After the Health for All declaration of the Alma Ata conference, many countries in the developing world have been trying to provide basic health services to their population. However, it has become increasingly clear that due to market failure, state failure, and other reasons, the conventional sources of finance could not solve the health problem of developing countries, particularly that of the rural population and the high-risk groups.
As a result, there is a worldwide initiative to find additional sources of finance which are broad based, sustainable, and suitable to the...