Bernhard Harms Prize
The Bernhard Harms Prize — named after the founder of the Kiel Institute — is awarded every two years. The prize in particular honors scholars with a distinguished record in the field of international economics. The prize includes a cash award of 25,000 Euro which is contributed by the Society for the Promotion of the Kiel Institute. The prize was awarded for the first time in 1964 in honor of the 50th anniversary of the founding of the Institute. The Bernhard Harms Lectures, which are given by the prize-winners at the award ceremony are now regularly published in the Institute’s international journal "Review of World Economics / Weltwirtschaftliches Archiv".
2014 IfW Bernhard Harms Prize goes to Abhijit Banerjee
This year the Bernhard Harms Prize, awarded by the Kiel Institute for the World Economy (IfW) and worth EUR 25,000, goes to Professor Abhijit Banerjee from the Massachusetts Institute of Technology (MIT).
Professor Banerjee is one of the world’s best known economists on the subject of combating poverty. His evidence-based methods of evaluating development policy have had a revolutionary impact on this field. With his book “Poor Economics", written jointly with Esther Duflo, Banerjee has created an economic best-seller on the subject of the fight against poverty. In this work the Indian-born scientist combines scientific work at the highest level with questions of practical political implementation. This was one reason why in 2012 UN Secretary General Ban Ki-moon appointed him a member of the High Level Panel to prepare new development targets for the UN.
Banerjee studied at the University of Calcutta and Jawaharlal Nehru University New Delhi before gaining his doctorate at Harvard. Since 2003 he has been Ford Foundation International Professor of Economics and Director of the Abdul Latif Jameel Poverty Action Lab at MIT.
The recipients of the prize to date are:
2012: Professor Gene Grossman, Princeton University
2010: Professor Raghuram Rajan, University of Chicago
2008: Professor Kenneth Rogoff, Harvard University
2006: Professor Robert Feenstra, University of California
2004: Professor Maurice Obstfeld, University of California
2002: Professor Stanley Fischer, Massachusetts Institute of Technology
2000: Professor Jeffrey D. Sachs, Harvard University
1998: Professor Elhanan Helpman, Harvard University
1996: Professor Assar Lindbeck, Institute for International Economic Studies
1994: Professor Martin Feldstein, Harvard University
1992: Professor Rudiger Dornbusch, Massachusetts Institute of Technology
1990: Professor Anne O. Krueger, Duke University
1988: Professor Jagdish Bhagwati, Columbia University
1986: Professor W. Max Corden, Australian National University
1984: Professor Bela Balassa, Johns Hopkins University
1982: Professor William Fellner, Yale University
1980: Professor Erik Lundberg, Stockholm School of Economics
1978: Professor Charles P. Kindleberger, Massachusetts Institute of Technology
1976: Professor Harry G. Johnson, University of Chicago
1974: Professor Fritz Machlup, Princeton University
1972: Professor Gottfried Haberler, Harvard University
1970: Professor Wassily Leontief, Harvard University
1968: Drs. Hermann Josef Abs, Frankfurt/Main
1966: Sir Roy Harrod, Christ Church College, Oxford
1964: Professor Gerhard Colm, Washington, D.C.