From New York and Washington to London and Santiago, metro and other mass transportation systems have long been vulnerable to people who jump turnstiles, avoid ticket collectors, and engage in other kinds of fare evasion that can lead to tens or hundreds of millions of dollars in revenue losses each year and even accidental death. TransMilenio, the world's … [Read more...] about Enlisting Behavioral Sciences to Combat Fare Dodging on Public Transport
Financial Literacy in Suriname
It has long been understood that financial literacy and financial inclusion can increase household's financial resilience. That is especially true in times of economic crises, such as that of the current Covid-19 pandemic. People with financial skills can better plan, save for retirement, and accumulate more wealth. Adept at modern financial … [Read more...] about Financial Literacy in Suriname
COVID-19: Containment Measures and Trust
The development of effective vaccines against COVID-19 marks a historic breakthrough. But even if advanced economies succeed in getting most of their population vaccinated in 2021, achieving herd immunity as quickly in developing countries through vaccination will be difficult. This means that as the virus continues to spread around the globe, managing mobility restrictions … [Read more...] about COVID-19: Containment Measures and Trust
Boosting Global Innovation in Education
As Covid-19 threatened the health and economic survival of millions of people around the world, the pharmaceutical industry, academia, and the public sector rallied to make quick and decisive investments that have led to better treatments and vaccines that could soon turn the corner in the fight against … [Read more...] about Boosting Global Innovation in Education
On the Macroeconomics of Covid-19 and the Risks That Will Be Left in its Wake
Covid-19 has wreaked havoc in Latin America and the Caribbean. It has killed hundreds of thousands of people, destroyed livelihoods and is provoking a deep economic crisis. The New Year is a good time to take stock and try to understand the economics of the crisis. The new year may start with a hangover: The response to the crisis may leave three issues overhanging. In … [Read more...] about On the Macroeconomics of Covid-19 and the Risks That Will Be Left in its Wake