The Impact of the Global Financial Crisis on Public Expenditures on Education and Health in the Economies of the Former Soviet Union

Abstract

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Impact of macro-fiscal determinants on health financing: empirical evidence from low-and middle-income countries

“…The impact of the global financial crisis was felt most by the richer countries that leads to a huge reduction in budgetary allocation on health associated with increased OOP health payments due to the lower revenue generation during the post-global recession period [10, 11]. On the contrary, the insurgent of the crisis had created new fiscal policy measures – mobilization of revenue from external grants and effective utilization of health budget, as consequence there were no budgetary cuts for the health sector in Soviet Union countries [12, 13]. Similarly, several developing countries were faced with higher fiscal deficit and debt services burden during the post-global financial crisis period but there was no reduction seen in the social sector expenditure [14].…”

Can economic indicators predict infectious disease spread? A cross-country panel analysis of 13 European countries

“…Hepatitis A, whose main risk factor is sanitation and hygiene practices [31], shows a marked decline with increasing GDPpc. As the disease has been more common in poorer regions such as Eastern and Central Europe [32], the improvement in sanitation associated with increased GDP in these regions could likely be a factor in the reduction of the disease. There was a marked decline in hepatitis A incidence in Hungary, Poland and Romania (data not shown).…”

Central Asia — twenty-five years after the breakup of the USSR

“…At the other end of the regional spectrum, Turkmenistan and Uzbekistan have tertiary enrollment rates below 10 percent. The challenge for Central Asian countries is to retain young talent, strengthen links between education and the labor market and improve the quality of education at all levels (Chubrik et al, 2011).…”