Renos Vakis is a Lead Economist with the World Bank's Poverty and Equity Global Practice and co-head of its Mind, Behavior and Development Unit. An expert on poverty who has written extensively about both Latin America and South Asia, he helps direct the unit's efforts to apply behavioral science to anti-poverty policies in areas ranging from financial inclusion to early … [Read more...] about Behavioral Science and the Struggle for Social Cohesion
By Juan Camilo Cárdenas Disappearing forests. Overfishing. Chronic water shortages. These are all major challenges for economists in a 21st century of population pressures and climate change. Thankfully, they also have new tools. Economists used to think of people as overwhelmingly rational and self-interested, driven above all to maximize their short-term material … [Read more...] about What Behavioral Economics Reveals About Sharing and Cooperation
Alexandra De Filippo is a principal advisor at the North American division of The Behavioral Insights Team (BIT), an organization widely known as the "Nudge Unit." Since its inception, BIT has used behavioral science in wide-ranging efforts that include, among many others, increasing tax collection and electoral participation rates, boosting organ donation and reducing medical … [Read more...] about Leveraging Behavioral Science for Savings and Health
By Jorge M. Agüero Few efforts could be more important for Latin America and the Caribbean than ending the scourge of domestic violence. The region has the world's second highest rate of violence against women by partners or ex-partners and shockingly high levels of femicides, involving the killing of women because of their gender. The good news is that many countries … [Read more...] about Domestic Violence Campaigns Can Have Negative Repercussions: Why?
Latin America needs to increase its rate of tax collection. With budgets tight and capital spending meager, the region can't tolerate rates of evasion for personal and corporate income taxes of up to 50% in many countries. Moreover, in a region already very unequal, tax evasion tends to increase inequality. But the challenges of improving tax collection are immense. Apart … [Read more...] about The Pros and Cons of Simplified Tax Notices and Amnesties