After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019)
The article presents three Nobel Prize winners in economic sciences 2019 as well as the results of their researches. The paper highlights the primary goal of the laureates’ research aimed at improving the effectiveness of foreign aid to poor countries. Along with this, the author considered three ac...
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| Format: | Article |
| Language: | Russian |
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Government of the Russian Federation, Financial University
2020-11-01
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| Series: | Мир новой экономики |
| Subjects: | |
| Online Access: | https://wne.fa.ru/jour/article/view/279 |
| _version_ | 1797702355871858688 |
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| author | Yu. P. Voronov |
| author_facet | Yu. P. Voronov |
| author_sort | Yu. P. Voronov |
| collection | DOAJ |
| description | The article presents three Nobel Prize winners in economic sciences 2019 as well as the results of their researches. The paper highlights the primary goal of the laureates’ research aimed at improving the effectiveness of foreign aid to poor countries. Along with this, the author considered three achievements of the winners noted by the Nobel Committee: randomized field experiments, establishing new links between microeconomics and macroeconomics, the original method of research on the causes of poverty. The winners showed that financial assistance to poor countries should be accompanied, and possibly preceded, by pilot studies of the effectiveness of this assistance. The primary way to improve the efficiency of foreign aid laureates see in creating conditions for self-improvement of their situation by low-income families. And this, according to the laureates, can be achieved through solving the problems of health and education in countries receiving foreign aid. To verify that idea the laureates conducted experiments in Kenya, India, other countries in Africa, Asia, and Latin America. The author also provides evidence that foreign aid to poor countries is less than cash flows going in the opposite direction. |
| first_indexed | 2024-03-12T04:48:47Z |
| format | Article |
| id | doaj.art-55197fd1b6b7405abb71f5b4e0f4c957 |
| institution | Directory Open Access Journal |
| issn | 2220-6469 2220-7872 |
| language | Russian |
| last_indexed | 2024-03-12T04:48:47Z |
| publishDate | 2020-11-01 |
| publisher | Government of the Russian Federation, Financial University |
| record_format | Article |
| series | Мир новой экономики |
| spelling | doaj.art-55197fd1b6b7405abb71f5b4e0f4c9572023-09-03T09:26:32ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722020-11-01141778710.26794/2220-6469-2020-14-1-77-87269After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019)Yu. P. Voronov0Институт экономики и организации промышленного производства, Сибирское отделение Российской академии наукThe article presents three Nobel Prize winners in economic sciences 2019 as well as the results of their researches. The paper highlights the primary goal of the laureates’ research aimed at improving the effectiveness of foreign aid to poor countries. Along with this, the author considered three achievements of the winners noted by the Nobel Committee: randomized field experiments, establishing new links between microeconomics and macroeconomics, the original method of research on the causes of poverty. The winners showed that financial assistance to poor countries should be accompanied, and possibly preceded, by pilot studies of the effectiveness of this assistance. The primary way to improve the efficiency of foreign aid laureates see in creating conditions for self-improvement of their situation by low-income families. And this, according to the laureates, can be achieved through solving the problems of health and education in countries receiving foreign aid. To verify that idea the laureates conducted experiments in Kenya, India, other countries in Africa, Asia, and Latin America. The author also provides evidence that foreign aid to poor countries is less than cash flows going in the opposite direction.https://wne.fa.ru/jour/article/view/279нобелевская премия по экономическим наукамборьба с бедностьюнищетаэффективность иностранной помощирандомизированные экспериментывакцинацияденежные потокикенияиндия |
| spellingShingle | Yu. P. Voronov After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) Мир новой экономики нобелевская премия по экономическим наукам борьба с бедностью нищета эффективность иностранной помощи рандомизированные эксперименты вакцинация денежные потоки кения индия |
| title | After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) |
| title_full | After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) |
| title_fullStr | After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) |
| title_full_unstemmed | After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) |
| title_short | After Helping the Poor — Don’t Sleep Well (Nobel Prize in Economic Sciences 2019) |
| title_sort | after helping the poor don t sleep well nobel prize in economic sciences 2019 |
| topic | нобелевская премия по экономическим наукам борьба с бедностью нищета эффективность иностранной помощи рандомизированные эксперименты вакцинация денежные потоки кения индия |
| url | https://wne.fa.ru/jour/article/view/279 |
| work_keys_str_mv | AT yupvoronov afterhelpingthepoordontsleepwellnobelprizeineconomicsciences2019 |