5 minute read. Fiscal policy is defined as the use of government revenue collection and government spending to influence the economy. It can be used to affect various macroeconomic factors, including the level of aggregate demand in the economy, savings and investment, and the allocation of resources. Strategic decisions regarding government spending and taxation … [Read more...] about Taxonomy Matters: Fiscal Policy
Kyle Strand
Kyle Strand is Lead Knowledge Management Specialist and Head of the Felipe Herrera Library in the Knowledge, Innovation and Communication Sector of the Inter-American Development Bank (IDB). For more than a decade, his work has focused on initiatives to improve access to knowledge both at the Bank and in the Latin American and Caribbean region. Kyle designed the first open repository of knowledge products at the IDB and spearheaded the idea of software as a knowledge product to be reused and adapted for development purposes, which led the IDB to become the first multilateral to formally recognize it as such. Currently, Kyle coordinates library services within the organization, supports the open knowledge product lifecycle including publications and open data, and promotes the use of artificial intelligence and natural language processing as a cornerstone of knowledge management in the digital age. Kyle is also executive editor of Abierto al Público, a blog in Spanish that promotes the opening and reuse of knowledge. He has a B.A. from the University of Michigan and an M.A. from the George Washington University.
Taxonomy Matters: Artificial Intelligence
According to Stanford University, Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction. As its concept suggests, AI is a broad term that encompasses any technology that allows computers to mimic human abilities. This field includes disciplines such … [Read more...] about Taxonomy Matters: Artificial Intelligence
Taxonomy Matters: Behavioral Economics
This edition of the Taxonomy Matters series explores the concept of behavioral economics. According to the International Encyclopedia of the Social and Behavioral Sciences, in an article by Sendhil Mullainathan and Richard Thaler, behavioral economics is the combination of psychology and economics … [Read more...] about Taxonomy Matters: Behavioral Economics
Taxonomy Matters: Food Security
Our recurring series Taxonomy Matters explores definitions of terms related to the field of international development and their connection to knowledge products that we publish. This new entry focuses on the subject of food security. According to the United Nations Food and Agriculture Organization (FAO) and its multilingual thesaurus AGROVOC, food security is a situation … [Read more...] about Taxonomy Matters: Food Security
Taxonomy Matters: Climate Finance
This article is part of the Taxonomy Matters series, where we share definitions from our knowledge taxonomy along with a set of related knowledge products. In this edition, the term is climate finance. Within the United Nations Framework Convention on Climate Change (UNFCCC), it is defined as “local, national or transnational financing—drawn from public, private and … [Read more...] about Taxonomy Matters: Climate Finance