Medical Tourism in India. A Boon or Curse? India’s annual earnings through Medical Tourism is all set to double to 8000 Crore Rupees [2000 million US dollars] by year 2012 according to a recent study. The main reasons the study claims why medical tourism would flourish in India include much more lower medical costs for various surgical procedures such as bone narrow transparent‚ coronary bye-pass surgery‚ knee transplant and liver transplant as compared to western countries and even many of the
Premium Health care Health economics Surgery
Healthcare in England is provided by National Health Service‚ a public health service‚ which is non-discriminatory and free at the point of use though there are charges attached to eye tests‚ dental care‚ prescriptions and various aspects of personal care. Health is a devolved matter in the United Kingdom‚ therefore other members of the UK have their separate bodies‚ which provide healthcare elsewhere. Aside from the public healthcare‚ there is also private healthcare available‚ but it is used by
Premium Health economics Health care Medicine
economist’s point of view which represents the greater market failure – merit or demerit goods ? Justify your answer using both economic theory and relevant examples. (25 marks) Market failure occurs when a free market fails to deliver an efficient allocation of resources. Merit goods are seen to be underprovided by the state whereas demerit goods are seen to be overprovided by the state. Although obviously both merit and demerit goods cause market failure by their under/over consumption‚ the question
Premium Externality Market failure Welfare economics
The most consistent data points to the impact of high-quality teachers in the classroom. This along with the Race to the Top fund has opened the door again for merit pay or performance pay. Merit pay ties pay increases to school test performance‚ evaluation of the teacher’s in-class performance and professional efforts (Goldhaber 2008). Merit pay is a solution drawn from the business world‚ and is based on the belief that rewarding effective teachers and encouraging them to work harder will increase
Free Education Teacher School
Merits of the WTO According to the WTO agreements‚ one of the most important reasons for having the system is that it’s a forum for countries to thrash out their differences on trade issues. In the agreement lie many over-riding reasons why it’s better off with the system in place. These are the ten distinct advantages according to the WTO; the system helps promote peace‚ disputes are handled constructively‚ rules make life easier for all‚ freer trade cuts the costs of living‚ it provides more choice
Premium World Trade Organization Free trade International trade
The Alchemist: Worth Literary Merit? The story of Santiago‚ the Andalusian shepherd boy‚ who travels to the Egyptian desert looking for treasure close to the Pyramids to fulfill his personal legend‚ captured the hearts of many in Paulo Coelho’s The Alchemist. First published in 1988‚ The Alchemist is a critically acclaimed book‚ considered one of the ten best books of the twentieth century and translated in over eighty languages. In Paulo Coelho’s The Alchemist‚ his superior use of theme‚ characters
Premium Life Meaning of life Human
Hawthorne’s mother‚ Elizabeth Hathorne‚ dies. Hawthorne falls into a deep depression but continues to write The Scarlet Letter and publishes it in February 1850. On May 19‚ 1864 Nathaniel Hawthorne dies in Plymouth‚ New Hampshire. Novels of Literary Merit often teach a life lesson. The Scarlet Letter reveals that revenge is a sin that can transform a human into an evil being. Hawthorne writes‚ “With the common ministers‚ he imagined himself… by the poisonous drug of revenge” (169). Roger Chillingworth
Free Nathaniel Hawthorne The Scarlet Letter
The Merits of Technology If there is one factor that separates the modern era from those that have gone before‚ it is technology. Through new technology‚ mankind has united the globe in a continuous civilization that is capable of living standards and life expectancy never before experienced. There are many advantages of technology that can be outlined. Technology is so intrinsic to the way that people have come to live that its advantages are often overlooked. By far‚ the major driver of economic
Free Technology Innovation Neolithic
Artistic Merits: ‘“Heroes”’ vs “True Love Conquers All” When Bob Dylan found success as a singer and songwriter in the early 1960s‚ a heated debate was started as to whether his song lyrics could be considered poetry. This controversy has lasted even to this day‚ with Dylan’s recent reception of the Nobel Prize in Literature creating a new interest in the issue. Despite these debates‚ Bob Dylan’s deep and profound lyrics have influenced many later artists including Neil Young‚ The Velvet Underground
Premium Poetry
Wellness tourism can be defined as travelling for the purpose of promoting health and well-being of oneself through physical‚ psychological‚ or spiritual activities. While wellness tourism is often called medical tourism because health being the main motivating factor for the traveler‚ wellness tourists are proactive in seeking to improve or maintain health and quality of life‚ often focusing on prevention‚ while medical tourists generally travel reactively to receive treatment for a diagnosed disease
Premium Tourism Medicine