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Jakarta Post

Commentary: Nobel Prize: SD Inpres, poverty research, women in economics

  • Esther Samboh

    Journalist at The Jakarta Post

  /   Fri, October 18 2019   /  12:33 am

The name Esther Duflo rose to fame all of a sudden this week as the youngest woman and the second to be a recipient of the esteemed Nobel Prize in Economics. The French-American economist received the prize along with Massachusetts Institute of Technology professor Abjhijit Banerjee — her husband — and Harvard development economist Michael Kremer “for their experimental approach to alleviating global poverty”.The world applauds the trio’s prize after decades of the Nobel Prize in Economics being dominated by contributions in macroeconomics, markets and economic theories, among other things, while development and poverty have gained little traction. The latest award is timely since the trade war-driven global economic slowdown has resulted in job losses and more people inching closer to and crossing the poverty line around the world.But the echoes of the Nobel Prize winners espe...