Can economic policy help shape the world for the better? That’s the question that Michael Kremer and his collaborators set out to answer. And in 2019, Kremer, Esther Duflo and Abhijit Banerjee were awarded the Nobel Prize for Economics for their work, described as “an experimental approach to alleviating global poverty.” Kremer joins DW Business to discuss how economic theories can be applied in the real world to improve people’s lives today.

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