Sunday, October 1, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News World News

Nobel season wraps up with prize in economics

AFPbyAFP
October 14, 2019, 6:25 pm
in World News
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

Stockholm”•This year’s Nobel season has only honored one woman”•Polish writer Olga Tokarczuk in Literature”•with just one prize left to be announced on Monday: the Economics Prize, which has only once gone to a woman in its 50 years of existence.

Unlike the other Nobels awarded since 1901, the Economics Prize is the only one not created by the prizes’ founder, philanthropist and dynamite inventor Alfred Nobel, in his 1895 will. It was devised in 1968 to mark the 300th anniversary of Sweden’s Central Bank, and first awarded in 1969.

The name of the winner or winners will be revealed at 11:45 am (0945 GMT).

There are no public shortlists for any of the Nobel prizes, but the profile of the economics laureate is perhaps the easiest to predict: a white male, over the age of 55, and of US nationality.

In the past 20 years, three-quarters of winners have matched that description.

The Royal Swedish Academy of Sciences never gives any clues as to which way it is leaning, but university corridors are full of speculation about possible laureates for this 50th edition.

Israeli-American Joshua Angrist, professor at the Massachusetts Institute of Technology (MIT) in the US and an expert on labor economics and the economics of education, is among the favorites this year, according to analysts.

Harvard professor Elhanan Helpman of Israel and Princeton professor Gene Grossman of the US are also front runners, Hubert Fromlet, a Linnaeus Univerity economist in Sweden, told news agency TT. Both are experts in international trade and growth.

Columbia University professor Jagdish Bhagwati, who specialises in free trade, is also among those mentioned.

Born in India in 1934, he has played “a large if subtle role in keeping protectionism from becoming respectable,” according to one of his former students, Paul Krugman who won the 2008 prize, in line with the Academy’s predilection for free market and free trade economists. 

Among other possible laureates this year are three women, according to economics commentator Micael Dahlen: Anne Krueger of the US for her work on international trade, Cuban-born American Carmen Reinhart for her work on public debt and growth, and French development aid economist Esther Duflo.

If one of them were to get the nod, she would become the second woman to win the prize, after Elinor Ostrom of the US in 2009.

Each of this year’s Nobels comes with a prize sum of nine million Swedish kronor ($914,000, 833,000 euros), to be shared if there is more than one winner in the discipline.

But unluckily for this year’s winner or winners, the prize’s value has lost around $185,000 or 110,000 euros in the past two years, due to the depreciation of the Swedish krona.

Last year, the prize went to William Nordhaus and Paul Romer of the US for constructing “green growth” models that show how innovation and climate policies can be integrated with economic growth.

The Economics Prize wraps up a Nobel season that stands out for its crowning of two literature laureates, Polish writer Olga Tokarczuk for 2018 — delayed by a year due to a sexual harassment scandal — and Austrian novelist Peter Handke for 2019, whose selection sparked controversy because of his pro-Serb support during the Balkan wars.

Prior to that, the laureates in the fields of medicine, physics and chemistry were announced.

On Friday, Ethiopian Prime Minister Abiy Ahmed won the Peace Prize for his efforts to resolve the long-running conflict with neighboring foe Eritrea. 

Tags: Economics PrizeMassachusetts Institute of TechnologyOlga TokarczukRoyal Swedish Academy of Sciences
ADVERTISEMENT
AFP

AFP

Related Posts

‘Within reach’: Poland opposition to hold anti-govt election rally

byAFP
October 1, 2023, 1:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Polish opposition leaders are hoping to gather more than a million people in Warsaw on Sunday to oppose the conservative...

Read more

Lula ‘stable’ after hip replacement: doctors

byAFP
October 1, 2023, 1:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Brazil's President Luiz Inacio Lula da Silva is in "stable" condition a day after undergoing hip surgery, and began physical...

Read more

Record number of children attacked and killed in DR Congo: UN

byAFP
October 1, 2023, 12:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

The Democratic Republic of Congo is on track to see record numbers of children killed, maimed, kidnapped or sexually assaulted...

Read more

Three killed in Liberian election campaign clashes

byAFP
October 1, 2023, 11:30 am
0
8
Southwoods nails Seniors’ Fil golf crown

Three people have been killed in clashes in Liberia between supporters of the country's two main political parties ahead of...

Read more

N. Zealand PM contracts Covid during election campaign

byAFP
October 1, 2023, 11:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

New Zealand Prime Minister Chris Hipkins said on Sunday that he had contracted Covid-19, testing positive at a key point...

Read more

Mali separatists claim deadly attack against army

byAFP
October 1, 2023, 11:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

Tuareg-dominated separatist groups said on Saturday that they had inflicted heavy losses on the Malian military in an attack in...

Read more

Print Edition

View More

Recent Posts

  • ‘Within reach’: Poland opposition to hold anti-govt election rally
  • Lula ‘stable’ after hip replacement: doctors
  • Record number of children attacked and killed in DR Congo: UN
  • New-look UE whips San Sebastian in Shakey’s Super League
  • Three killed in Liberian election campaign clashes
  • N. Zealand PM contracts Covid during election campaign
  • Mali separatists claim deadly attack against army
  • Biden says Ukraine aid must be passed after shutdown deal

Advertisement

Latest News

N. Zealand PM contracts Covid during election campaign

byAFP
October 1, 2023, 11:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

New Zealand Prime Minister Chris Hipkins said on Sunday that he had contracted Covid-19, testing positive at a key point...

Read more

Mali separatists claim deadly attack against army

byAFP
October 1, 2023, 11:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

Tuareg-dominated separatist groups said on Saturday that they had inflicted heavy losses on the Malian military in an attack in...

Read more

Biden says Ukraine aid must be passed after shutdown deal

byAFP
October 1, 2023, 10:30 am
0
8

US President Joe Biden welcomed a deal to avert a government shutdown on Saturday but called for Congress to swiftly...

Read more

Last-gasp deal averts US government shutdown

byManila Standard
October 1, 2023, 10:00 am
0
8
McCarthy named US House speaker

The US Congress passed an 11th-hour funding bill Saturday to keep federal agencies running for another 45 days and avert...

Read more

Drought drains Brazilian Amazon residents reliant on waterways

byAFP
October 1, 2023, 9:30 am
0
8
Southwoods nails Seniors’ Fil golf crown

Not far from the emblematic site where the black waters of the Rio Negro join the brown currents of the...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App