In the field of microfinance, microinsurance aims to provide protection for low-income people against risk in exchange for a premium payment according and proportional to their respective risk exposure. As in industrialized countries almost everyone owns some type of insurance, in developing countries formal insurance contracts are uncommon and rare. This is due to diverse … Continue reading Innovations in Microinsurance – Can index-based microinsurance be a sustainable instrument to reduce poverty?
Corruption appears in various forms, on different levels and everywhere around the world. Corruption has a negative impact on the economic growth, investment, provision of public services and equality. The World Bank describes corruption as “an abuse of public office for private gain” and as the greatest obstacle to economic and social development (World Bank … Continue reading Does local culture influence corruption?
When I stayed at the Galapagos Islands a few years ago, one striking observation was the state of the backyards owned by the farmers living in the highlands of the Island San Cristobal. The ground behind the farmhouse was full of garbage – plastic packaging, children's old toys, unused tools... I was wondering why in … Continue reading How is pro-environmental behavior influenced by social norms?
"Present" - A Universal Bias The concept of present bias is a foundational--and extensively studied--concept within behavioral economics. Simply put, it describes the tendency for economic actors (i.e. people!) to place a higher value on the present as compared to the future. It is widespread to the point of anecdote--most everyone has at some point … Continue reading Present Tension: Implications of Present-Bias Heterogeneity on Development Aid and Initiatives
If you type “global health” into the search box on the New York Times website, you get an impression of the frequency with which positive and negative news on this topic alternate. One can read about falling rates of infant deaths on the African continent, promising new Malaria drugs, and the record low of worldwide … Continue reading Behavioral Insights- How to tackle challenges in the global health sector
Looking back in history, there has always been a gap between men and women not only in terms of wages but also in the opportunities both sexes have been given inside and outside the labour market. Different scholars have shown that up until now women are still dealing with discrimination, occupational segregation and different perceptions … Continue reading If there was financial security for all, would the world (as we know it) go down? – A look on gender equality and the abilities of a basic income