Andrew G./ Kastner, Justin J. and Kassatly, Raymond
- The Impact of Basel III on Emerging Economies by Abdel-Baki, Monal A.
- Financial Liberalization, Banking Crises and Economic Growth: The Case of South Mediterranean Countries by Ben Salha, Ousama/ Bouazizi, Tarek and Aloui, Chaker
- Product Quality, Trade, and Adjustment: The China-ASEAN Experience by Azhar, A. KM/ Elliott, Rob J. and Liu, Junting
A Survey of Macro Damages from Non-Communicable Chronic Diseases: Another Challenge for Global Governance
Citation Information: Global Economy Journal. Volume 11, Issue 1, Pages –, ISSN (Online) 1524-5861, DOI: 10.2202/1524-5861.1725, March 2011
- Published Online:
Non-communicable chronic diseases (NCDs) are currently the largest global cause of adult mortality, one of the principal burdens of disease in developed and underdeveloped countries. Their main causes are well known, tobacco use, unhealthy diet, physical inactivity and the harmful use of alcohol. The prevalence of these risk factors is directly related to the activities of transnational corporations (TNCs). For example, just the TNC budgets dedicated to advertising risky consumption are larger than the budget of the World Health Organization.A literature survey shows that NCDs have important long-term macroeconomic impacts, whose detailed evaluation has only just begun. The sheer burden on the working and aged population implies strong impacts on labor, saving and investment, as well as increased human capital depreciation. These will all impact long-term economic growth. It is a research priority to quantify these impacts. However, in the context of globalization, NCD is developing faster than its rigorous analysis.Research results show that what is needed is preventive action. This requires a global institutional framework capable of controlling NCD risk factors, which can also promote health and economic growth in general. Developing legal mechanisms to slow the negative impact of the deficient nutrition transition would be a step in that direction. Global markets need to be balanced with global governance holding TNCs responsible for their impact, promoting cooperative solutions when available, and taxing them so that they carry their fair share of social weight.