Nobel goes to economists fighting global poverty

Abhijit Banerjee, Esther Duflo and Michael Kremer honoured for "experimental approach"

Abhijit Banerjee and Esther Duflo. Duflo is the second woman and the youngest person ever to win the economics prize. Photo: Jim Davis/The Boston Globe via Getty Images

Three economists from the Massachusetts Institute of Technology and Harvard University were today awarded this year’s Nobel prize for their research into how to move people out ofpoverty.

MIT professors Abhijit Banerjee, a 58-year-old who was born in India, and his wife Esther Duflo, who was born in France in 1972, shared the prize with Harvard’s Michael Kremer “for their experimental approach to alleviating global poverty”.

“The research conducted by this year’s laureates ...