trending Market Intelligence /marketintelligence/en/news-insights/trending/8UrxRpTkoQ2oZ_UQdK6kiw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Pioneers in poverty alleviation research win Nobel Prize in economics

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Pioneers in poverty alleviation research win Nobel Prize in economics

Abhijit Banerjee, Esther Duflo and Michael Kremer were awarded the Nobel Prize in economics this year for their "experimental approach to alleviating global poverty," the Royal Swedish Academy of Sciences said Oct. 14.

The Academy said the trio introduced a research methodology for determining the most efficient ways to fight poverty. Their approach involves breaking down issues into smaller, more manageable questions that can be answered through experiments.

"The Laureates' research findings – and those of the researchers following in their footsteps – have dramatically improved our ability to fight poverty in practice," the Academy said in a press release, noting that the trio's research approach has "transformed" development economics and now dominates the field.

In the 1990s, Kremer and his colleagues used field experiments to test interventions aimed at improving school results in western Kenya. Banerjee and Duflo later conducted similar studies of other issues, often in collaboration with Kremer.

Among the direct results of the trio's work are the preventive healthcare subsidies currently in place in several countries, according to the Academy, and remedial tutoring programs in schools in India that have benefited 5 million children.

Kremer is a professor of developing societies at Harvard University, while Banerjee is a professor of economics at the Massachusetts Institute of Technology. Duflo is a professor of poverty alleviation and development economics at MIT.

The annual Nobel Prize in economics is one of several awards announced Oct. 7-14 including prizes in physics, chemistry, literature and peace.