"Reducing the vast differences in income between countries is one of our time's greatest challenges. The laureates have demonstrated the importance of societal institutions for achieving this," says Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to 77-year-old Claudia Goldin "for having advanced our understanding of women's labour market outcomes" the prize-giving body said in a statement.
The American economist said, "It was a great meeting. We talked about the importance of successful urban development. He understands these issues very well. PM articulated it very well that urbanisation is not a problem. It's an opportunity. I take this as a slogan. India can show the way