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Consultative Meeting on : Accelerating an Aids Vaccine for Developing Countries : Issues and Options for the World Bank?

By The World Bank

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Book Id: WPLBN0000046236
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
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Title: Consultative Meeting on : Accelerating an Aids Vaccine for Developing Countries : Issues and Options for the World Bank?  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Bank, T. W. (n.d.). Consultative Meeting on : Accelerating an Aids Vaccine for Developing Countries : Issues and Options for the World Bank?. Retrieved from http://members.worldlibrary.net/


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Economics

Excerpt
The World Bank?s AIDS Vaccine Task Force sponsored a meeting in Bangkok at the Regent Hotel on Monday, May 24, to consult with key Thai policymakers on ways that the World Bank could accelerate the development of an AIDS vaccine that is effective and affordable in developing countries. The 26 participants included representatives from the Ministry of Public Health, the National Economic and Social Development Board (NESDB), the Government Pharmaceutical Organization (GPO), the Food and Drug Administration (FDA), and private vaccine industry. On Tuesday, May 25, briefings were held for UN agencies and for non-governmental organizations. An issues paper, ?Accelerating an AIDS vaccine for developing countries: Issues and options for the World Bank?, served as background for the meeting. The World Bank?s interest in AIDS prevention and an AIDS vaccine Jayasankar Shivakumar, World Bank Country Director for Thailand, launched the meeting by explaining the World Bank?s interest in AIDS and in an AIDS vaccine. The AIDS epidemic is having an enormous impact on developing countries. There are 33 million people infected with HIV worldwide, more than 90 percent of whom live in developing countries. In the hardest hit countries in Sub-Saharan Africa, AIDS is erasing decades of progress in improving the quality of life. AIDS is also worsening poverty and inequality. Its effects are especially devastating for the poor, who have the fewest resources to cope. And it is overloading fragile health systems by ballooning government spending on health care. The World Bank?s mandate is to promote economic growth and reduce poverty. From the Bank?s perspective, the AIDS epidemic is more than a serious health problem, it is a core economic development issue. Since 1986, the World Bank has lent $765 million for HIV/AIDS projects or project components in 48 countries. In addition, it has been lending about $1.6 billion annually to strengthen health systems in developing countries. As there is neither a cure for AIDS nor a preventive vaccine, the best hope of bringing HIV under control at present is by changing the behaviors that facilitate its spread. Thailand stands out as a world leader in its commitment to and success in reducing the spread of HIV. However, Thailand and other developing countries urgently need a vaccine to add to their prevention efforts.

 

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