Michael Kremer: "Yes, we grow economically, but people are dying from lack of access to clean water"

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Michael Kremer, en un momento de su intervención.
He majored in social studies at the university and has just won the Nobel Prize in Economics for his research on poverty and development. How did you get here? Asked last Wednesday for his beginnings in this field, in a talk at the Center for Global Development in Washington, Michael Kremer (New York, 1964) quotes his conviction: "We have a moral obligation, when there are people who are suffering and even dying and even dying and there's something we can do about it, about getting involved".

Now, Kremer hopes that the prestigious award, which he has received together with Abhijit Banerjee (Bombay, 1961) and Esther Duflo (Paris, 1972), will help to strengthen the studies and practical applications of the development economy, in which he is considered a pioneer. "Yes, we want economic growth and it's the most important thing in the long run, there's no doubt", he says. "But in the meantime, people die because they don't have access to clean water". And that's where the development economy prioritizes acting now.

The American economist, a Harvard University professor and a non-resident researcher at the Center for Global Development (among other entities), delves into his example on water: "We first thought about protecting the springs, improving infrastructure". But it wasn't enough. E. Coli bacteria counts (which can cause diarrhea and respiratory and urinary tract infections, among other diseases) had decreased at source, but increased in homes. The water was polluting again.

The solution? Instead of selling small canishem ingessfore for the houses, they decided to install public containers at the water collection points, so that the product could be added directly at the same point. Treatment rates increased from 7% to 50%, according to Kremer.

"It's about applying general knowledge to reality and analyzing the impact", the economist summarises. "I'm not saying they're going to turn Kenya into Singapore, but maybe a lot of little things, along with some big ones, will turn Kenya into Singapore, and each of them helps", he says.

In addition, remember that these researches may offer practical solutions that do not require large-scale changes. Examples of this are studies that have shown that offering free books does not improve school outcomes and, on the other hand, booster classes, do. "Five million children benefit from this type of education in India and efforts are also expanding in African countries".

Although he warns of his great difficulty, Kremer stresses the importance of moving theoretical results into practice. Like your development of a venture capital fund for projects at the U.S. Development Agency (USAID). Or their participation in the working group that raised an early market commitment to encourage the creation of a pneumococcal vaccine (which can cause pneumonia and meningitis, among others) in the poorest countries.

"The original idea was to do it for something like malaria, a much more distant technological goal", he recalls, as one of the best-known aspects of a project. However, it is satisfied, because this initiative enabled pharmaceutical and biotech companies to investigate a disease that they traditionally did not pay attention to because of a lack of economic benefit.

That connection between theory and practice is the one in which he plans to continue to overturn. Among the ideas he is enthusiastic about, he highlights digital development and the growing involvement of researchers from developing countries. Always, with economics as a tool and "end in itself", as well as "a very important end in itself" – defines the need to "address the practical problems of the world and, in particular, the terrible problem of poverty".



SOURCE: El País