Received: 2018-05-25  |  Accepted: 2018-12-10

Title

Economic growth and and impact of institutions on quality of human capital: a case study


Abstract

The article presents the basic principles of access to health care from the perspective of economics. Accessibility to health care implies adequate health expenditures and is based on the principle of equity. Based on a statistical analysis of international survey data, the article provides a comparative assessment of the accessibility to health care in Latvia, offers realistic solutions to one of the most pressing problems to improve the quality of life of the population. The results of the original studies carried out by research teams from Lithuania and other countries are widely used. The accessibility to health care is determined by two areas of a positive development of a country – economic growth and institutional maturity synthesized by social justice. In other words, the population’s greater access to health care-related services can and should be achieved not only by increasing the labour productivity of the employed through the introduction of new technologies and other components of economic growth, but also by adjusting higher-quality state and non-state institutions, their effective interaction in order to achieve economic growth and quality of life of the population.


Keywords

economic growth, health care, out-of-pocket payments, catastrophic health expenditures


JEL classifications

I15 , O43 , D63


URI

http://jssidoi.org/jssi/papers/papers/view/338


DOI

10.9770/jssi.2018.8.2(11)

Authors

Menshikov, Vladimir
Daugavpils University
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Volkova, Olga
Daugavpils University
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Title

Journal of Security and Sustainability Issues


Issue date

2018


ISSN

ISSN 2029-7017 (print)
ISSN 2029-7025 (online)

Cited

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