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According to Smith et al (2003) “Public

According to Smith et al (2003) “Public Good attributes create a paradox: although there is a significant benefit to be gained from them since many people can benefit without reducing the benefit to others, there is no commercial incentive for their production because ‘non-exclusion’ means that a price cannot be enforced. With national public goods, the government, therefore, intervenes in either finance, such as taxation or licenses, or direct provision. For global public goods, the situation is exacerbated because no ‘global government’ exists to regulate or enforce finance or production” (Smith et al, 2003). Given this paradox, what do you think is the best way of ensuring collective action at the international level? Please share an example to support your resp References: Smith R., Beaglehole R., Woodward D., Drager N. (ed.), (2003). Global Public Goods for Health: health economics and public health perspectives. Oxford, Oxford University Press, 2003. 320 p. Retrieved from https://www.who.int/trade/resource/GPGH/en/

 
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