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Trade in Health

Economics, Ethics and Public Policy David Reisman, Professor Emeritus of Economics, University of Surrey, UK and Senior Associate, Centre for Liberal Arts and Social Sciences, Nanyang Technological University, Singapore
Once exports and imports meant agriculture and industry. Today, in the global economy and the electronic age, trade is also expanding into the service sector. This timely book closely examines trade in health. Professor David Reisman offers a comprehensive and searching multidisciplinary account of the way in which medical services, patients, capital and professionals make up a global healthcare economy that crosses borders. Combining theory and empirical evidence from economics, tourism, and medical care, scholars involved in health economics and social administration will find much of significance in this authoritative study.
Extent: 256 pp
Hardback Price: $120.00 Web: $108.00
Publication Date: 2014
ISBN: 978 1 78254 720 4
Availability: In Stock
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  • Economics and Finance
  • Health Policy and Economics
  • Politics and Public Policy
  • Public Policy
  • Social Policy and Sociology
  • Health Policy and Economics
'Trade in Health is a timely reflection on the interface of economics with the ethics and public policy facets of the international movement of patients. Health issues such as these are at the forefront of modern political economy."National" health is increasingly less so. Reisman’s previous scholarship in this area is brought to bear in an insightful and eminently readable and engaging fashion. In an area where uncovering the facts is more difficult than "deciphering the Dead Sea Scrolls", such a reflective work on the critical aspects of political economy helps to fill a void in considering whether such trade is likely to be in the interests of patients, nations and the global community. In addition to the rosy picture of healthy and wealthy tourists having a sojourn for medical care during a vacation, Reisman is not afraid to tackle the thorny issues concerning trade in organs, eggs and even death, in this sobering and comprehensive volume. It is a rare skill to bring the luminaries of Smith, Marshall, Mill and Confucius to bear on such a contemporary tale!

International travel by patients is at the nexus of a revolution in global health. It is driving and affecting aspects of foreign investment, health worker migration and e-health provision.

Reisman skilfully links these foundations of health care, and as such provides critical text for consideration by those seeking to build and strengthen future health systems. Trade in Health is an excellent overview. It provides critical insights for those new to the area as well as new information and challenges for those of us involved for a number of years.'

– Richard Smith, Professor of Health System Economics and Dean of Faculty of Public Health and Policy, London School of Hygiene & Tropical Medicine, UK

Once exports and imports meant agriculture and industry. In the global economy and the electronic age, trade is also expanding into the service sector. This timely book closely examines trade in health and documents the growth of a cross-national service that in the past was mainly consumed at home.

Following from his highly successful book Health Tourism, Professor David Reisman offers a comprehensive and searching multidisciplinary account of the way in which medical services, patients, capital and professionals are making up a global healthcare economy that crosses borders. He reflects on their pursuit of lower prices, better quality and a differentiated product, and suggests that public policy is essential if the ethical capital of interdependent societies is not to be eroded by the international market in health and care.

Written in a concise and lucid form, this original book will be of great interest to all people interested in the internationalization of health care. Combining theory and empirical evidence from economics, tourism and medical care, scholars involved in health policy and social administration will find much of significance in this authoritative study.
‘Trade in Health is a welcome addition to general reading on health and social policy. Pre-senting a significant amount of material, it keeps to its core premise focusing on underpin-ning structural issues that influence cross-border flow of healthcare. It impresses that current understanding is just at the cusp, though there are benefits from the trade in health; further inquiry is needed before any policy prescriptive can/ought to be formulated.’
– Journal of Human Development and Capabilities
Contents: 1. Medical Travel: The Nature of the Beast 2. Number, Weight and Measure 3. The Preconditions for Trade 4. Price and Quality 5. Difference 6. Trade: The Outputs 7. The Inputs: Commercial Presence 8. The Inputs: Labour 9. The Ethics of Medical Travel 10. Conclusion: Commodification Bibliography Index