2019 Nobel Laureate visited Bogotá and learned about the District's key projects

Nobel Laureate Michael Kremer and Bogota's Mayor, Claudia LopezPhoto: Mayor's Office of Bogota
Nobel Laureate in Economics, Michael Kremer, met with Mayor Claudia López and shared perspectives on applied economics for development.
Publicado:
12
Sep
2022
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The renowned economics professor and winner of the 2019 Nobel Prize in Economics, Michael Kremer, visited the Mayor's Office of Bogotá and spoke with the Mayor Claudia López, on issues such as education, development, and economy in the city.

Below is a tweet in which the mayor, Claudia López, refers to her meeting with Michael Kremer and mentions some points of their talk:

 

 

Kremer has been recognized internationally for his contributions on economic development, aimed at actively combating global poverty through effective public policies and their implementation in communities. This work led him to receive the 2019 Nobel Prize in Economics alongside Abhijit Banerjee and Esther Duflo.

In a meeting attended by representatives of the Women's Secretariat; the District Agency for Higher Education, Science, and Technology (Atenea); and various sectors of the District, the economist was able to learn about the main projects being promoted in the areas of education, social integration, and sustainable development.

The first project to be presented was the District Care System, through which the Colombian capital is recognizing the work of women engaged in unpaid care work, providing them with opportunities for respite, and access to training, work, and entrepreneurship opportunities.

"Supporting women in this way not only responds to a labor as ignored as caregiving, but it also has an economic component as it allows them to have more opportunities and generate income," said Mayor López.

In the area of Education, 'Jóvenes a la U.' was presented. This program seeks to increase the entry of the youth population to higher education, while preparing them to give back to the community. It will reach 76,000 beneficiary students in 2024.

Regarding this program, the Mayor said that one of the strategies to end poverty is "intergenerational" investment, that is, the efforts of these young people will not only be reflected when they finish their higher education but will also serve as a fundamental base for future generations.

"There is still a lot to explore, but I think there are several opportunities that are opening up with the actions that are being taken. I know this is hard work, but I hope later on to hear more about [the District] being able to offer more and new services from strategies such as the care system," Kremer said.