This article analyzes the impact of HIV/AIDS on the global convergence in life expectancy as well as infant and child survival rates by comparing two scenarios. One is based on actual estimated and extrapolated values given the existence of the epidemic (‘AIDS- scenario’). The other is based...

The importance of the notion of sustainable development has been advocated, among others, by Amartya Sen. In Sen’s view it is necessary to depart from the general strategy of defining sustainable development only in terms of fulfilment of needs and to use the broader perspective of enhancing...

The limits of the utilitarian approach have led to a search for different notions of welfare. The income approach to well-being, in fact, doesn’t account for the diversity in human beings and for the heterogeneities of contingent circumstances. Amartya Sen, looking for broader notions of...

A number of recent studies have illustrated the link between health and growth (Gallup and Sachs 2000, McCarthy et al. 2000, Bhargava et al. 2000). This paper argues that a key mechanism through which health affects growth is via total factor productivity (TFP). We first estimate TFP based on a...