Friday, March 29, 2024
spot_img

Netizens want Nobel prize for China for poverty alleviation

Date:

Share post:

spot_img
spot_img

Beijing: This year’s Nobel Economics Prize to Indian-origin economist Abhijit Banerjee, his wife Esther Duflo from MIT and Harvard professor Michael Kremer “for their experimental approach to alleviating global poverty” has sparked off a debate in China that it deserves the coveted prize for lifting over 850 million people from extreme poverty.
The announcement of the winners of the Nobel prize in economics has set Chinese internet abuzz, with some Chinese netizens posting their support for China to receive the Nobel Economics Prize for lifting more than 850 million people out of extreme poverty and contributing to 70 per cent of worldwide poverty reduction, official media here reported. The #NobelEconomicsPrize was viewed more than 25 million times on China’s Twitter-like Sina Weibo platform akin to Twitter, state-run Global Times reported on Wednesday. Some users posted that the US trio’s experiment in tackling poverty could not compare with China’s efforts.
“China is best qualified to speak on poverty alleviation. The Chinese government and researchers have done more than just experiments,” one post said. Announcing the award for the trio, the Royal Swedish Academy of Sciences said the “research conducted by this year’s Laureates has considerably improved our ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research.”
They have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty, it said. (PTI)

spot_img
spot_img

Related articles

How long can such killings be allowed to continue?

Editor, The loss of two precious human lives in Ichamati on March 27, 2024 has once again exposed the...

Defectors’ paradise

Power is a heady potion. The natural instinct for many is also to be on the right side...

Imperial Christianity (Part II)

By Yona M. Nonglang Indeed, coming back to our own context, the passionate intensity of the "civilising" religionists succeeded...

Irrational passions; the politics of othering & unwarranted killings

By Patricia Mukhim In Meghalaya the mere use of the phrase, “jaitbynriew in danger from outsiders,” is enough to...