Current Affairs - Awards and Honours - Discussion

Michael Kremer has been appointed as the World Bank Group Chief Economist and Senior Vice President for Development Economics. He is a Nobel Prize-winning economist known for applying economic research and experimentation to development challenges. In 2019, Kremer shared the Nobel Prize in Economic Sciences with Abhijit Banerjee and Esther Duflo for their experimental approach to alleviating global poverty. His research covers education, healthcare, agriculture, innovation, technology and economic growth. He has also contributed to initiatives such as Advance Market Commitments for vaccines and digital technologies aimed at improving the productivity and incomes of smallholder farmers.