BIDMC scientist presented with 2010 Arthur Steindler Award

March 11, 2016

NCDs pose a significant economic and financial risk

Julian Schweitzer, Acting Vice President of the World Bank, stressed the economic impact of NCDs at both the macroeconomic and household levels in developing countries. "NCDs are the most significant cause of illness and death among working-age populations. About three-quarters of the NCD disability burden in low- and middle-income countries occurs among those aged between 15 and 69 years."

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, said "In terms of global macroeconomic impact, our analysis shows that noncommunicable diseases pose a significant economic and financial risk both to advanced and developing economies. The World Economic Forum is committed to ensuring that key partners engage in a multi-stakeholder approach to address this challenge. Our annual meeting in Davos in January demonstrated strong commitment from global leaders for immediate and collaborative action."

"Earmarking a 2% tax on tobacco and alcohol products over the past few years has reaped real dividends," said Dr Supreda Adulyanon, Deputy Chief Executive Officer of the Thai Health Promotion Foundation. "In 2008, for example, this led to 80 million USD which have gone directly to health promotion programmes in Thailand."

The NCDnet Global Forum follows the recent meeting of Member States convened by CARICOM (Caribbean Community of States) in New York on 5 February at which delegates announced their intention to introduce a United Nations General Assembly resolution that would encourage UN agencies to work together to prevent and control NCDs. The CARICOM meeting also echoed WHO's recommendations for an all-society response as the NCD health problem has wide-reaching socioeconomic ramifications.

Source: The World Health Organization