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Improving Lives in Latin America and the Caribbean

In: Behavioral Public Policy in a Global Context

Author

Listed:
  • Carlos Scartascini

    (Inter-American Development Bank)

  • Déborah Martínez Villarreal

    (Inter-American Development Bank)

Abstract

Latin America and the Caribbean (LAC) continues to be one of the world's slowest-growing regions. Reducing the growth gap requires improving the effectiveness and efficiency of public policies. Behavioral insights are part of the toolbox that policymakers are increasingly using to enhance the effectiveness of public policy in a political context in which structural reforms are difficult. To foster sustainable and equitable growth, the Inter-American Development Bank has created a group that helps apply and disseminate behavioral insights in the Bank and the region. This chapter describes the work of the IDB Behavioral Economics Group, provides examples of how it brings behavioral insights to public policy, and it offers lessons learned and recommendations for governments and other multilateral institutions.

Suggested Citation

  • Carlos Scartascini & Déborah Martínez Villarreal, 2023. "Improving Lives in Latin America and the Caribbean," Springer Books, in: Michael Sanders & Syon Bhanot & Shibeal O' Flaherty (ed.), Behavioral Public Policy in a Global Context, pages 179-190, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-31509-1_12
    DOI: 10.1007/978-3-031-31509-1_12
    as

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