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Abstract

The article presents scientific achievements of Alfred Nobel Memorial Prize Laureates in economic sciences in 2019: Esther Duflo, Abhijit Banerjee, and Michael Kremer. The paper describes their contribution to the research on the sources of poverty in the world and the ways of alleviating it, and their contribution to the development of experimental research in social sciences using randomized control trials (RCT). In this context, the authors explain the reasons for growing popularity of this approach in development economics and discuss its strengths and weaknesses.

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Authors and Affiliations

Dominik Buttler
Jan Szambelańczyk

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