Abhijit Banerjee Receives Nobel Prize in Economic Sciences

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Abhijit Banerjee Receives Nobel Prize in Economic Sciences

12 Dec 2019
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Abhijit Banerjee, Esther Duflo and Michael Kremer received their medals and diplomas at the NobelPrize award ceremony today

Watch the Video here

https://twitter.com/NobelPrize/status/1204452737720692737

The Royal Swedish Academy of Sciences had awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 to 

Abhijit Banerjee
Massachusetts Institute of Technology, Cambridge, USA

Esther Duflo
Massachusetts Institute of Technology, Cambridge, USA

Michael Kremer
Harvard University, Cambridge, USA

They were awarded this for considerably improved the 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.

You can access some of Abhijit Banerjee's research papers by clicking here 

Abhijit becomes the second Indian to win an economics Nobel Prize after Amartya Sen. Important to note that while he was born and brought up in India, he is not an Indian Citizen. 

Just 5 Indian Citizens ever won a Noble Prize - Tagore, Raman, Teresa, Sen and Satyarthi

Indian who won with foreign citizenship include Khorana, Chandrasekhar and Ramakrishnan (all 3 of them science Nobels)

Post Raman, no Indian has won a Nobel Prize for science living in India. It can be argued that many Indians missed out on a Nobel Prize owing to the inefficiencies and Politics around Nobel Prizes.

That said, any International recognition for an Indian while not necessary is most welcome.

 

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