ECONOMICS

Economic Development of Africa-Question

Economic Development of Africa-Question

Introduction

The virus of HIV is specifically contented where poverty and wealth co-exist; it prospers on disparity (Bujra, 2004, p.1). Where, Sub-Saharan Africa has shown seemingly inexorable development of AIDS epidemic, and this epidemic is said to be linked with poverty that highly prevails in there (Bujra, 2004, p.1). This essay is focused on the evaluation of relation between HIV/AIDS and poverty with reference to the Sub-Saharan Africa.

Thesis Statement

“The relationship between HIV/AIDS and poverty is unquestionable. HIV prevalence is increased by poverty, while poverty is worsened by AIDS.” Evaluating it with reference to Sub-Saharan Africa

Discussion

Impact of Aids Epidemic on Sub-Saharan Africa's Economic Welfare

There are vast number of health and development studies that have evaluated relationship between wellbeing of countries and their GDP, however none have explored wellbeing as a feature of economic benefit. The early research studies of Usher and other latest studies have, but, started using experimental evaluations of whether people seem ready to compensate in order to reduce the death rates, such as using expensive environmental and safety regulations, for allowing integration of death alteration into measure of alteration in economic wellbeing which are more wide-spread than the pace of alteration in GDP (Jamison, Sacha, & Wang, 2001, p. ii).

According to the studies that have evaluated the role of death modification in Sub-Saharan Africa to the pace of alteration in economic wellbeing, from 1960 to 1990 Africa's life expectation enhanced by much considerable nine years, the influence of which was to include between 1.7% and 2.7% per year in the growth pace of GDP for creating more comprehensive assessment of alteration in economic wellbeing. However, the studies show that AIDS endemic is higher than overturning this growth: for Africa as entirely the AIDS epidemic provoked reduction in economic wellbeing by around 1.7 percent per year, which has lead to an on the whole growth pace of wellbeing of -2.6 percent (Jamison, Sacha, & Wang, 2001, p. ii). Thus, it is well clearly that AIDS have highly impacted the economic welfare of Sub-Saharan Africa.

The scope and scale of progression of AIDS epidemic in Sub-Saharan Africa differs extremely from area-to-area. On the other hand, in recent times, the disease had on usual advanced adequately higher that death pace had enlarged considerably for the region entirely. Another estimation used for evaluating the impact of death prospects due to AIDS on economic wellbeing is to begin from the anticipated figure of disability adjusted life-years from HIV in Sub-Saharan Africa (Jamison, Sacha, & Wang, 2001, p.7-9). This estimation also shows that AIDS have led to more deaths in the region and thus impacted the economic welfare of the country as whole. Hence, the research clearly indicates that AIDS disease has resulted in the economic welfare decline in Sub-Saharan Africa, as it increases the mortality rate that negatively impacts on per capita GDP of the region.

Poverty, AIDS and Education

The research study conducted by Martha Ainsworth and Deon Filmer (2002) assessed the relationship ...