Nobel economics prize awarded for real-life studies - a podcast by BBC World Service

This year's Nobel prize for economics has been shared by three recipients. David Card, Joshua Angrist and Guido Imbens were awarded the prize for their use of "natural experiments" to understand how economic policy and other events connect. Professor Card, of UC Berkeley, tells us about his work. Also in the programme, with high energy prices leading to the suspension of steel production in parts of Europe, we ask Portuguese Member of the European Parliament, Pedro Marques, what governments can do to help deal with the situation. The BBC's Vivienne Nunis reports on the economic importance of donkeys to sub-Saharan Africa. Plus, we hear from Prince Charles, heir to the British throne, about whether business is doing enough to tackle climate change.

Today's edition is presented by Rob Young, and produced by Nisha Patel and Benjie Guy.

(Picture: The Nobel economics prize is announced. Picture credit: Reuters.)

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