Abstract and Keywords
This chapter examines the impact of globalization on healthcare. It considers six important parts of the health industry being influenced by globalization: hospitals, health insurance, patient care, drugs and medical devices, telemedicine, and medical personnel. This chapter uses two common themes to understand how globalization might represent “the great rebalancing” in healthcare: first, “market-driven convergence” is pushing standards and practices in the health industry to become more alike across jurisdictions; second, the lack of international law and the limits of domestic law create a transnational legal void in which globalization advances almost unfettered. The chapter considers the limits of domestic law and the feasibility of international cooperation before concluding with an assessment of various “soft law” levers and their ability to correct market failures as well as inequities in global healthcare markets.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.