Richard D’Aveni
Hypercompetition Pioneer | Bakala Professor of Strategy Emeritus, Tuck School of Business | Thinkers50 Hall of Fame | Bestselling Author & Strategy Expert
Michael Kremer
2019 Nobel Laureate in Economic Sciences | Chief Economist, World Bank Group | University Professor, University of Chicago | Director, Development Innovation Lab
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Michael Kremer sits where research meets real decisions. As World Bank Chief Economist and a 2019 Nobel laureate, he gives senior leaders a rare view of how evidence, incentives, and market design shape growth, health, and climate resilience. His ideas, from randomized trials to Advance Market Commitments, have moved vaccines and AI forecasts to millions. On stage, he offers a clear framework for testing ideas, backing what works, and scaling it.
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Michael Kremer biography
Michael Kremer is a 2019 Nobel Laureate in Economic Sciences, Chief Economist and Senior Vice President for Development Economics at the World Bank Group, and University Professor at the University of Chicago, where he directs the Development Innovation Lab. Few economists have done as much to change how governments, donors, and investors decide what works. Speaker Michael Kremer brings that record to audiences who must make high-stakes choices under uncertainty.
Among the most influential Nobel Prize speakers in economics, Kremer shared the prize with Abhijit Banerjee and Esther Duflo for their experimental approach to alleviating global poverty. His early field studies of schools and deworming in western Kenya helped bring randomized controlled trials, long standard in medicine, into the heart of development economics. That shift moved policy debates away from ideology and toward measurable results, and it now informs how governments and foundations allocate development funding.
From Research to Results at Scale
Kremer is unusual among academics for building the institutions that put evidence to work. With Rachel Glennerster he wrote Strong Medicine, which proposed Advance Market Commitments: binding pledges to buy a product that does not yet exist if it meets set standards. The first commitment helped bring pneumococcal vaccines to some 60 countries and is credited with saving an estimated 700,000 lives. He helped launch Deworm the World, co-founded Precision Development, which delivers digital advice to smallholder farmers, and co-led the creation of USAID’s Development Innovation Ventures. He now chairs the independent DIV Fund and is a founding co-director of the Market Shaping Accelerator.
His current work extends to artificial intelligence and climate adaptation. Through the Development Innovation Lab and Precision Development, he helped support India’s Ministry of Agriculture in sending AI-based monsoon forecasts to 38 million farmers, the largest targeted deployment of its kind. He also chairs the Innovation Commission for Climate Change, Food Security and Agriculture. A MacArthur Fellow and member of the National Academy of Sciences, he previously taught at Harvard.
As a speaker, Michael Kremer combines the rigor of a scientist with the practical judgment of someone who has built programs reaching hundreds of millions of people. He shows leaders in government, finance, healthcare, technology, and philanthropy how to test ideas before scaling them, how to design incentives that pull innovation toward neglected problems, and how to separate what sounds promising from what measurably works.
Michael Kremer Speaking Videos
Innovation, Experimentation, and Economics: Keynote Address by UChicago's Michael Kremer
Nobel Lecture: Michael Kremer, Prize in Economic Sciences 2019
Michael Kremer Speaking Topics
Most organizations launch programs on conviction and judge them on anecdote. Kremer explains how randomized controlled trials, which he helped introduce to development economics through early school and health studies in Kenya, changed the way the world decides which interventions deserve funding. Drawing on his Nobel work and decades in the field, he shows how the same habit of testing before scaling can sharpen strategy in any sector, from public policy and philanthropy to product design, and why disciplined experimentation is a competitive advantage rather than an academic luxury.
Many critical problems in health, climate, and food security remain unsolved because the incentives to solve them are missing, not because the science is out of reach. Kremer walks through the thinking behind Advance Market Commitments, the mechanism he proposed with Rachel Glennerster that guaranteed demand for pneumococcal vaccines before they reached low-income markets. He then shows how market-shaping tools are being applied to carbon removal, agricultural technology, and pandemic preparedness. Essential for leaders in finance, pharma, energy, and government who want to steer capital toward breakthroughs that markets alone underprovide.
A promising pilot is only the beginning. Kremer draws on his experience building Deworm the World, Precision Development, and Development Innovation Ventures, and on recent work delivering AI-based weather forecasts to tens of millions of Indian farmers, to show what it takes to move from evidence to impact at national and global scale. He covers the financing, partnerships, and political conditions that allow proven interventions to grow, and offers lessons any large organization can use to expand what works while cutting what does not.
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FAQs on Booking Michael Kremer
Michael Kremer brings a combination few speakers can match: a Nobel Prize for changing how the world tests anti-poverty programs, a record of building institutions that turned research into vaccines, deworming programs, and digital services for millions of farmers, and a senior policy role as Chief Economist of the World Bank Group. His talks give executives and policymakers a practical discipline for deciding where to invest, how to measure results, and when to scale. Contact Aurum Speakers Bureau to check his availability for your keynote, leadership forum, or policy summit.
Kremer shared the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Abhijit Banerjee and Esther Duflo for their experimental approach to alleviating global poverty. The three economists showed how randomized controlled trials, field experiments that compare similar groups with and without an intervention, can isolate cause and effect in real conditions. Kremer's early studies of education and deworming in Kenya were among the first to apply the method in development economics, and the approach is now standard across the field.
An Advance Market Commitment is a pledge by donors to buy a product at a viable price once it meets predefined standards. By guaranteeing demand before the product exists, it gives companies a reason to invest in markets they would otherwise ignore. Kremer developed the idea with Rachel Glennerster in the book Strong Medicine. The first commitment, backed by $1.5 billion from several governments and the Gates Foundation, accelerated pneumococcal vaccines for low-income countries and is credited with saving an estimated 700,000 lives. The model is now being applied to areas such as carbon removal.
Kremer serves as Chief Economist and Senior Vice President for Development Economics at the World Bank Group, leading its research and economic analysis while remaining University Professor at the University of Chicago. He is the first economist to take the post after already winning a Nobel Prize. For organizations that want a direct view of how global development, growth, and innovation priorities are being set, Aurum Speakers Bureau can help arrange a keynote, fireside chat, or executive briefing, subject to his schedule and institutional commitments.
Aurum Speakers Bureau can help you book Michael Kremer as a speaker for your next event, conference, or board meeting. Simply fill out our contact form to inquire about Michael Kremer's availability for a speaking engagement. One of our booking agents will respond to your request immediately and contact the speaker to let them know you want to hire them. We will assist you with obtaining speaking fees, booking information, and confirming availability for Michael Kremer or any other top keynote speaker or celebrity of your choice.
Michael Kremer speaking fees are determined by several factors, including the event's date, whether it's a virtual or in-person event, the duration, format, preparation required for their speech, and more. The same applies to the cost to hire any other top expert speakers and celebrities. The Speaker Fee Range listed on our website is simply a guideline and is subject to change without notice. If you would like to hire Michael Kremer to deliver a keynote speech for your event, please fill out the contact form or email us at info@aurumbureau.com with as much detail as possible. One of our experienced agents will get in touch with you and let you know exactly how much it will cost to book Michael Kremer.
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Yes, Michael Kremer is available for virtual keynotes and webinars. To book Michael Kremer for a virtual event, please complete the contact form or send us an email to inquire about the special fees for virtual engagements.
