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    Investing for the Few: The IFC's Health in Africa initiative

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    Author(s)
    Marriott, Anna
    Hamer, Jessica
    Publication date
    2014-09-10
    Subject
    Economics
    Health
    Inequality
    Keywords
    Health systems
    Inequality
    Universal health coverage
    International Finance Corporation
    IFC
    Finance
    Country
    Kenya
    Nigeria
    South Africa
    
    Metadata
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    Publisher(s)
    Oxfam International
    Document type
    Briefing note
    Description

    The Health in Africa initiative of the International Finance Corporation (IFC) is at odds with the World Bank Group’s welcome commitment to universal and equitable health coverage and to shared prosperity. This paper argues that the $1bn initiative, which promotes private sector healthcare delivery, is extremely unlikely to deliver better health outcomes for poor people. The IFC’s failure to measure the extent to which Health in Africa impacts on people living in poverty is inexcusable.

    Instead of investing in risky private sector solutions, the World Bank Group should focus on supporting African governments to expand publicly provided healthcare – a proven way to save millions of lives worldwide and to drive down inequality, abolish user fees and help governments to strengthen their capacities to regulate the private sector. 

    Pages
    16
    ISBN
    978-1-78077-664-4
    URI
    http://hdl.handle.net/10546/325654
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/investing-for-the-few-the-ifcs-health-in-africa-initiative-325654
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