Season 3, Episode 2: Susan Erikson on Investable! When Pandemic Risk Meets Speculative Finance, A Cautionary Tale

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In this episode, Joseph Harris sits down with anthropologist Susan Erikson. They talk about her extraordinary new book, Investable: When Pandemic Risk Meets Speculative Finance, A Cautionary Tale. The book examines the World Bank's novel efforts - under former World Bank President Jim Yong Kim - to mobilize private finance to support pandemic response in the world's poorest nations. While the Bank succeeded in rolling out pandemic bonds, Erikson shows that pandemic bonds did not fulfill their potential. Who did the bonds serve? What was their impact? And how did they become a new tool for pandemic response efforts in the first place? They delve into these issues and more in this enjoyable and illuminating conversation.