The life-and-death implications of globalization.
As an alternative to examining the effect of trade openness on economic growth, this paper investigates the connection between openness and a society’s health status. There are a number of advantages with this approach, including a more direct link with welfare and a more comparable data definition across countries. We report several pieces of evidence suggesting that higher trade openness (especially when measured by a lower tariff rate) is associated with a longer life expectancy and a lower infant mortality. On the other hand, financial openness does not seem to help promote better health. (author's)