News and Announcements
The Association for Public Policy Analysis and Management (APPAM) has selected Esther Duflo, Massachusetts Institute of Technology professor, as the winner of the 2011 David N. Kershaw Award. The Kershaw Award and Prize comes with an honorarium of $10,000 and recognizes individuals under the age of 40 who have made distinguished contributions to the field of public policy analysis.
Paul Decker, chair of the Kershaw Award Selection Committee notes, “Esther Duflo is revolutionizing the study of international poverty interventions by gathering real data to show, with certainty, which interventions work. She’s an economist using her research to change the world. She joins the small but distinct group of past Kershaw Award winners that are having a profound influence on the field of public policy.”
Economist Abhijit Vinayak Banerjee was in Calcutta recently. The Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology gave a talk on his book Poor Economics — co-authored with fellow MIT professor Esther Duflo — at a programme in Bengal Club in association with The Telegraph. Before the talk, the economist spoke to Devadeep Purohit about the book and some of the contemporary economic issues.
Aishwarya Ratan, Director of the Microsavings & Payments Innovation Initiative at IPA and Yale, has been named one of 35 Innovators under 35 by MIT Technology Review. Before coming to New Haven, Aishwarya developed a technology for converting paper records into digital in realtime for microcredit co-ops, whilst working at Microsoft Research India.
Africa’s MFI performance, despite low population density and high operating costs, is competitive and it leads the world in savings mobilisations, according to the African Development Bank.
Yet access to formal finance is still low, says Beniamino Savonitto, project director at Innovations for Poverty Action, an NGO. The excluded seek financial supports from family, friends or curb markets.
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