France’s Esther Duflo, a world renowned economist, has been nominated by US President Barack Obama to join a government body dedicated to advising the administration on global development policy.
Called the Global Development Council, the group was founded by Obama in 2010 to help shape US development efforts abroad.
Who would ever expect Obama to appoint a free market person to anything?
Duflo, who was raised in a “left-leaning Protestant” family, said she became aware of economic divides and social injustice at a very early age.
It gets ‘better’…
Duflo’s research has largely focused on microeconomic issues in developing countries and looks at areas such as education, access to finance as well as health and policy evaluation. As co-founder and director of MIT’s Abdul Latif Jameel Poverty Action Lab, Duflo has singled herself out by championing the idea that it is impossible to successfully tackle the issue of poverty without a thorough understanding of the population at hand. In other words, the devil is in the detail.
While Duflo’s work has already helped contribute to changing the way governments and organisations deal with global poverty, her potential new role as a member of the Global Development Council will allow her to have a direct impact on how the US handles such issues.
More uhh… How do you say… Spreading the wealth around.
We are going to be paying off our eight year mistake for a very long time.