Michael Kramer

Michael Robert Kremer (English: Michael Robert Kremer, November 12, 1964 - ), American development economist. He received a Bachelor of Arts in Social Studies from Harvard University in 1985 and a Doctor of Philosophy in Economics in 1992. He served as a postdoctoral fellow at the Massachusetts Institute of Technology from 1992 to 1993, as a visiting professor at the University of Chicago in the spring of 1993, and as a professor from 1993 to 1999. Gates Professor of Developing Societies at Harvard University since 1999. Kramer focuses on philanthropy and strives to help working people around the world. He is a member of the American Academy of Arts and Sciences, a recipient of the MacArthur Fellowship and the Presidential Research Award, and was nominated as a Young Global Leader by the World Economic Forum. Kramer is a fellow at the Institute for Innovative Poverty Action, where he develops and evaluates solutions to social and international development problems. He is also a member of Do Our Best, a global poverty alleviation organization, and founded WorldTeach, which leads Harvard students and recent graduates to participate in summer and one-year projects to teach in developing countries around the world. Kramer also proposed advanced market commitments, establishing incentives to encourage developing countries to develop and use vaccines, and using randomized trials to evaluate social science interventions. The economic theory of complementary skills he proposed is called the circle theory of economic development. Kramer put forward the most convincing explanation for the phenomenon of hyperbolic population growth in the world system and the economic mechanism of demographic transition that was observed as early as the early 1970s. He presented his research results in the field of human capital at the Center for International Development's Development Week in 2010. Cramer is one of the winners of the 2019 Nobel Prize in Economics.