ECON 315 Lecture Notes - Lecture 18: Jessica Cohen, Mosquito Net, Poverty Trap
Document Summary
Skeptics have been quick to point out that it is not clear whether maria-infested countries are poor because of malaria, Or perhaps their inability to eradication malaria is an indicator of the fact that they are poorly governed. If the latter, then mere eradication of malaria may achieve very little if governance remains weak. A child who grew up malaria-free earns 50% more per year, for his entire adult life. This result suggests that the financial return to investing in malaria prevention can be fantastically high. A long-lasting insecticide treated bed net costs at most usd ppp in kenya, and lasts about 5 years. Assume conservatively that a child in kenya sleeping under a net has 30 percent less risk of being infected with malaria between birth and age 2, compared to a child who doesn"t. In kenya, an adult makes on average usd.