00:00Dear Professors Banerjee, Duvlo and Cramer,
00:06You have introduced a way of conducting research that helps us better to understand the root
00:10causes of poverty, as well as to find effective ways of alleviating it.
00:17The experimental approach you pioneered has transformed research in development economics.
00:23The research that follows this approach has already influenced policy, and it keeps improving
00:29our ability to help those in most need.
00:33It's an honor and a privilege to convey to you, on behalf of the Royal Swedish Academy
00:38of Sciences, our warmest congratulations.
00:42May I now ask you to receive your prizes from His Majesty the King.
00:50Professor Abhijit Banerjee was born in Mumbai in India and lives in Boston, where he works
00:56as a professor at the Massachusetts Institute of Technology in the United States.
01:10And he is the husband of one of the other economics laureates.
01:23Esther Duvlo, born in 1972 in Paris, France, also works at the Massachusetts Institute
01:29of Technology in Boston, actually just two doors away from Abhijit Banerjee at the Economics
01:37Department.
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