The Nobel Prize for Economic Sciences has been awarded to Indian-origin economist Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty".
According to the Nobel Committee, "The research conducted by the 2019 Economic Sciences Laureates has considerably improved our 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."
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