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Developments:
The Economist has picked up on a paper I co-wrote with David Bloom and David Canning of Harvard University on the 'Value of Vaccination'. The paper, published in this quarter's World Economics, shows how vaccinated children score more highly than those who are unvaccinated in language and IQ tests. As well as the obvious health advantages, therefore, immunisation has large economic benefits. The $13 billion campaign by the Global Alliance for Vaccines and Immunisation (GAVI) to vaccinate children in the world's poorest countries by 2020 will ultimately generate a return of 18%, making immunisation at least as beneficial an investment as more fashionable development goals such as education.
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