How can we create a government culture which produces evidence-based public policy? That is the central question to the latest report by J-PAL (The Abdul Latif Jameel Poverty Action Lab) “Creating a culture of evidence: lessons from J-PAL partnerships with Latin America.” J-PAL is a think tank co-funded by Esther Duflo and Abhijit Banerjee, two of the 2019 Nobel Prize of … [Read more...] about 4 recommendations for promoting evidence-based public policy
Financial education programs often work for young people. But when targeting adults, attendance rates tend to plummet and old habits creep back in. Learning about finance is key to financial inclusion. So how can we better reach adults and transform their financial habits? Among youth, hands-on learning strategies are at least as successful as lectures. But we still know … [Read more...] about Can teaching financial literacy help teachers improve their own financial habits?
When you think about Multilateral Development Banks (MDB) like the IDB, you normally think about public sector investment. But can the public sector arm of an MDB also mobilize private investment? The answer is yes. Here is how: Global challenges, changing demographics, and investment decisions If you had to go back in time to 1980 and had some extra cash to invest, you would … [Read more...] about Boosting impact of development projects in the public sector with private investments
What do nearly 200 CEOs of the world’s biggest companies have in common? They have recently committed to run their businesses for the benefit of all stakeholders–customers, employees, suppliers, communities, and shareholders. This high-profile declaration echoes mounting interest across the corporate and investment worlds in achieving positive social and environmental impact … [Read more...] about Measuring impact is key to meet the Sustainable Development Goals
Does it happen to you that you carry an umbrella almost always in case it rains, and never need to use it except -of course- when it’s raining, and it’s precisely then that you realize that you forgot it? Isn’t it the case on any given day walking outside, that we are willing to pay more for an umbrella when it is pouring than when it is sunny? The umbrella is a device that … [Read more...] about Are multilateral banks really supporting countries in times of need?