"The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1998"
It is not difficult to see that the economic predicament of the poor across the world cannot be reversed by withholding from them the great advantages of contemporary technology, the well-established efficiency of international trade and exchange, and the social as well as economic merits of living in open rather than closed societies. People from very deprived countries clamor for the fruits of modern technology (such as the use of newly invented medicines, for example for treating AIDS); they seek greater access to the markets in the richer countries for a wide variety of commodities, from sugar to textiles; and they want more voice and attention from the rest of the world. If there is skepticism of the results of globalization, it is not because suffering humanity wants to withdraw into its shell.In fact, the pre-eminent practical issues include the possibility of making good use of the remarkable benefits of economic connections, technological progress and political opportunity in a way that pays adequate attention to the interests of the deprived and the underdog. That is, I would argue, the constructive question that emerges from the anti-globalization movements. It is, ultimately, not a question of rubbishing global economic relations, but of making the benefits of globalization more fairly distributed.
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Amartya Sen
Lamont University Professor
Harvard University
Amartya Sen is Lamont University Professor and Professor of Economics and Philosophy at Harvard University. Until recently he was the Master of Trinity College, Cambridge. He has served as President of the Econometric Society, the Indian Economic Association, the American Economic Association and the International Economic Association. He formerly served as Honorary President of OXFAM and is now its Honorary Advisor. Born in India, Sen studied at Presidency College and at Trinity College. His previous posts include the Drummond Professor of Political Economy at Oxford University, and Professor of Economics at Delhi University and at the London School of Economics. Among the awards Amartya Sen has received are the Bharat Ratna (the highest honour awarded by the President of India), the Eisenhower Medal, the George C. Marshall Award, the Brazilian Ordem do Merito Cientifico (gra-Cruz), Companion of Honour (U.K.), the Edinburgh Medal, and the Nobel Prize in Economics. His last book is Identity and Violence, published by Norton and Penguin.
Harvard University
Amartya Sen is Lamont University Professor and Professor of Economics and Philosophy at Harvard University. Until recently he was the Master of Trinity College, Cambridge. He has served as President of the Econometric Society, the Indian Economic Association, the American Economic Association and the International Economic Association. He formerly served as Honorary President of OXFAM and is now its Honorary Advisor. Born in India, Sen studied at Presidency College and at Trinity College. His previous posts include the Drummond Professor of Political Economy at Oxford University, and Professor of Economics at Delhi University and at the London School of Economics. Among the awards Amartya Sen has received are the Bharat Ratna (the highest honour awarded by the President of India), the Eisenhower Medal, the George C. Marshall Award, the Brazilian Ordem do Merito Cientifico (gra-Cruz), Companion of Honour (U.K.), the Edinburgh Medal, and the Nobel Prize in Economics. His last book is Identity and Violence, published by Norton and Penguin.
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source from wikipedia
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