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The Transition From Economic Planning – Consequences On The Health Sector


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The Transition from Economic Planning – Consequences on the Health Sector

Since the late 1970's, many of the world's command economies have undergone radical reforms in pursuit of the higher productivity experienced in market economies. Subsequently, these economies have experienced a tradeoff between equity and efficiency as the transition process coincided with growing domestic inequity. This discussion is an analysis of equity-efficiency tradeoffs in the health sector, focusing particularly on the effects of reduced public funding and subsequent privatisation.

The issue of health is one of great importance from the perspective of transition economies. The International Monetary Fund only considers the economic transition complete once, amongst other indicators, a basic social safety net for national health has been implemented without excessive burdens on the private sector. However, using data from the world's two major transition economies and comparisons with......

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Approximate Word Count: 2519
Approximate Pages: 10 (260 words per double-spaced page)

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