World bank conference
When we study economics, our time is focused on
understanding a lot of models, read about mathematician tools in our career and
study for our exams.
The opportunity to participate in a conference with a person who works on world bank or important organizations are really limited. It is in this way, that having the opportunities talk with Veena Siddharth is very relevant in our formation.
The conference start with the preferences of topics in the career, it is important because it demonstrates that economics have a lot of applications that can be important in different parts of the society. In this way, she mentions that some important desitions are in the hands of economists.
She outstands that language in economics are very important because we need to transfer our ideas. These ideas should be specific and using daily language. She talks about another important things for example she discusses about the limitations of resources in the world, moreover she talks about the need for incentives in the economy, the importance of the demand and supply on the markets.
She discusses the importance of education in our countries, she mentions, that James Heckman says that children who have education will have better jobs in their future.
At the end of the lecture, she explains the need to have performance in math and in science, it will be important to improve our society. She mentions the need to have a politician who sees the need to improve the countries and the conditions of life of the people. She closes her conference by inviting us to apply our knowledge in society, highlighting that we can be an engine of change, in addition to the need to be better than the economists of the past, taking the best of them and proposing innovative ideas.
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