Nobel Prize in economics 2019 announced

by VTV415 October 2019 Last updated at 10:34 AM

(Photo: CNBC.com)

VTV.vn - This year's Nobel Prize in Economics has been awarded to American economist Michael Kremer, French economist Esther Duflo, and Indian economist Abhijit Banerjee (A-bi-jit Ban-nơ-ji) for their work into the causes of poverty.

All three were recognized for their "experiment-based approach" to tackling global poverty, and for using randomized control trials to discover which educational outcomes or child health initiatives actually work.

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