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Developments:
The Asian Development Bank has just published 'Asia's Economies and the Challenge of AIDS', a monograph I co-wrote with David Bloom and David Steven. The book makes three main points. First, HIV/AIDS is likely to spread at a modest rate in Asia compared to Sub-Saharan Africa. Second, even at moderate overall prevalence levels, the epidemic will have a negative impact on Asia's economic development, but it will do so primarily through its effect on vulnerable groups such as women, the poor, the less educated, and people working in particular occupations such as sex work and truck driving. Third, spending on HIV prevention and AIDS care is powerfully justified by the high economic returns that can be expected to flow from such spending. The book can be viewed online or ordered here.
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