University of York Health Economics by Distance Learning

BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”   This year’s economic sciences laureates – Daron Acemoglu, Simon Johnson and James Robinson – have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better. The laureates’ research helps us understand why.   When Europeans colonised large parts of the globe, the institutions in those societies changed. This was sometimes dramatic, but did not occur in the same way everywhere. In some places the aim was to exploit the indigenous population and extract resources for the colonisers’ benefit. In others, the colonisers formed inclusive political and economic systems for the long-term benefit of European migrants.   The laureates have shown that one explanation for differences in countries’ prosperity is the societal institutions that were introduced during colonisation. Inclusive institutions were often introduced in countries that were poor when they were colonised, over time resulting in a generally prosperous population. This is an important reason for why former colonies that were once rich are now poor, and vice versa.   Some countries become trapped in a situation with extractive institutions and low economic growth. The introduction of inclusive institutions would create long-term benefits for everyone, but extractive institutions provide short-term gains for the people in power. As long as the political system guarantees they will remain in control, no one will trust their promises of future economic reforms. According to the laureates, this is why no improvement occurs.   However, this inability to make credible promises of positive change can also explain why democratisation sometimes occurs. When there is a threat of revolution, the people in power face a dilemma. They would prefer to remain in power and try to placate the masses by promising economic reforms, but the population are unlikely to believe that they will not return to the old system as soon as the situation settles down. In the end, the only option may be to transfer power and establish democracy.   “Reducing the vast differences in income between countries is one of our time’s greatest challenges. The laureates have demonstrated the importance of societal institutions for achieving this,” says Jakob Svensson, chair of the committee for the prize in economic sciences. Learn more Press release: https://bit.ly/4dpfV3u Popular information: https://bit.ly/47LYGsg Advanced information: https://bit.ly/3TLvprw

I'm thrilled to announce the release of our new book dedicated to the one, the only one Professor Andrew Jones 🥳🥳 I'm excited to announce the release of our new book dedicated to the outstanding Professor Andrew Jones. After two years of intensive effort, Prof. Badi Baltagi and I are proud to present the edited volume, Recent Developments in Health Economics, published by Emerald Publishing . This book is a tribute to Professor Jones, whose remarkable career has significantly shaped the field of health econometrics. Working on this project has been a privilege. We were fortunate to collaborate with a group of distinguished economists, whose contributions have made this volume truly exceptional. We extend our heartfelt thanks to each of them, as well as to the anonymous reviewers whose insights were invaluable. Serving as Editors for this volume has been a great honor, especially as it celebrates Professor Jones’ immense contributions to health econometrics and his enduring service to the profession. Professor Jones, a prominent figure at the University of York , has led an illustrious career that includes groundbreaking work in microeconometrics, health economics, and the economics of addiction. His leadership in the field is further highlighted by his role in establishing the European Workshops on Econometrics and Health Economics, and his impactful publications, including the Elgar Companion to Health Economics and the Oxford Encyclopedia of Health Economics. With this volume, we aim to honor Professor Jones’ legacy and continue the scholarly dialogue in health economics that he has so greatly influenced. We hope that the book serves as a fitting tribute to his many contributions and inspires future research in the field. Thanks Andrew 🙏😊 Brunel University London Press-office Brunel #health #healthcare

Are you interested in our Health Economics distance learning programme? Would you like to find out what it's like to study with us? In this series, Health Economics student Henry Fong interviewed alum of the programme, and Place Director for NHS Humber and North Yorkshire, Sarah Coltman-Lovell to find out more about her experiences on the course. In this video, Sarah discusses why she chose to study with us. If you'd like to find out more about the programme, then head over to our website: https://lnkd.in/eE_2RiFR

YHEC celebrates its close ties with the University of York and last week saw the conclusion of our teaching on this year’s Distance Learning Programmes in Health Economics. It has been great to interact with the students and to support their academic journeys: to those of you completing your studies, we wish you the very best in your future endeavours. University of York Health Economics by Distance Learning University of York Economics Department Hayden Holmes Jamie Bainbridge Daniela Afonso Maisie Green Robert Malcolm Rebecca Naylor Reagan Davis Matthew Taylor Sam Harper Luc Curtis-Gretton #UniversityOfYork #DistanceLearning #HealthEconomics