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NOBEL PRIZE
- The 2019 Nobel Prize for economics goes to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty”, the Royal Swedish Academy of Sciences announced on Monday.
- The research conducted by the 2019 Economic Sciences Laureates has considerably improved our ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research.
LIFE
- Banerjee was born in Dhule, India, to Nirmala Banerjee, a professor of economics at the Centre for Studies in Social Sciences, Calcutta, and Dipak Banerjee, a professor and the head of the Department of Economics at Presidency College, Calcutta.
- He attended South Point School and Presidency College, Calcutta, where he completed his B.S. degree in economics in 1981. Later, he completed his M.A. in economics at the Jawaharlal Nehru University, Delhi in 1983.
- Later, he went on to obtain a Ph.D. in Economics at Harvard University in 1988. The subject of his doctoral thesis was “Essays in Information Economics.”
ECONOMICS
- He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. In 2003 he founded the Abdul Latif Jameel Poverty Action Lab (J-PAL).
- He is the author of a large number of articles and four books, including Poor Economics (www.pooreconomics.com), which won the Goldman Sachs Business Book of the Year.
- He is the editor of three more books and has directed two documentary films. He also served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda.
- In 2011, he was named one of Foreign Policy magazine’s top 100 global thinkers. His areas of research are development economics and economic theory.
- He finished his first documentary film, “The Name of the Disease” in 2006.
POOR ECONOMICS
- VISION
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