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Nobel winner for economics hopes to inspire other women

by ace
Nobel winner for economics hopes to inspire other women

One of the winners of this year's Nobel Prize in Economics says she hopes her achievement will inspire other women to address the issue.

Esther Duflo is only the second woman to win the award – the first was Elinor Ostrom in 2009 – from the beginning in 1969. The 46-year-old is also the youngest person to win the prestigious award.

Duflo won the award along with her husband Abhijit Banerjee and Michael Kremer for their "experimental approach to alleviating global poverty".

Duflow, who is Franco-American, said: "Showing that it is possible for a woman to succeed and be recognized for success, I hope it inspires many, many other women to continue working and many other men to respect them. every human being ".

Sweden's Royal Academy of Sciences said the three economists had created new ways to fight poverty by focusing on smaller, more manageable issues such as education and health.

Harvard University's Kremer demonstrated the effectiveness of this approach in the mid-1990s when he did field work in Kenya, the academy said.

Banerjee and Duflo of the Massachusetts Institute of Technology worked in India, where they created the Poverty Action Laboratory, which reorganized public school systems by level of learning rather than age or grade.

The academy said its work resulted in five million children receiving tutoring in schools.

The big screen ad from the winners

"This is huge for us," said Shobhini Mukerji, executive director of the South Asia branch of the Poverty Action Laboratory in New Delhi. "India is where the seeds were planted for research."

Banerjee's mother, Nirmala Banerjee, also an economist, told NDTV in India that the prize was unexpected.

She said, "He has been trying to push economics away from the theoretical, but using theory to understand the world as it is."

"The way it works, the poverty, the way people deal with poverty."

Banerjee this year advised India's opposition party, Congress, before the May national elections, to offer financial aid to the poor.

He also criticized Prime Minister Narendra Modi's government for alleged political interference with statistical data and for a program to get money out of the economy.


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