The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Economics 2019. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 was awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”
Indian-born Abhijit Banerjee is an American citizen while Esther Duflo is French-American. Michael Kremer is also from the US. Abhijit Banerjee, 58, was born in India and has a PhD from Harvard University. He is a Professor of Economics at Massachusetts Institute of Technology in the US.