Développement financier et dépenses de santé pour la préservation des vies des personnes vulnérables en Afrique Subsaharienne

Resumo

The article analyses the impact of financial development on the life expectancy of vulnerable populations in Sub-Saharan Africa (SSA), focusing on women’s longevity and child survival rates. Using data from 44 SSA countries covering the period 2002–2022, the study applies the Generalised Method of Moments (GMM), with financial development indices sourced from the International Monetary Fund (IMF) and healthcare, female life expectancy, and infant survival data obtained from the World Bank. The results indicate that financial development positively influences public health investment, thereby improving access to healthcare for vulnerable groups. It also stimulates private sector investment in the healthcare industry, highlighting its growing role in service delivery. Through increased health expenditures, financial development contributes to longer life expectancy and higher child survival rates. The findings stress the importance of policies that enhance the quality and efficiency of healthcare spending, while emphasising the value of private investment and targeted external assistance in improving women’s and children’s health outcomes. Furthermore, financial development, through its depth, institutional, and market dimensions, amplifies the effects of public health investment, strengthening governance, transparency, and resource allocation in SSA’s healthcare systems, and calling for a holistic approach to address persistent health challenges.