French economist Esther Duflo gets fitted with an earphone before a news conference in Oviedo, October 22, 2015. Duflo will be awarded the 2015 Princess of Asturias Award for Social Sciences at a ceremony on Friday in the Asturian capital. The awards are held annually since 1981 to reward scientific, technical, cultural, social and humanitarian work done by individuals, work teams and institutions. REUTERS/Eloy Alonso
STOCKHOLM (Reuters) - U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work fighting poverty that has helped millions of children by favouring practical steps over theory.
French-American Duflo becomes only the second woman to win the economics prize in its 50-year history, as well as the youngest at 46. She shared the award equally with Indian-born American Banerjee and Kremer, also of the United States.
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