A computer screen displays the co-winners of the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (L-R) Abhijit Banerjee, Esther Duflo and Michael Kremer during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 14, 2019. Photo: AFP/ Jonathan NACKSTRAND
Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for their work in fighting global poverty.
Abhijit Vinayak Banerjee (born 1961) is an Indian-born American economist. He is the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. He along with wife Esther Duflo are the sixth married couple to jointly win a Nobel Prize.
Abhijit Banerjee has been working for a long time in revolution, we may say, without hesitation. Because, when we look at his early life, we see he even went to jail for standing up in the right cause. Now, it is a pride for Bengalis to see him at his zenith and soon, his methodology may be followed pretty soon for developing the global economic situation.
Born in Mumbai, Abhijit passed his school life in South Point High School. He completed his BSc. From University of Calcutta in Presidency College. His M.A. Was from Jawharlal Nehru University, Delhi in 1983.
Abhijit completed his PhD in economics from Harvard University in 1988. The subject of his doctoral thesis was “Essays in Information Economics.”
In 2015, Abhijit and MIT professor Esther Duflo married each other and they have a child.
Abhijit founded the Abdul Latif Jameel Poverty Action Lab (J-PAL) in 2003. J-PAL is a global research centre based in Massachusetts.
He also served on the UN Secretary-General’s high-level panel of eminent persons on the post-2015 development agenda.
“What the Economy Needs Now” (2019), “Poor Economics” (2011) are two books of many he has written.