Kaushik Basu takes over as President of International Economic Association

Jun 28, 2017 09:52 IST

Former Chief Economic Advisor Kaushik Basu on 27 June 2017 took over as the President of the International Economic Association (IEA) with effect from 23 June 2017. He will serve the office for three years.

The IEA is a leading organisation for professional economists that seeks to shape global economic policy and research. Among IEA's past presidents are Nobel laureates Kenneth Arrow, Robert Solow, Amartya Sen and Joseph Stiglitz.

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About Kaushik Basu

Kaushik Basu is currently serving as the C Marks Professor of International Studies at Cornell.

Earlier, Basu has served as Senior Vice-President and Chief Economist at the World Bank from 2012 to 2016.

He served as the Chief Economic Adviser to the Union Government from 2009 to 2012.

At Cornell, he served as Chairman of the Department of Economics and as Director of the Center for Analytic Economics at Cornell.

As a fellow of the Econometric Society, Basu has also published some books widely in development economics, industrial organization, game theory and welfare economics.

Some of his books include “Analytical Development Economics” (1997), “Beyond the Invisible Hand: Groundwork for a New Economics” (2010) and “An Economist in the Real World: The Art of Policymaking in India” (2015).

He received his BA in Economics in 1972 from St. Stephen’s College, Delhi University and  M.Sc. in 1974 and a Ph.D. in 1976, both in economics from the London School of Economics.

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