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Advance Market Commitments
An advance market commitment (AMC) is a binding contract, typically offered by a government or other financial entity, used to guarantee a viable market for a product once it is successfully developed. Generally AMCs are used in circumstances where the cost of developing a new product is too high to be worthwhile for the private sector without a guarantee of a certain quantity of purchases in advance. As such, AMCs have been used in the creation of vaccines or other medicine with high up-front development costs. As a result of such a commitment, the market for vaccines or drugs for neglected diseases would be comparable in size and certainty to the market for medicines for rich countries. This would encourage biotech and pharmaceutical companies to invest in the development of new vaccines to tackle the world’s most pressing health problems, such as pneumonia, diarrheal disease, HIV/AIDS, and malaria, in the normal course of their business decisions. An AMC has also been launch ...
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Government
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ...
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Editorial
An editorial, or leading article (UK) or leader (UK) is an article written by the senior editorial people or publisher of a newspaper, magazine, or any other written document, often unsigned. Australian and major United States newspapers, such as ''The New York Times'' and ''The Boston Globe'', often classify editorials under the heading " opinion". Illustrated editorials may appear in the form of editorial cartoons. Typically, a newspaper's editorial board evaluates which issues are important for their readership to know the newspaper's opinion on. Editorials are typically published on a dedicated page, called the editorial page, which often features letters to the editor from members of the public; the page opposite this page is called the op-ed page and frequently contains opinion pieces (hence the name think pieces) by writers not directly affiliated with the publication. However, a newspaper may choose to publish an editorial on the front page. In the English-languag ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a mo ...
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Christopher Snyder (economist)
Christopher Mark Snyder is an American economist and the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College. He is the co-author of two textbooks, ''Microeconomic Theory: Basic Principles and Extensions'' and ''Intermediate Microeconomics and its Application''. Background and research Snyder's research focuses on Industrial Organization, Microeconomic Theory and Law and Economics. His recent work has focused on healthcare and vaccines and the economics of open access journals, among other things. In addition to teaching undergraduate students, he is a research associate with the NBER in the Law and Economics Program. Snyder also serves as Secretary-Treasurer of the Industrial Organization Society, and as an Associate Editor for the Review of Industrial Organization. Prior to Dartmouth, Christopher Snyder was a professor at George Washington University. He graduated summa cum laude from Fordham University in 1989 and received his Ph.D. in Economics from MIT in ...
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Rachel Glennerster
Rachel Glennerster (born 21 October 1965) is an Associate Professor of Economics at the University of Chicago. Glennerster served as chief economist for the Foreign, Commonwealth & Development Office, formerly the Department for International Development (DFID), the UK's ministry for international development cooperation, after formerly serving on DFID's Independent Advisory Committee on Development Impact. She is on leave as an affiliated researcher of the Abdul Latif Jameel Poverty Action Lab (J-PAL). She was the executive director of J-PAL until 2017 and the lead academic for Sierra Leone at the International Growth Centre, a research centre based jointly at The London School of Economics and Political Science and the University of Oxford. She helped establish the Deworm the World Initiative, a program that targets increased access to education and improved health from the elimination of intestinal worms for at-risk children and has helped "deworm" millions of children worldwid ...
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Susan Athey
Susan Carleton Athey (born ) is an American economist. She is the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business. Prior to joining Stanford, she has been a professor at Harvard University and the Massachusetts Institute of Technology. She is the first female winner of the John Bates Clark Medal. She served as the consulting chief economist for Microsoft for six years and was a consulting researcher to Microsoft Research. She is currently on the boards of Expedia, Lending Club, Rover, Turo, Ripple, and non-profit Innovations for Poverty Action. She also serves as the senior fellow at Stanford Institute for Economic Policy Research. She is an associate director for the Stanford Institute for Human-Centered Artificial Intelligence and the director of Golub Capital Social Impact Lab. Early life and education Athey was born in Boston, Massachusetts, and grew up in Rockville, Maryland. Her parents are Elizabeth ...
