Money or Die


By Laurie Garrett – Global health programs now teeter on the edge of disaster. The world economic crisis and the politics of debt reduction are threatening everything from malaria control and AIDS treatment to well-baby programs and health-care worker training efforts.

Prior to 2000, the links between global health programs in poor and middle-income countries and changing foreign policy priorities in wealthy nations were weak, largely because the programs themselves were just not that large.

With the surge in public support for global health came increased attention from private individuals, corporations, and foundations, leading some to call the decade “the age of generosity.” By 2008, global health enjoyed an estimated $16 billion pot of public-funding gold.

But then the global financial crisis hit. Countries, organizations, and individuals all felt the squeeze. Many severely reduced their giving. As Europe‘s economic situation has worsened, the region has reduced its overseas commitment-to-disbursements ratio for everything from famine relief to HIV treatment programs, undermining the credibility of both G-8 and G-20 pronouncements. more> http://is.gd/D5mjqs

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