It’s a widespread notion that greater wealth leads people towards better health options, but can it apply reverse? Isn’t it so, greater health may lead individuals and nations to greater wealth?
To discuss new standards for health system at the WHO European Ministerial Conference, more than 500 delegates of 53 countries, international experts and ministers of health will meet this week in Tallinn and observe the relationship between wealth and health.
WHO’s studies in the European Region demonstrate that increases in life expectancy is evidently matched by betterment in economic activity. In Western Europe, rises in life expectancy were 29-38% of GDP and outdid every country’s health expenditures. While in Eastern Europe, the relation is more evident: it was found that during 1990 to 2003 , in the countries where life expectancy on decrease ,the noted welfare losses were around 16-31% and the countries that experienced increase in life expectancy, there were benefits of 12-31% in GDP.
A German study that covered 1995-2005, showed that women’ hourly wages raised 0.14-0.47 % and men 0.09-0.88% with a rise of 10 % in health satisfaction. Similarly, there are many other studies that have been conducted in different parts of Europe demonstrate climb in economic status of the people with the rising health standard in these countries.
In Tallinn conference three further reports on the relation of ill health and economic burden and how health takes part to build society will also be discussed.
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