Indian-origin American citizen Abhijit Banerjee has been awarded the Nobel Economics Prize for his experimental approach to alleviating global poverty, the Royal Swedish Academy of Sciences said.
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He has been named along with French-American Esther Duflo and Michael Kremer for their work.
Banerjee is the Ford Foundation International Professor of Economics at MIT. A graduate from the University of Calcutta and post-graduate from Jawaharlal Nehru University. He had completed his Ph.D. from Harvard University in 1988.
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