¶ … Market forces have helped to shape the development of the modern medical system. Yet each nation manages these market forces to their own needs -- some systems remove medicine almost entirely from the market, while others only have limited government intervention. This article represents a preliminary exploration of the concepts that were first identified thirty years ago in the works of Heggenhougen (1984) and Dewalt (1986). These authors laid the foundation for the study of how the market economy has influenced the development of health care around the world.
The influence of the market economy has in particular been felt in the realm of drug development, and that is the area where the present study will focus. Building on these early works, the present study will examine drug development processes in different nations around the world, in particular examining the juxtaposition between drug development in the United States, versus the authoritarian regime in China, versus drug development programs in the former Soviet Union. It is hypothesized that each of these three systems will share some similarities, but the differences with respect to areas such as financing and the regulatory environment will result in differences in drug development outcomes. The
We have accomplished most of our goals, and now are laying out a strategy to help us achieve our year-end strategic objectives.
One of the most significant initiatives of this quarter will be to conduct an economic analysis of different pharmaceutical regimes. We believe that this effort will help us to formulate our own policies going forward with respect to drug production, global pricing as well as our distribution and licensing strategy.
The core concept is going to examine the drug development regimes in the U.S., modern China and the USSR of the 70s and 80s. This study is expected to take until mid-December and produce insights that will help us with our strategic decision-making going forward.
Each person who will be involved with the project will receive a briefing by the end of business on Thursday outlining their role in the project. For some, your role will be to focus on this project primarily.…
As long as the government will be able to tackle these concerns and retain a sustainable development of the economy, it is likely that China will become one of the most prosperous countries in the world. However, the authorities will need to watch for popular discontent following income inequality. Bibliography Qian Yingyi; the Process of China's Market Transition (1978-98): The Evolutionary, Historical, and Comparative Perspectives. Stanford University. April 1999. On the
Housing Market in China: A Critical Survey of the Literature This is a critical survey of the literature on the state of housing market in China. It highlights the high and rising cost of housing in major markets, which have attracted worldwide attention, as well as the interest of the Chinese government. It is difficult to understand the Chinese housing market without delving into the background. In this regard, the
China Today when one thinks of a country with explosive economic growth and a bright future both economically and politically, China comes to mind. China has risen in prominence on the global stage at an exceedingly fast rate. It is sometimes referred as the United States, next great potential rival, and with good reason. It is officially known as the People's Republic of China and is the world's most populated country
Foreign Exchange Market of China The foreign exchange market is a financial market for trading currencies. The market is decentralized and there are financial centers around the world that operate as places of trade, where different types of buyers and sellers can trade the currencies. Ultimately, these trades directly influence how each currency is valued relative to the world market. The foreign exchange market involves international trade and investment which in
Other credit card issuers are proceeding more cautiously. MBNA, for example, the second-biggest card lender in the United States, after Citibank, said in April that it had set up an office in Shanghai to study the market (Kingson, 2004)." Many credit card providers are waiting until the restrictions are lifted in China before determining whether or not to open. It is important to study the impact that the lifting of
Economy of china is one of the largest economies in the world after the United States of America. Over the years it has been regarded as the fastest growing economy in the world registering the highest number of exports and imports. This has been attributed to high population that the economy has to support. As a result, the economy has improved which has been reflected in terms of the infrastructure
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