Ever since US President Donald Trump came to power for the second time, his policies are being discussed all over the world. Leaders around the world have also given their reaction regarding his tariff policy. Now the citizens there are also troubled by the new policy. In fact, Indian-origin Nobel Prize winning economists Abhijit Banerjee and Esther Duflo may leave the US soon.
Nobel laureate will join this university of Switzerland
It is being said that Trump’s strict policies are behind his decision. Both of them have decided to make their new home in Switzerland. The Nobel laureate is now going to join Zurich University of Switzerland. The university issued a statement in this regard on Friday. However, the real reason for leaving America has not been revealed yet.
What did Zurich University say in its statement?
Zurich University said in its statement that Abhijit Banerjee and Esther Duflo are currently working at MIT. He will join the Economics Faculty of the University from July 2026. Regarding this, University Chief Michael Shapman said that we are happy to announce that two of the world’s most influential economists are coming to UZH.
Received Nobel Prize in 2019
Let us tell you that Duflo and Banerjee were awarded the Nobel Prize in Economics along with Michael Cramer in 2019. He was given this award for his idea to eradicate poverty globally. However, the situation is not clear yet as to why he has decided to leave America.
Some experts believe that brain drain may increase in America due to President Trump’s funding cuts and attacks on the academic freedom of universities. In the month of March, American-French citizen Esther Duflo expressed her concern over this in Le Monde.
Know about Abhijeet and Ester Duflo
Abhijit Banerjee is an economist of Indian origin. He received his education both in India and America. PhD from Harvard University. After graduation, he taught economics at MIT. His research mainly focuses on poverty reduction policies.
Esther Duflo is a French economist, who has been interested in the areas of poverty, education and health since childhood. He studied in Paris and later obtained a degree in economics from MIT. Together they used Randomized Controlled Trials to understand which schemes are most effective in reducing poverty. For this contribution he was awarded the Nobel Prize in 2019.
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