Sir Arthur Lewis
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979

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."

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.

Prize share: 1/2