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Estimating the Economic Costs of Noncommunicable Diseases in CARICOM

In: Contemporary Issues Within Caribbean Economies

Author

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  • Samuel Braithwaite

    (University of the West Indies)

Abstract

Over the last three decades or so, noncommunicable diseases (NCDs) have moved from accounting for a little over one half of global deaths to approximately three-quarters of global deaths. Using an economic growth (macroeconomic) approach, the economic costs of NCDs are estimated for four member countries of the Caribbean Community (CARICOM). These costs are compared to the costs of Cuba and the United States. In terms of the impact on GDP, Guyana records the highest percentage loss of the four CARICOM countries, followed by Barbados, Trinidad and Tobago, and Jamaica. However, in terms of cost per capita, Barbados recorded the highest estimated costs, followed by Trinidad and Tobago, Guyana, and Jamaica. The results obtained here for the United States are similar to the results for the United States obtained by another recent study.

Suggested Citation

  • Samuel Braithwaite, 2022. "Estimating the Economic Costs of Noncommunicable Diseases in CARICOM," Springer Books, in: Colin Cannonier & Monica Galloway Burke (ed.), Contemporary Issues Within Caribbean Economies, chapter 0, pages 65-82, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-98865-4_4
    DOI: 10.1007/978-3-030-98865-4_4
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