The article describes the potential short and medium term socioeconomic impact of the rapidly growing HIV/AIDS epidemic in Ukraine and provides evidence for policy making. The prognoses of the epidemic development (2004 2014) inform policy makers about the potential costs of the epidem ic and the multitude of channels through which it affects the national econo my: increased morbidity and mortality, reduction in labour supply and effi ciency of labour, loss of investment in human capital and

more »

... inished returns to such investment, increased direct government spending and the loss of tax revenues, decrease in public and private savings and investment, and further macroeconomic impacts. З того часу, коли було зареєстровано перший випадок хвороби, епідемія ВІЛ/