The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979
Theodore W. Schultz, Sir Arthur Lewis
Sir Arthur Lewis
Born: 23 January 1915, Castries, British West Indies (now Saint Lucia)
Died: 15 June 1991, Bridgetown, Barbados
Affiliation at the time of the award: Princeton University, Princeton, NJ, USA
Prize motivation: "for their pioneering research into economic development research with particular consideration of the problems of developing countries"
Field: development economics
Contribution: Developed two economic models which mark out the causes of poverty among the population of the developing countries, as well as the factors determining the unsatisfactory pace of development.