Ideas to Action:

Independent research for global prosperity

Public Event

The Behavioral Economics of Extreme Poverty

Friday, March 28, 2014 - 11:00am to 12:30pm

Sendhil Mullainathan
Professor of Economics, Harvard University
Non-Resident Fellow, CGD

With Discussants
Saugato Datta
Vice President, ideas42
Ariel Pablos-Méndez
Assistant Administrator, Bureau for Global Health, USAID
Norbert Schady
Principal Economic Advisor for the Social Sector, Inter-American Development Bank

Moderated by
Amanda Glassman
Director of Global Health Policy and Senior Fellow, CGD

Why do the poor remain poor? Sendhil Mullainathan's recent research shows that living under conditions of extreme poverty -- or scarcity -- makes it harder for the poor to do the very things that could help them escape poverty. That is, scarcity makes it hard for the poor to make the good decisions about their own health, nutrition and investments, among other issues.

Mullainathan will explore the implications of his research on scarcity and behavioral economics for how we think about and tackle the problem of persistent, extreme poverty and poor health and nutrition in the developing world. His remarks will be followed by a panel discussion on how these lessons can inform development policies and programs.

This CGD event, held in partnership with the U.S. Agency for International Development, is the third in a series USAID has organized to develop discourse and substantively engage the external community on President Obama's commitment to eradicate extreme poverty within a generation. USAID will use the questions and information from these conversations to inform their approach to ending extreme poverty.

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Photo of Amanda Glassman
Executive Vice President of CGD, CEO of CGD Europe, and Senior Fellow

Friday, March 28, 2014
11:00 a.m. - 12:30 p.m.