Importance of the Nobel Prize!

Nobel prize's changing landscape from The Hindu

"How relevant is the prize? No one would argue that receipt ends wars or secures peace and prosperity for laureates: Kim Dae-jung, the 2000 winner, is no longer President of South Korea and peace talks with North Korea are stalled; the Dalai Lama is still in exile despite winning the prize in 1989. But for many laureates, the prize has meant not only recognition but exposure, a greater capacity for fundraising, and a stronger voice. In some cases, in countries such as Burma and Iran, the award may also have guaranteed the safety of its recipients. Perhaps the best indication that the peace prize makes a difference is the fact that it has managed to maintain its prestige. "