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April 2025

Dear Colleague,

The economics of talent, an emerging field, highlights that smart policies helping people realize their potential can change the game for entire societies.

Talent is one of the world’s most valuable resources, driving innovation and growth. Countries that develop the brightest minds gain a competitive edge. The next transformative idea—a cure for a disease, a revolutionary technology—could come from anywhere. But only if the right minds are given an opportunity to reach their full potential. The March issue of F&D explores the economics of talent.

Below are a few highlights, and you can click here to read and subscribe — Finance and Development is distributed free of charge.

The Talent Equation | The opening article explains that the emerging “economics of talent” field aims to identify and nurture exceptional problem-solvers at an early stage. The goal is to provide a road map for spurring innovation and unlocking progress on the world’s toughest challenges, from climate change to public health. | Ruchir Agarwal and Patrick Gaule

A Place for Human Talent in the AI Age | AI is redefining what it means for humans to excel as Artificial intelligence will limit some human roles but could make others more accessible. In this article, she explains that the challenge for policymakers is to create the conditions that will allow AI to enhance human potential. | Marina Tavares

The Right to Dream | An interview with Brazil’s rising political star, Tabata Amaral, who won her first medal in the public-school mathematical Olympiad at age 11 and went on to study astrophysics at Harvard. After rising from poverty to parliament, Amaral wants future prodigies to succeed because of policies rather than luck. | Andreas Adriano

Innovation’s Unseen Frontier | Counting the cost to society of “Lost Einsteins” and “Lost Marie Curies.” Learn how democratizing innovation can harness untapped talent and spur economic growth. | Xavier Jaravel
Published quarterly, F&D provides cutting-edge research and analysis of key economic, finance, and development issues, such as climate change, globalization, and digital currencies. You can find op-eds, interviews with leading figures in economics, book reviews, and online-exclusive content.

Previous issues have explored the complex housing-market dynamic, artificial intelligence, rethinking economics, and “An IMF for Tomorrow.” Browse the issues archive here .
Finance & Development is always free and available in six languages online.
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