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Thursday, 24 May 2012

Unit 4: How would you 'Save the World'?

Five top development economists including 4 Nobel Laureates were asked how they would best spend $75 billion to improve human welfare especially in developing countries and the list below is what they came up with in order of priority.
1. Bundled interventions to reduce undernutrition in preschoolers (to fight hunger and improve education)

2. Expanding the subsidy for malaria combination treatment

3. Expanded childhood immunization coverage

4. Deworming of schoolchildren, to improve educational and health outcomes

5. Expanding tuberculosis treatment

6. R&D to increase yield enhancements, to decrease hunger, fight biodiversity destruction, and lessen the effects of climate change

7. Investing in effective early warning systems to protect populations against natural disaster

8. Strengthening surgical capacity

9. Hepatitis B immunization

10. Using low‐cost drugs in the case of acute heart attacks in poorer nations (these are already available in developed countries)

11. Salt reduction campaign to reduce chronic disease

12. Geoengineering R&D into the feasibility of solar radiation management

13. Conditional Cash Transfers for School Attendance

14. Accelerated HIV Vaccine R&D

15. Extended field trial of information campaigns on the benefits of schooling

16. Borehole and public hand-pump intervention



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