Macroeconomic stabilization

The workings of the national and global economy affect many people. Often the global economy is unstable, which can be costly: for instance, the Great Recession caused a rise in unemployment, and might have had other serious, but less visible, effects such as increasing cancer deaths worldwide (Maruthappu et al 2016).

The Open Philanthropy Project believes that there are macroeconomic policies that could alleviate some of this instability, and reduce its associated costs. It supports work to advocate for such policies, and to research better policies (Open Philanthropy Project 2016).

Further reading

Open Philanthropy Project. 2016. Macroeconomic stabilization policy.

Maruthappu, Mahiben et al. 2016. Economic downturns, universal health coverage, and cancer mortality in high-income and middle-income countries, 1990–2010: a longitudinal analysis. The Lancet 388(10045): 684-695.
An analysis of the effects of unemployment and reduced health care spending on cancer mortality.