Dr. Amartya Sen was born in 1933. Bolpur, in West Bengal, Amartya sen is the latest in our list of Nobel Laureates. He was honoured with the Nobel Prize for his work in Welfare economics.
When Thailand’s Baht plummeted, markets from Bombay to New York were in turmoil and there was talk of worldwide depression, Sen’s argument that growth should be accompanied by democratic decision-making seemed only too correct.
A new brand of softer, gentler economics seemed in order. Although Sen is probably best known for his research on famines, his work on women – the attention he has drawn to their unequal status in the developing world, and his calls for gender-specific aid programs – is just as important.
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