The Impact of Coronavrius on Health and Economic Growth in Sub- Sahara Africa

Benedict Azu, Sunday Okubor Ijieh, Ifeanyi Shadrack, Iku Joel
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Abstract

Health enhancement is an essential determinant of economic growth; though, the impact of health on economic growth is affected by the level of poverty in any country. This paper, therefore, examined the impact of health on economic growth during corona virus in Sub-Sharan Africa and the verge of health required to alleviate the adverse effect of poverty on economic growth in Twenty (20) selected Sub-Sharan Africa countries. Based on the endogenous growth theoretical approach, the link between life expectancy, poverty incidence, and economic growth was estimated using the GMM technique of analysis. Findings showed that coronavirus pandemic exerts negative impact on health condition, household welfare, unemployment and the adverse effect of poverty on economic growth in Nigeria. Though government expenditure significantly increased during the period in a bid to check the pandemic, but household welfare degenerated and was negatively affected with high poverty rate, this paper recommended that the government of the Sub-Saharan countries should diversify the revenue base of their economies to cushion the effect of unprecedented shock due to the pandemic and provide adequate relief materials to pad the effect of loss of income to the poor and vulnerable, invest in the health sector to control infectious and pandemic diseases.
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冠状病毒对撒哈拉以南非洲地区健康和经济增长的影响
增进健康是经济增长的基本决定因素;然而,健康对经济增长的影响受到任何国家贫困程度的影响。因此,本文研究了沙兰以南非洲在冠状病毒期间健康对经济增长的影响,以及在20个选定的沙兰以南非洲国家减轻贫困对经济增长的不利影响所需的健康边缘。基于内生增长理论,运用GMM分析方法,对预期寿命、贫困发生率和经济增长之间的关系进行了估计。调查结果表明,冠状病毒大流行对尼日利亚的健康状况、家庭福利、失业和贫困对经济增长的不利影响产生了负面影响。虽然在此期间政府支出大幅增加,以遏制疫情,但家庭福利却退化,贫困率高,受到负面影响,本文建议撒哈拉以南国家政府使其经济收入基础多样化,以缓冲疫情带来的前所未有的冲击,并提供充足的救济物资,以弥补穷人和弱势群体收入损失的影响。投资于卫生部门,以控制传染病和大流行病。
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