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Published on: September 10, 2018
An economic framework for One Health investment: A critical tool for decision makers
Max Barot1, Barbara McPake1, Angus Campbell1
1Nossal Institute for Global Health, The University of Melbourne, 32 Lincoln Square North Carlton, Victoria 3053, Australia.
Developing an economic case for One Health requires a framework of six principles. This approach demonstrates how investing in animal and environmental health sectors drives significant value and synergistic benefits.
Area of Science:
- * One Health economics
- * Interdisciplinary health approaches
- * Public health policy
Background:
- * Operationalizing One Health requires political and financial backing, necessitating economic justification for decision-makers.
- * Economic methodologies are crucial for advocates and policymakers to demonstrate the value of One Health initiatives.
- * Current approaches often lack a robust economic rationale, hindering investment and effective implementation.
Purpose of the Study:
- * To propose a conceptual economic framework for building an investment case for One Health.
- * To outline six core economic principles applicable to One Health interventions and outcomes.
- * To illustrate the application of these principles through conceptual case studies.
Main Methods:
- * Development of a conceptual framework based on six economic principles: resource allocation inefficiencies, economies of scope, scale, joint production, distributional considerations, public goods, externalities, and incentive compatibility.
- * Application of these principles in two conceptual case studies: Leptospirosis and antimicrobial resistance.
- * Analysis of how economic principles can highlight the efficiency and synergistic benefits of One Health.
Main Results:
- * The proposed framework effectively illustrates the economic rationale for One Health investments.
- * Case studies demonstrate that One Health investments address health risks (e.g., Leptospirosis) and yield synergistic benefits like improved agriculture and livelihoods.
- * A key finding is that One Health benefits often stem from adequately resourced individual sectors rather than solely from inter-sectoral collaboration.
Conclusions:
- * Investing in the capacity of animal and environmental health sectors is fundamental for One Health operationalization and value creation.
- * The economic principles provide a robust foundation for developing investment cases that justify One Health initiatives.
- * Strengthening foundational health services is critical for realizing the full potential and synergistic benefits of One Health approaches.
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