The socio-economic aspects of HIV/AIDS epidemic in Ukraine

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Article(UKR)(.pdf)

The article describes the potential short7 and medium7term socioeconomic impact of the rapidly growing HIV/AIDS epidemic in Ukraine and provides evidence for policy making. The prognoses of the epidemic development (200472014) inform policy7makers about the potential costs of the epidem7 ic and the multitude of channels through which it affects the national econo7 my: increased morbidity and mortality, reduction in labour supply and effi7 ciency of labour, loss of investment in human capital and diminished returns to such investment, increased direct government spending and the loss of tax revenues, decrease in public and private savings and investment, and further macroeconomic impacts.

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