Small Changes, Big Results: Behavioral Economics at Work in Poor Countries

In the developed world, these ideas are beginning to affect policy. For instance, the Pension Protection Act of 2006 encourages U.S. employers to establish automatic enrollment for retirement plans. Could such approaches help alleviate poverty in developing countries? If policies based on behavioral economics can help Americans save more, could they also help Indian children get vaccinated or Kenyan children get cleaner water?

Source: Boston Review
Published: Mar 20, 2011
Length: 13 minutes (3,472 words)
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