Making
Economic Sense in a Global Economy
Malaria
is a local economic issue. When parents are sick or have to care for
sick children, the whole community loses. When rates of malaria are
cut, more crops get planted, tended and harvested. More people show
up at work and are productive when they are there. More people get paid
and have money to spend. The lives of children improve, too, as more
parents have more time for their children. The community benefits from
freeing the energies of its citizens from malaria's deadly clasp.
Malaria
costs sub-Saharan Africa an estimated $12 Billion a year. ITNs lower
malaria rates by 50%. Full coverage of targeted population (under 5's
and pregnant women) would cost well under $500 million in one go and
less than $100 million per year when stretched over time. A small dent
in the $12 Billion cost would pay back any investment many times over.
Providing
Insecticide Treated Nets (ITNs) has several Paybacks.
Trade--Providing
Insecticide Treated Nets sets off an entire ECONOMIC cycle, a virtuous
cycle, with extraordinarily high Returns On Investment. The cycle and
seeing the ROI helps the poorest people and the economies as a whole.
The effect of ITNs trickles UP. Insecticide Treated Nets give a multi-billion
dollar economic boost to the entire area, probably the biggest 'bang
for the buck' of any economic aid around. Booming economies boost trade.
Sick people don't make enough money to buy our goods. Medicine and nets
are cheap ways to build markets and productive partnerships.
Economic Self Defense (And Disaster Prevention)--In February
2004 cases of Asian Flu knocked several billion dollars of value out
of the Asian markets. Preventing 'Economic Ebola' makes intensely good
financial sense. A single nasty bug could take trillions out of the
economy overnight. Hence, providing health care is a financial necessity
for us. If the experts think 9/11 was bad, financially, imagine several
million investors trying to liquefy their portfolios faster than ebola
liquefies someone's organs. THAT'S a sight that turns the stomach of
the most heartless financial analyst.
Disease
Prevention - the real Domino Theory--We can kill the bugs in their
back yards for pocket change. Or try to kill them in our own back yards,
at the cost of billions. We have a Window of Opportunity. If we don't
take care of this now, who knows what the next little bug will do to
us? If we DON'T take care of THEIR health care system, their bugs arrive
in our systems. Look at West Nile, SARS, Asian Flu and HIV/AIDS. How
much are they costing us? What's next?