Neo‐liberalism and its Impact on Health
This chapter sets public health and health care in more of a political economy context. It argues that neo-liberalism —the form of free market economic philosophy and ideology that has increasingly pervaded the globe in the last thirty years —is bad for the health of the people of those nations that embrace it. It also argues that global institutions, such as the World Bank and the International Monetary Fund (IMF), further the hegemony of neo-liberalism, and that, with few exceptions, these issues too have been mostly ignored by health economists.
Keywords: health economics, neo-liberalism, free market, globalization, public goods
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