Esther Duflo: The Youngest Nobel Prize Winner in Economics

Today we will discuss the most prominent financial and banking figures in Egypt and the world in modern history. We will briefly talk about their journey and their notable achievements. One of these figures is Esther Duflo, who was awarded the Nobel Prize in Economics in 2019 for her efforts in combating poverty, in collaboration with her husband Abhijit Banerjee and Michael Kremer.

Esther Duflo was born on October 25, 1972, in Paris. She obtained her degree in history and economics from École Normale Supérieure in 1994 and earned a master's degree from the University of Paris-Dauphine, which has now become  Paris School of Economics, in conjunction with the School for Advanced Studies in the Social Sciences and the School for Advanced Studies in the Sciences in 1995.

Duflo later received her Ph.D. in Economics from Massachusetts Institute of Technology (MIT) in 1999.

Esther Duflo is a co-founder and managing director of  Abdul Latif Jameel Poverty Action Lab. She is also a professor of poverty alleviation and development economics at MIT.

One of Esther Duflo's most important works is the book "Poor Economics", which she co-authored with her husband Abhijit Banerjee, who is also a professor at the Abdul Latif Jameel Poverty Action Lab.

This book gained widespread recognition and has been translated into more than 17 languages. It received the Financial Times and Goldman Sachs Business Book of the Year Award in 2011.

Duflo's research focuses on issues of microeconomics in developing countries, including family behavior, education, access to finance, health, and policy evaluation.