Indian economist Amartya Sen wins German prize

Leading Indian economist and Nobel laureate Amartya Sen will be awarded Germany's Meister Eckhart prize for his work on human development theory, the country's Identity Foundation said on Thursday.

BERLIN: Leading Indian economist and Nobel laureate Amartya Sen will be awarded Germany's Meister Eckhart prize for his work on human development theory, the country's Identity Foundation said on Thursday.

Sen is being honoured with the prize for having enriched philosophical and cultural discourse with an economic perspective, the foundation said in a statement.

"For Amartya Sen the development of man is linked to the extent to which people are free to allow their true identity to unfold," it said.

"The unusual merging of economic and philosophical enquiry which graces his work leads to the acknowledgment that identity is not merely a personal question, which every individual should pose himself, but a worldwide quest."

Sen, 73, won the Nobel prize for economics in 1998. He has worked on welfare economics, famine, gender inequality, the underlying mechanisms of poverty and political liberalism.

His books have been translated into 30 languages. Past winners of the Meister Eckhart prize, which is named after a 13th century German theologian and mystic, include US philosopher Richard Rorty and French anthropologist Claude Levi-Strauss.
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It comes with prize money of 50,000 euros.

Sen will receive the prize in the western German city of Cologne at the end of November.
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