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The Global Insights Initiative

October 22, 2015 | 14:30 ET, 18:30 GMT

Development policy is due for a redesign based on a more realistic understanding of how people think and behave. The World Development Report 2015 shows that people tend to think quickly, use mental models and shared mindsets, and care about their societies. The Report demonstrates that a more realistic understanding of choice and behavior can make development interventions much more effective.

The Global Insights Initiative (GINI), a new team in DEC, aims to do just that. It will work with World Bank teams from across the Global Practices, Cross Cutting Solution Areas, and Regions to incorporate behavioral and social insights into project design, evaluate the impact of interventions inspired by those insights, and mainstream behavioral economics, social psychology, and related fields into the work of the World Bank Group.

Speakers

James B. Duke Professor of Psychology and Behavioral Economics, Duke University

Managing Director, ideas42

Lead, Behavioural Insights, Government of Canada

Chair, Social and Behavioral Sciences Team, White House Office for Science and Technology Policy

Co-Director, World Development Report 2015, World Bank Group

Deputy Chief Economist, The World Bank Group.

Vice President, Operations Policy and Country Services, World Bank Group

Senior Vice President and Chief Economist, World Bank Group

World Bank Group President Jim Yong Kim on October 24, 2013 in Washington DC. Photo © Dominic Chavez/World Bank

President, World Bank Group