Infectious disease and economics: The case for considering multi-sectoral impacts.

Area of Science:

• Public Health
• Epidemiology
• Health Economics

Background:

• Emerging and endemic infectious diseases pose significant public health risks with often overlooked socioeconomic consequences.
• International travel and trade accelerate the economic impact of disease outbreaks globally, extending beyond health sectors.
• The role of the private sector in addressing disease events and their socioeconomic effects is under-recognized.

Purpose of the Study:

• To highlight the broader socioeconomic consequences of infectious disease events.
• To emphasize the critical, yet under-recognized, role of the private sector in public health preparedness and response.
• To advocate for the inclusion of private sector stakeholders in risk and impact assessments.

Main Methods:

• This study is a conceptual analysis and review of existing literature.
• It synthesizes information on the socioeconomic impacts of infectious diseases.
• It examines the potential contributions of private sector organizations.

Main Results:

• Infectious disease events generate substantial socioeconomic shock waves affecting diverse industries.
• Private sector entities possess valuable resources, information, and networks crucial for health system support.
• Collaboration between public health systems and the private sector can enhance preparedness and response capabilities.

Conclusions:

• Socioeconomic impacts of infectious diseases require comprehensive assessment beyond traditional public health metrics.
• Engaging the private sector as a key stakeholder is essential for robust infectious disease management and mitigation.
• Integrating private sector partnerships can strengthen national and global health security against infectious threats.