We use behavioral insights to improve lives in Latin America and the Caribbean

What We Do

For nearly a decade now, the IDB has incorporated behavioral insights across its projects, country dialogue, and policy design. The mission of the Behavioral Economics Group is to further these efforts, improving policy design through behavioral insights while positioning the IDB as a thought leader on the subject in Latin America and the Caribbean.

What We Do

  • to build institutional capacity on behavioral insights at the IDB and in the region;

  • to generate new knowledge through country-based interventions

  • and to disseminate results and best practices.

At the IDB, we have leveraged insights from behavioral economics to improve educational outcomes and degree choice, increase personal savings and social security contributions, and promote greater tax compliance and debt repayment to the state. Along many others, we are also improving the health indicators of children and adults and improving the relationship between citizens and the institutions that serve them.

What Drives Us

We believe that mainstreaming behavioral insights across our projects has the potential to create better policies, improving the lives of citizens across Latin America and the Caribbean by helping them make the choices that increase their welfare.

 

Our Experience

 

Highlights

LACEA BRAIN

On June 5-7, we will be hosting the first meeting of LACEA-BRAIN, the Behavioral Insights Network of the Latin American Economic Association. The event is co-hosted by the IDB and the World Bank’s eMBeD and will showcase work at the frontier of behavioral economics, with a special emphasis on applications to policy and to the LAC region.

 

Training Session on Behavioral Economics and Road Safety for the City of Buenos Aires

Poor road safety affects more than 5 million people in Latin America and the Caribbean, with more than 120,000 deaths per year. The IDB’s Behavioral Economics Group helped the City of Buenos Aires identify new solutions to this critical challenge leveraging behavioral economics tools.

During an intensive one-day session, more than 70 public officials learned about the fundamentals of behavioral economics and experiences from other cities, followed by a brainstorming about potential policies applicable to the City of Buenos Aires. The IDB continues to invest in improving lives, reducing road accidents and unnecessary deaths with its partners in the region.

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Economía del Comportamiento - Behavioral Economics (Facebook Live)

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¿Qué tiene que ver la psicología con políticas públicas para manejar desafíos como la corrupción, el ahorro, la congestión urbana o la obesidad? Entérate en esta conversación sobre la economía del comportamiento entre el Presidente del BID, Luis Alberto Moreno; Carlos Scartascini, economista principal del Departamento de Investigación del Banco; y Florencia López Boo, especialista senior de la División de Salud y Protección Social.

Public policies for better decisions

Information and citizen behavior: Public policies for better decisions. Citizens are often busy, stressed and they don´t have time or the tools to make take the right decisions. That's why the information you provide to them, how clear and concise it is, and how you distribute it can be important in determining how they behave. The IDB has conducted several interventions in which it offered clear information to citizens so they could make better decisions. We are working on environmental issues, providing information on pollution, on issues of citizen safety and the relationship with the police, and on conservation of resources like drinking water. In all cases, we seek to increase confidence in the State and greater demand for public policies with long-term benefits. At the IDB we are committed to continue designing and supporting public policies that improve the lives of Latin Americans.

 

10 Lecciones de las ciencias del comportamiento para las políticas públicas en el Sector Social

 

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El BID compiló estas diez lecciones, a partir de la reunión del Comité Asesor sobre ciencias del comportamiento, el 19 de abril de 2018. Entre los participantes externos se encuentran: Alissa Fishbane, Anandi Mani, Stefan Dercon, Stewart Kettle, Dean Karlan, Tim Chadborn y Brigitte Madrian.¿Quieres conocer más sobre este grupo de trabajo? Contacta a Florencia Lopez Boo, scl-sph@iadb.org