Transcription of UNDERSTANDING DEVELOPMENT AND POVERTY ALLEVIATION
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UNDERSTANDING DEVELOPMENT AND POVERTY ALLEVIATION
14 OCTOBER 2019 Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 UNDERSTANDING DEVELOPMENT AND POVERTY ALLEVIATIONThe Committee for the Prize in Economic Sciences in Memory of Alfred NobelTHE ROYAL SWEDISH ACADEMY OF SCIENCES, founded in 1739, is an independent organisation whose overall objective is to promote the sciences and strengthen their influence in society. The Academy takes special responsibility for the natural sciences and mathematics, but endeavours to promote the exchange of ideas between various 50005 (LILLA FRESCATIV GEN 4 A), SE-104 05 STOCKHOLM, SWEDEN TEL +46 8 673 95 00, Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 UNDERSTANDING DEVELOPMENT and POVERTY ALLEVIATION The Committee for the P
Finally, by designing new experimental research methods and by addressing the key challenge of generalizing results from a specific experiment — i.e., the issue of external validity — the Laureates firmly established this transformed approach to development economics. This laid a solid stepping stone for a new generation of
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