During 2007 and 2008 steam coal prices soared to unprecedented levels. Since then much has been speculated about the drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their influence on the price equilibrium. It presents an...

I investigate how changes in fees paid to Medicaid physicians affect take-up among children in low-income families. The existing literature suggests that the low level of Medicaid fee payments to physicians reduces their willingness to see Medicaid patients, thus creating an access-to-care...

We analyze trends in nursing education in the Philippines during a period of rising and falling demand for Philippine nurses in the developed countries. Based on focus group discussion data obtained in the Philippines, we examine students' motivations to become nurses and to what extent their...

The main objective of this paper is to analyze trade flows and tariff policies of health products. Compared to previous studies, we not only focus on medicines, but on a large set of products that enter the public health space and can be identified in the common trade classification. The first...

Recent outbreaks of infectious pathogens such as Zika, Ebola, and COVID-19 have underscored the need for the dependable availability of vaccines against emerging infectious diseases (EIDs). The cost and risk of R&D programs and uniquely unpredictable demand for EID vaccines have discouraged...

How did a health crisis translate to an economic crisis? Why did the spread of the coronavirus bring the global economy to its knees? The answer lies in two methods by which coronavirus stifled economic activities. First, the spread of the virus encouraged social distancing which led to the...

This primer aims to provide IMF macroeconomists with the essential information they need to address issues concerning health sector policy, particularly when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to any strategy of...

2019 novel coronavirus has affected over 19.3 million people and caused over 718 thousand deaths globally (as at 7 August 2020). The disease was named as “Covid19” and the virus that causes it was Severe Acute Respiratory Syndrome Corona Virus -2 (SARS-COV-2). On the eve of 2020, when the...

Recent literature recognises that improvements in longevity seen over the last 70 years are the result of the interaction of multiple factors that are both biologically and environmentally based, but quantification of the relative impact of the various factors has proved elusive. This paper...