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Planet Money

The town that changed economics

Jun 9, 2023
24:43

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Podcast summary created with Snipd AI

Quick takeaways

  • Randomized trials in Busia, Kenya revolutionized development economics by optimizing aid strategies.
  • The groundbreaking study debunked assumptions about aid effectiveness, leading to a focus on remedial education.

Deep dives

Development Economics Revolution in Bussia, Kenya

In Bussia, Kenya, economist Michael Cramer initiated a groundbreaking study involving giving textbooks to school children. Surprisingly, the study results showed no significant difference in average test scores, challenging preconceived notions. This led to a shift in education reform towards emphasizing remedial education for struggling students.

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