ECON 313 Chapter Notes - Chapter 8: Public Health, Gini Coefficient, Malnutrition
18 Apr 2016
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Document Summary
Education and health are both components and objectives of development. Human capital: productive investments embodied in human persons, including skills, abilities, ideals, health and locations, often resulting from expenditures on education, on- the-job training programs and medical care. Health and education are joint investments investing in one improves returns on investments in the other. There have been improvements in both areas, and we are seeing international convergence between developing and developed states. Many switch to: income also did not necessarily cause incidence of illness (morbidity) to decrease, increases in mother"s education lead to improvements in child health. Illness can negate any benefits from better nutrition. education and access to new information are important. Health affects school performance because it leads to more attendance, longer enrollment and more effective learning. Undernourished kids lag 20% behind in test score gains. There are spillover benefits to education and health, e. g. reading to family, being more socially involved because of good health, etc.
