Rachel Glennerster

Rachel Glennerster, an associate professor of economics and president at the Center for Global Development, dives into the concept of market shaping. She discusses how misaligned incentives can hinder innovations in pandemic preparedness and climate change. Glennerster highlights advanced market commitments as a potential solution to drive innovation in public health. The conversation also touches on the urgent need for restructuring funding mechanisms to ensure access to vaccines for low-income populations, emphasizing the role of government in facilitating these changes.

Rachel Glennerster discusses using 'market shaping' to address global challenges like climate change and pandemics, highlighting pull mechanisms for universal COVID vaccines and incentivizing drug repurposing. She also explores systemic reforms in education versus specific interventions.