Summary The name of the winner or winners will be revealed at 11:45 am (0945 GMT).
STOCKHOLM (AFP) – Indian-born Abhijit Banerjee of the US, French-American Esther Duflo and Michael Kremer of the US on Monday won the Nobel Economics Prize for their work on poverty, the Royal Swedish Academy of Sciences said.
The trio was honoured "for their experimental approach to alleviating global poverty," the jury said.
Unlike the other Nobels awarded since 1901, the Economics Prize is the only one not created by the prizes’ founder, philanthropist and dynamite inventor Alfred Nobel, in his 1895 will. It was devised in 1968 to mark the 300th anniversary of Sweden’s Central Bank, and first awarded in 1969.
The Economics Prize wraps up a Nobel season that stands out for its crowning of two literature laureates, Polish writer Olga Tokarczuk for 2018 – delayed by a year due to a sexual harassment scandal – and Austrian novelist Peter Handke for 2019, whose selection sparked controversy because of his pro-Serb support during the Balkan wars.
Prior to that, the laureates in the fields of medicine, physics and chemistry were announced.
On Friday, Ethiopian Prime Minister Abiy Ahmed won the Peace Prize for his efforts to resolve the long-running conflict with neighbouring foe Eritrea.
