Indian-American economist Abhijit Banerjee has won the 2019 Nobel Prize in Economics, along with Esther Duflo of the Massachusetts Institute of Technology and Michael Kremer of Harvard University “for their experimental approach to alleviating global poverty.”
The three were recognised for their ability to divide the issue of tackling global poverty into smaller subjects, said the committee.
“The research conducted by this year’s laureates has considerably improved our ability to fight global poverty,” The Royal Swedish Academy of Sciences said.
Early life of Abhijit Banerjee
Abhijit Banerjee was born in Parbhani, 1961, to a family of academics. He attended the Presidency College, Kolkata in economics in 1981. Later, the 58-year-old economist later got his PhD in 1988 from Harvard University. His early education life included study at the University of Calcutta and Delhi's Jawaharlal Nehru University.
Here's a Abhijit Banerjee career timeline
* Abhijit was a joint supervisor of Esther's PhD in economics at MIT in 1999.
* He was elected a fellow of the American Academy of Arts and Sciences in 2004.
* He is also the author "What the Economy Needs now" (2019), "Poor economics" (2011) and "Making aid work" (2007)
* He received the Infosys Prize 2009 in the social sciences category of economics.
* In 2014, Banerjee received the Bernhard-Harms-Prize from the Kiel Institute for the World Economy.
* He delivered the Export-Import Bank Of India's 34th Commencement Day Annual Lecture on Redesigning Social Policy.