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University of Alicante Professor in Fundamentals of Economic Analysis Carmen Herrero to be presented the 2017 Jaume I Award for Economics


Alicante. Tuesday, 06 June 2017

University of Alicante Professor in Fundamentals of Economic Analysis Carmen Herrero Blanco will be presented the 2017 Jaume I Award for Economics as a results of her effort, talent and dedication. This has just been made public by the Rey Jaume I Awards Foundation in a meeting held in Valencia after the decision of a jury with three Nobel Prize winners amongs its members: Bernard Lucas Feringa (2016 Nobel Prize in Chemistry), Serge Haroche (2012 Nobel Prize in Physics) and Stefan Hell (2014 Nobel Prize in Chemistry). In fact, one of the main features of these awards is the excellence of its jury.

The Jaume I Awards are the best paid of all those awarded in Spain. Especially dedicated to the promotion of science, research and entrepreneurship, this year's awards have been applied for by 220 candidates from different fields of knowledge of whom 6 have finally succeeded in this 29th edition. The winners will receive €100,000, a gold medal and a diploma in a ceremony presided over by Their Majesties the Kings of Spain.

Prof. Herrero, who is also an honoris causa degree holder by the University of Granada, received the news "with great surprise" as she let us know and reported to be very happy because, as she sincerely did not expect it this year. The Alicante professor, who was also a candidate in an earlier edition, described this award as "the finishing touch for a long career plenty of recognitions with a lot of work though", and she announced her retirement for the next year.


A committed life

Professor at the University of Alicante, an researcher at the Valencian Institute for Economic Research (IVIE), she has devoted considerable effort to institutional work, the establishment of academic standards and the management of research programmes. "I have been involved in the FECYT, the Ramón & Cajal Programme, the National Agency for Quality Assessment and Accreditation of Spain (ANECA) and the Spanish National Agency for Prospective Planning and Assessment (ANEP)". She worked full time for the Ministry of Science and Innovation for two years (2005-2007), leading one of the most ambitious research support programmes developed in Spain to recruit competitive young researchers, the I3 Programme. 

However, regardless of her long and multidisciplinary research career, Carmen Herrero admits that one of her main reasons to be proud of "is to have launched the University of Alicante Department of Principles of Economic Analysis" of which, other than being the creator, she was the first Professor and director" and has become a national and international  outstanding reference along with some of her colleagues, such as Luis Corchón, Fernando Vega-Redondo and Antonio Villar". The UA Department is now  widely recognised abroad, both for its contributions in research and for having implemented one of the first international PhD degrees.

She has covered a large variety of topics in her research work, "from my initial contributions to non-linear extensions of input-output models, to my recent contributions to the United Nations in building social indicators. I can fairly say that the common pool of all my work is the implicit concern about social problems, especially equity." Social decisions and the assessment of social welfare are present in all her contributions, both theoretical and empirical. An interest that she describes as "having evolved from a purely theoretical to a more mixed approach, simultaneously considering theoretical and empirical analyses."


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