Economic development must focus on improving real living conditions.
Meaning
This quote explains that growth should be measured by how it benefits people's everyday lives, not just statistics.
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About the author
(born 1972) is a French economist known for her work in development economics. She was awarded the Nobel Prize in Economic Sciences in 2019 for her experimental approach to alleviating global poverty. Duflo’s research focuses on practical solutions to improve education, healthcare, and living conditions in developing countries. Through randomized controlled trials, she has helped shape evidence-based policy. As a professor at MIT, she continues to influence academic and policy discussions. Esther Duflo’s work has had a profound impact on how governments and organizations address poverty and inequality.
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