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Politico
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American, German-owned political journalism newspaper company based in Arlington County, Virginia, that covers politics and policy in the United States and internationally. It primarily distributes content online but also with printed newspapers, radio, and podcasts. Its coverage in Washington, D.C., includes the U.S. Congress, lobbying, the media, and the presidency. Axel Springer SE, a German publisher, announced in August 2021 that it had agreed to buy Politico from founder Robert Allbritton for over $1 billion. The closing took place in late October 2021. The new owners said they would add staff, and at some point, put the publication's news content behind a paywall. Axel Springer is Europe's largest newspaper publisher and had previously acquired ''Insider''. History Origins, style, and growth ''Politico'' was founded in 2007 to focus on politics with fast-paced Internet reporting in gr ...
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Center For Global Development
The Center for Global Development (CGD) is a nonprofit think tank based in Washington, D.C., and London that focuses on international development. History It was founded in November 2001 by former senior U.S. official Edward W. Scott, director of the Peterson Institute for International Economics, C. Fred Bergsten, and Nancy Birdsall. Birdsall, the former vice president of the Inter-American Development Bank and former director of the Policy Research Department at the World Bank, became the center's first president. Lawrence Summers was unanimously elected in March 2014 by the CGD Board of Directors to succeed founding Board Chair Edward Scott Jr., on May 1, 2014. CGD was ranked the 13th most prominent think tank in the international development sphere by University of Pennsylvania's "2015 Global Go To Think Tank Index Report". In 2009, ''Foreign Policy'' magazine's Think-Tank Index listed CGD as one of the top 15 overall think-tanks in the US. CGD's stated mission is " ...
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Michael Kremer
Michael Robert Kremer (born November 12, 1964) is an American development economist who is University Professor in Economics And Public Policy at the University of Chicago. He is the founding director of the Development Innovation Lab at the Becker Friedman Institute for Economics. Kremer served as the Gates Professor of Developing Societies at Harvard University until 2020. In 2019, he was jointly awarded the Nobel Memorial Prize in Economics, together with Esther Duflo and Abhijit Banerjee, "for their experimental approach to alleviating global poverty." Early life and education Michael Robert Kremer was born in 1964 to Eugene and Sara Lillian (née Kimmel) Kremer in New York City. His father, Eugene Kremer was the son of Jewish immigrants to the US from Austria-Poland. His mother, Sara Lillian Kremer was a professor of English literature, who specialized in American Jewish and Holocaust literature. Her parents were Jewish immigrants to the US from Poland. He graduated from ...
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Vaccine
A vaccine is a biological Dosage form, preparation that provides active acquired immunity to a particular infectious disease, infectious or cancer, malignant disease. The safety and effectiveness of vaccines has been widely studied and verified. A vaccine typically contains an agent that resembles a disease-causing microorganism and is often made from weakened or Antigen, killed forms of the microbe, its toxins, or one of its surface proteins. The agent stimulates the body's immune system to recognize the agent as a threat, destroy it, and to further recognize and destroy any of the microorganisms associated with that agent that it may encounter in the future. Vaccines can be prophylaxis, prophylactic (to prevent or ameliorate the effects of a future infection by a natural or "wild" pathogen), or therapeutic vaccines, therapeutic (to fight a disease that has already occurred, such as cancer vaccine, cancer).
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World Health Organization
The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainment by all peoples of the highest possible level of health". Headquartered in Geneva, Switzerland, it has six regional offices and 150 field offices worldwide. The WHO was established on 7 April 1948. The first meeting of the World Health Assembly (WHA), the agency's governing body, took place on 24 July of that year. The WHO incorporated the assets, personnel, and duties of the League of Nations' Health Organization and the , including the International Classification of Diseases (ICD). Its work began in earnest in 1951 after a significant infusion of financial and technical resources. The WHO's mandate seeks and includes: working worldwide to promote health, keeping the world safe, and serve the vulnerable. It advocates that a billion more people should have: universal health care coverag ...
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