'A core tenet of her work is that before you can truly help a community, you have to understand it first.'
On October 14, Esther Duflo became the second woman in history to win the Nobel Prize for Economics. Duflo won the award along with her husband, Abhijit Banerjee, and fellow economist Michael Kremer. The three of them earned the prize for their pioneering work in development economics.
The Nobel Prize website explains that their work looked at the issue of global poverty by “dividing this issue into smaller, more manageable, questions.” To do this, the team ran experiments looking at factors like health and education, using the knowledge they gained to improve the general understanding of global poverty.In an interview on the Nobel Prize YouTube channel, Duflo noted that a core tenet of her work is that before you can truly help a community, you have to understand it first.
The only other woman to win a Nobel Prize for Economics was Elinor Ostrom, who won the prize in 2009 for research that, according to her website, showed “ordinary people are capable of creating rules and institutions that allow for the sustainable and equitable management of shared resources.” Three years after receiving the prize, Ostrom passed away at 79. This means Duflo is the only living woman to receive the prize, and, at 46, she is the youngest winner ever, regardless of gender.
Duflo knows that these stats are a bit grim, and she hopes the field changes, starting with the overall tone of the profession. “We need to work on a culture that is more respectful and more acceptable for many women who think that they don’t want to play the games of shouting at each other,” she said. “We need to make progress in showing to younger people that economics is relevant for problems they care about.
#cf_4 .cf-btn:after { border-radius: 0px } .cf-content-wrap, .cf-form-wrap{ padding:5px; } div#cf_4 { margin-bottom: 20px; } .cf-content-text.cf-col { padding-left: 20px;padding-right:20px; } "2011 Annual Bank Conference on Development Economics "by Organisation for Economic Co-operation and Develop is licensed under CC BY-NC-ND 2.0Experts Explain How"Affinity Bias" Works Against Women At Work No Matter How Hard They TrySophie Hayssen is a blog and newsletter editor at BUST.
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