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Nobel Rebels in Disguise — Assessing the Rise and Rule of the Randomistas

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  • Ingrid Harvold Kvangraven

Abstract

Abhijit Banerjee, Esther Duflo and Michael Kremer were awarded the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their pioneering of randomized control trials (RCTs) to find reliable answers about the best ways to fight global poverty. This article unpacks the laureates’ theoretical and methodological approach to development economics in order to evaluate to what extent their approach signifies a break from broader trends in the field. In particular, it investigates the role RCTs have played in both generating knowledge about development interventions and in shaping development policy debates more broadly. Finally, the article argues that despite their rebellious and radical façade, the randomista enterprise has led to a more exclusive development economics, while at the same time failing to improve our ability to fight poverty.

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  • Ingrid Harvold Kvangraven, 2020. "Nobel Rebels in Disguise — Assessing the Rise and Rule of the Randomistas," Review of Political Economy, Taylor & Francis Journals, vol. 32(3), pages 305-341, July.
  • Handle: RePEc:taf:revpoe:v:32:y:2020:i:3:p:305-341
    DOI: 10.1080/09538259.2020.1810886
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    Cited by:

    1. Nick Bernards, 2023. "From Multiple Deprivations to Exploitation: Politicizing the Multidimensional Poverty Index," Development and Change, International Institute of Social Studies, vol. 54(5), pages 1374-1395, September.
    2. Ingrid Harvold Kvangraven & Surbhi Kesar, 2021. "Standing in the Way of Rigor? Economics’ Meeting with the Decolonizing Agenda," Working Papers 2110, New School for Social Research, Department of Economics.

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