Saturday, March 07, 2009

world capitalism 2 - babies die

In studying economic, health and governance data for 45 sub-Saharan African countries from 1975-2005, World Bank senior economist Jorge Arbache found that during multi-year economic collapses, infant deaths increased on average by almost three percent, from 86 deaths per 1,000 live births to 114.
The World Bank calculates that some 28 million children are born in Africa every year, which would mean up to 700,000 more deaths because of the recession, which is caused in part by risky US mortgage lending, said Arbache. But even by conservative estimates, “Some 200,000 more babies may die in sub-Saharan Africa this year because of the economic fallout,” the economist said.
“I know these days it seems economists are blaming everything on the recession,” said Arbache. “But there is historical proof that sustained periods of deceleration [economic slump] have a direct impact on governance, small conflicts, life spans and, also, mortality.”

“Economic growth collapse in sub-Saharan Africa may mean more than a financial downturn – it can be deadly,” Arbache said.

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