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Abhijit Vinayak Banerjee is an Indian-born American economist, currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology (MIT). He is renowned for his work in development economics, focusing on alleviating global poverty. Banerjee, along with Esther Duflo and Michael Kremer, was awarded the 2019 Nobel Memorial Prize in Economic Sciences for their experimental approach to poverty reduction. He co-founded the Abdul Latif Jameel Poverty Action Lab (J-PAL) in 2003, a global research center that uses randomized controlled trials (RCTs) to test and improve the effectiveness of anti-poverty programs. His research has significantly influenced public policy and the way development interventions are designed and implemented worldwide, covering areas such as education, health, microfinance, and governance in developing countries. He is also a celebrated author, known for books like 'Poor Economics' and 'Good Economics for Hard Times,' co-authored with Esther Duflo.
Abhijit Banerjee's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Awarded in 2019, jointly with Esther Duflo and Michael Kremer, 'for their experimental approach to alleviating global poverty.' This recognized their innovative use of randomized controlled trials (RCTs) to test the effectiveness of various anti-poverty interventions.
Co-founded J-PAL at MIT in 2003. J-PAL is a network of over 200 affiliated professors from universities across the world who conduct randomized evaluations to test and improve the effectiveness of programs and policies aimed at reducing poverty.
Co-authored with Esther Duflo, this influential book (published in 2011) draws on numerous RCTs to challenge common assumptions about poverty and propose evidence-based solutions. It won the Financial Times and Goldman Sachs Business Book of the Year Award.
Another collaboration with Esther Duflo (published in 2019), this book addresses contemporary economic challenges such as immigration, inequality, globalization, and climate change, advocating for evidence-based, humane policies.
Awarded in 2009 for his outstanding contributions to economic theory and development economics, particularly for his pioneering work in the empirical evaluation of public policy.
Recognized for his significant contributions to the field of economics and social sciences through these prestigious fellowships.
Calcutta University, Kolkata - Year 1990
ITM Group of Institutions
ITM Group of Institutions
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