Economists Abhijit Banerjee, Esther Duflo and Michael Kremer win the 2019 Nobel Economics Prize for creating an experimental approach to alleviating global poverty. More here:
STOCKHOLM - U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work in fighting global poverty that has helped millions of children by favouring practical steps over theory.
It said the results of their studies and field experiments had ranged from helping millions of Indian schoolchildren with remedial tutoring to encouraging governments around the world to increase funding for preventative medicine. Another study gathered evidence on how an often overlooked measure such as deworming children could help their education. Yet another found that making the renewal of teacher contracts dependent on pupil grades produced better scores, while reducing the pupil-teacher ratio had little impact.
The portraits of Abhijit Banerjee, Esther Duflo, and Michael Kreme, who have been announced the Nobel Prize in Economic Sciences 2019 winners, are seen at a news conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, October 14, 2019. Karin Wesslen/TT News Agency/via REUTERS Duflo remarked that it came at an “extremely important and opportune time” for women in a sector that has traditionally been very male-dominated.
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Poverty-tackling trio win Nobel economics prizeU.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer win the 2019 Nobel Economics Prize for their work in fighting poverty. More here:
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