TY - JOUR
T1 - Nobel Rebels in Disguise
T2 - Assessing the Rise and Rule of the Randomistas
AU - Kvangraven, Ingrid Harvold
N1 - © 2020 Informa UK Limited, trading as Taylor & Francis Group. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.
PY - 2020/10/12
Y1 - 2020/10/12
N2 - Abhijit Banerjee, Esther Duflo and Michael Kremer were awarded the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their pioneering of randomized control trials (RCTs) to find reliable answers about the best ways to fight global poverty. This article unpacks the laureates’ theoretical and methodological approach to development economics in order to evaluate to what extent their approach signifies a break from broader trends in the field. In particular, it investigates the role RCTs have played in both generating knowledge about development interventions and in shaping development policy debates more broadly. Finally, the article argues that despite their rebellious and radical façade, the randomista enterprise has led to a more exclusive development economics, while at the same time failing to improve our ability to fight poverty.
AB - Abhijit Banerjee, Esther Duflo and Michael Kremer were awarded the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their pioneering of randomized control trials (RCTs) to find reliable answers about the best ways to fight global poverty. This article unpacks the laureates’ theoretical and methodological approach to development economics in order to evaluate to what extent their approach signifies a break from broader trends in the field. In particular, it investigates the role RCTs have played in both generating knowledge about development interventions and in shaping development policy debates more broadly. Finally, the article argues that despite their rebellious and radical façade, the randomista enterprise has led to a more exclusive development economics, while at the same time failing to improve our ability to fight poverty.
U2 - 10.1080/09538259.2020.1810886
DO - 10.1080/09538259.2020.1810886
M3 - Article
SN - 0953-8259
SP - 1
EP - 37
JO - Review of Political Economy
JF - Review of Political Economy
M1 - 1
ER -