Health Desk- 14 Nov 2020: The World Health Organization has announced a new Council on the Economics of Health for All, staffed by leading economists and health experts, to put “Health for All” at the centre of how we think about value creation and economic growth.
“The COVID-19 pandemic has demonstrated the consequences of chronic under-investment in public health. But we don’t just need more investment; we must also rethink how we value health,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus, as he made the announcement on the final day of the resumed 73rd World Health Assembly on Friday.
Chaired by noted economist Professor Mazzucato, Professor of the Economics of Innovation and Public Value and Founding Director in the Institute for Innovation and Public Purpose at University College London, the Council will aim to create a body of work that sees investment in local and global health systems.
The Council, comprising top economists and health experts, will focus on investments in health, and achieving sustainable, inclusive and innovation-led economic growth.