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Mr. Markus Haacker
The paper provides an analysis of the impact of HIV/AIDS on the health sector, public education, the supply of labor and the returns to training in nine Southern African countries. Drawing on the preceding sections, it assesses the impact of HIV/AIDS on per capita income in a neoclassical growth framework. HIV/AIDS affects per capita income mainly through its impact of human capital, as measured by the supply of experienced workers. Other factors include the impact on capital accumulation, on education, and on total factor productivity.
Mr. Markus Haacker

aggregate supply of experienced workers, rather than the tenure of workers at a specific company, becomes relevant. If mortality rates rise from 0.25 percent to 3 (or 5) percent, the average level of working experience declines from 18.8 to 14.7 (or 12.3) years. 37 VI. E conomic G rowth and P er -C apita I ncome HIV/AIDS may affect economic growth and income per capita through various channels. Disruptions to the production process caused by sickness and death of employees have an adverse impact on productivity, and the decline in the rate of growth of the

Mr. Markus Haacker

the impact of HIV/AIDS on the health sector, public education, the supply of labor and the returns to training in nine Southern African countries. Drawing on the preceding sections, it assesses the impact of HIV/AIDS on per capita income in a neoclassical growth framework. HIV/AIDS affects per capita income mainly through its impact of human capital, as measured by the supply of experienced workers. Other factors include the impact on capital accumulation, on education, and on total factor productivity. JEL Classification Numbers: H51, H52, H55, I10, I20, 040, 055

International Monetary Fund
This Selected Issues paper for Botswana highlights the macroeconomic impact of an effectively implemented National Strategic Framework (NSF) program. The NSF is anchored on the goals of prevention, care, and support; management of the national response; economic impact mitigation; and provision of a strengthened legal and ethical environment. The treatment of the pandemic focuses on the administration of antiretroviral drugs to the infected, the effect of which would be to prolong their lifespan, as well as increase the average level of productivity.
International Monetary Fund

concluded that HIV/AIDS affects per capita income mainly through its impact on human capital, as measured by the supply of experienced workers. Others include the impact on capital accumulation, on education, and on total factor productivity. 6. The negative impact of HIV/AIDS postulated in studies is sensitive to the effect of the pandemic on labor supply and the capital stock. To the extent that the NSF intervention program results in lower rates of new infection and a more productive life for the infected people, it is expected that the overall macroeconomic outcome