Write a biography (within 100 words) of Abhijit Banerjee using the following points : 10
[Points : Name - Abhijit Vinayak Banerjee; Date of birth - February 21, 1961; Field - Development
economics and Social economics; Contributions - Abdul Latif Jameel Poverty Action Lab; Innovations
for Poverty Action; Awards - Guggenheim Fellowship for Social Sciences, US & Cananda (2000),
Financial Times and McKinsey Business Book of the Year Award (2011), and Nobel Memorial Prize in
Economic Sciences (2019).]
Answers
Answer:
Abhijit Banerjee, in full Abhijit Vinayak Banerjee, (born February 21, 1961, Mumbai, India), Indian-born American economist who, with Esther Duflo and Michael Kremer, was awarded the 2019 Nobel Prize for Economics (the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for helping to develop an innovative experimental approach to alleviating global poverty. Banerjee, Duflo, and Kremer, often working with each other, focused on relatively small and specific problems that contributed to poverty and identified the best solutions through carefully designed field experiments, which they conducted in several low- and middle-income countries over the course of more than two decades. They also explored methods for generalizing the results of particular experiments to larger populations, different geographic regions, and different implementing authorities (e.g., nongovernmental organizations [NGOs] and local or national governments), among other variables. Their fieldwork led to successful public policy recommendations and transformed the field of development economics (see economic development), where their approach and methods became standard.
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