Macroeconomics and Health (CMH)

A Seminar on Health, Human Capital and Economic Growth: Theory, Evidence and Policies - October 2002

The Pan American Health Organization and the Inter American Development Bank held a joint seminar for senior policy-makers on “Health, Human Capital and Economic Growth: Theory, Evidence and Policies” in Washington DC, October 3-4 2002. The seminar examined the relationship between investments in health and human capital and long-term economic growth and social development, focusing on reducing poverty and inequalities. Professors Robert Fogel (Nobel Prize in Economics, 1993), and Peter Howitt (leading economist in the area of economic growth theory), as well as Oded Galor, Editor of the Journal of Economic Growth Theory, participated in the seminar. A total of 65 leading economists in the field of economic growth theory attended the seminar including senior staff from the International Monetary Fund, the Inter American Development Bank, the World Bank, senior policy-makers from countries of the Americas, including ministers, vice-ministers of health, development and planning, and finance, ex-directors of central banks, and researchers from leading academic institutions.

In a special session, the findings and recommendations of the CMH Report were discussed with Professor Jeffrey Sachs and the Director of the Fiscal Affairs Department of the International Monetary Fund giving key presentations. For detailed information on the seminar agenda, list of participants and documents presented and discussed, go to PAHO's web site