HIV/AIDS: A Very Short Introduction (Very Short Introductions)

Author:Whiteside, Alan [Whiteside, Alan]
Language: eng
Format: mobi
Publisher: Oxford University Press
Published: 2008-01-23T16:00:00+00:00

Unknown is how the epidemic affects the environment in which companies operate. The impacts of HIV/AIDS, including decreasing productivity, are often exacerbated in the public sector when compared to the private sector. In the public sector, job security and benefits are a substitute for salary and there is limited capacity to respond. The costs of public-sector benefits are borne by government; the costs of declining efficiency are borne by society at large.

AIDS and human capital

In the 1950s, a bright future was predicted for African countries but people were pessimistic about Asia. However, from 1965 to 1998 the average annual growth rate was 7.5% in East Asia and the Pacific, and per capita incomes grew by 5.7%. In South Asia, growth was 4.9% and per capita incomes grew by 2.7%. The corresponding figures for sub-Saharan Africa were growth of 2.6% and a decline in per capita incomes of –0.3%.

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