What could be the economic impact of Golden Rice in Asia?
Recent studies suggest significant net economic benefits to countries from the adoption of Golden Rice. These benefits stem from the expected reduction in disease and mortality incidences from VAD, and would by far surpass any adverse economic effects from barriers to exports into countries currently unwilling to import transgenic crops. The economic benefits result from better public health as measured by DALYs (Disability Adjusted Life Years; see Zimmerman and Qaim, 2004) as well as from increased worker productivity (Anderson et al. 2004). The value of health improvements to the Philippine economy are estimated at US$16 88 million per year (Zimmerman and Qaim 2004). Annual net gains in Asia are estimated at US$6.3 billion (China), $2.3 bn (India), and $4.1 bn for the rest of South and South East Asia.