In my previous story, I discussed medical debt focusing on many issues that pertain to profit-maximizing behavior but I did not explain how medical debt can lead to the flourishing of the organ-selling market.
Many of you who have taken time to read my first story will be surprised by the sharp conclusion how medical debt and organ market are related. I would like to pinpoint here the vulnerable people and vulnerable countries where health care services are poor or non-existent (see video).
So the question now, how can the unfair exchange be a source of black market for organs? We can find most of the answers in the Purchasing Power Parity (PPP). The PPP is a theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries. This PPP can be used as a proxy to measure the vulnerability or the likelihood of a given country to become an organ-import country.
On the top the Figure 1, we find CHF Switzerland and ILS Israel. I was surprised to see these two countries at the top of the chart because these two countries are known to be organ-import countries (World Health Organization). Other sources of this black market is a failed or corrupted States, on the list are India, Pakistan, and the Philippines to name a few (WHO). However, one should distinguish between import-organ countries and transplant organ countries. Most of the import-organ countries are failed States and Low income and corrupted Countries. Another interesting fact is that organ-transplant countries are exactly those at the bottom of the Chart.
World Health Organization can use its power to hunt down these organ-transplant countries, or at least levee taxes on transplants conducted on those countries.
Original post can be seen here.