English | دری

India’s Kaushik Basu appointed as World Bank Chief Economist

in International Business

India’s Kaushik Basu appointed as World Bank Chief Economist

Former economic adviser to the Indian government, Kaushik Basu is named the chief economist of the World Bank.

Mr. Basu holds a doctorate from the London School of Economics and founded the Center for Development Economics at the Delhi School of Economics in 1992.

His position as Indian government’s chief economic adviser is replaced by Raghuram Rajan, former chief economist of International Monetary Fund.

Mr. Basu replaces Justin Lin of China and begins his term on the first of October.

Mr Basu “brings first-hand experience from a developing country and will be a terrific asset to the institution,” the Bank said in a release.



Related Articles

Yahoo to buy Tumblr for USD 1.1bn

Yahoo seems to be getting back in the game after being eclipsed by Google for the past few years. Yahoo’s

US extension of payroll tax cut & unemployment benefits risk new recession

The Congressional Budget Office (CBO) in its report on the economic forecast has said that the US would see growth

Apple Working on a Less-Expensive iPhone

WSJ-By Jessica E. Lessin Apple Inc. is working on a lower-end iPhone, according to people briefed on the matter, a big shift

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*