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Nobel Prize in Economics for research into poverty reduction

2019-10-14T10:16:21.247Z

Economists Abhijit Banerjee, Esther Duflo and Michael Kremer have won the Nobel Prize in Economics for their research into poverty alleviation. That was announced Monday in Stockholm by the Royal Swedish Academy of Sciences.



Economists Abhijit Banerjee, Esther Duflo and Michael Kremer have won the Nobel Prize in Economics for their research into poverty alleviation. That was announced Monday in Stockholm by the Royal Swedish Academy of Sciences.

The academy writes that the scientists have made significant contributions to the capacity to fight poverty. Duflo is only the second woman to win the prize.

The Nobel Prize in Economics was not invented by Alfred Nobel himself, but by the Swedish central bank.

Officially it is not about a real Nobel Prize, but about the Prize of the Swedish State Bank for Economic Sciences in memory of Alfred Nobel. Although it is not a 'real' Nobel Prize, the award is regarded as such.

Source: nunl

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