The Royal Swedish Academy of Sciences has announced that this year’s Nobel Prize for Economic Sciences is being awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer. These three researchers are being recognized for their groundbreaking experimental approach to alleviate global poverty. They have been pioneers in bringing an evidence-based approach to development aid by conducting randomized controlled trials to investigate the effectiveness of educational or child health interventions. According to Duflo, their goal is “to make sure that the fight against global poverty is based on scientific evidence”. CEBaP is proud to build further on their groundbreaking work and wishes to congratulate the laureates.
(Credits photo: Ill. Niklas Elmehed. © Nobel Media)