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At CGD, we believe that the thoughtful application of economic theory and evidence can help build a better world. This conviction is clearly shared by Dr. Jean Tirole, Nobel laureate in economics and chairman of the Toulouse School of Economics (TSE).
In his most recent book, Economics for the Common Good, Tirole offers a compelling and persuasive case for how economic insights can empower governments, companies, and citizens to tackle modern society’s most pressing challenges, from climate change and financial crises to macroeconomic stability and digital transformation.
Recently, I and other CGD colleagues had the privilege of hearing Tirole’s sharp insights firsthand as he turned his attention to one of our current preoccupations: procurement of global health commodities.
If you’re a regular reader of this blog, you’ll know that we’re currently in the midst of a Working Group on the Future of Global Health Procurement; you can see more details here.
On April 26 and 27, CGD had the great pleasure of cohosting a technical workshop with TSE, held in Toulouse, France, to consider how lessons from specific subfields of economics—including industrial organization, auction design, public economics, and the theory of regulation—can inform procurement of global health commodities in low- and middle-income countries.
I’m pleased here to share Tirole’s keynote talk, applying lessons from modern economics to the challenge of global health procurement. And if this peaks your interest, watch this space—we’ll be sharing more materials and insights from the workshop in the coming months.