The challenge of antimicrobial resistance: What economics can contribute

Laurence S.J. Roope, Richard D. Smith*, Koen B. Pouwels, James Buchanan, Lucy Abel, Peter Eibich, Christopher C. Butler, Pui San Tan, A. Sarah Walker, Julie V. Robotham, Sarah Wordsworth

*Corresponding author for this work

    Research output: Contribution to journalReview articlepeer-review

    315 Citations (Scopus)

    Abstract

    As antibiotic consumption grows, bacteria are becoming increasingly resistant to treatment. Antibiotic resistance undermines much of modern health care, which relies on access to effective antibiotics to prevent and treat infections associated with routine medical procedures. The resulting challenges have much in common with those posed by climate change, which economists have responded to with research that has informed and shaped public policy. Drawing on economic concepts such as externalities and the principal–agent relationship, we suggest how economics can help to solve the challenges arising from increasing resistance to antibiotics. We discuss solutions to the key economic issues, from incentivizing the development of effective new antibiotics to improving antibiotic stewardship through financial mechanisms and regulation.

    Original languageEnglish
    Article numbereaau4679
    JournalScience
    Volume364
    Issue number6435
    DOIs
    Publication statusPublished - 5 Apr 2019

    Bibliographical note

    Publisher Copyright:
    © 2017 The Authors.

    Fingerprint

    Dive into the research topics of 'The challenge of antimicrobial resistance: What economics can contribute'. Together they form a unique fingerprint.

    Cite this