How can we promote health and alleviate poverty in developing countries?
Development economist and Nobel laureate Micheal Kremer provides a solution to obtain reliable answers for this question. It involves dividing the issue into smaller, more manageable questions – an experimental approach characterized by rigorous testing. He talked about his work in a keynote in Zurich, organized by the Department of Economics and the Excellence Foundation Zurich.
In his keynote, Kremer drew parallels between his work and innovation processes from the business world, such as new product launches which often involve A/B-testing. He showed how development aid can be made more effective if measures are rigorously tested. Equally important for him is the cooperation with local authorities and institutions, he said. This is often seen as an obstacle, but according to Kremer this is a misconception. After all, coordinating and dealing with the local people and conditions offers an interdisciplinary perspective, which is very valuable for research.
Missed the event? Watch the keynote on YouTube: https://www.youtube.com/watch?v=61FZn08D7Sw