Kaushik Basu,Indian American C. Marks Professor of International Studies and professor of economics in the College of Arts and Sciences, began his three-year term as the president of the International Economic Association (IEA) from June 23.
The IEA is a leading organization that was founded in 1950 for the professional economists who seeks to shape global economic policy and research. Among IEA past presidents are the Nobel laureates Kenneth Arrow, Robert Solow, Amartya Sen and Joseph Stiglitz.
South Asian-American Lawyers to Hold Annual Convention
Basu’s leadership has kicked off with the closing of IEA’s 18th World Congress in Mexico, at which Basu had spoken, along with Cornell’s Ravi Kanbur, the T.H. Lee Professor of World Affairs, international professor of applied economics and management and professor of economics in the College of Agriculture and Life Sciences and Michael Waldman, the Charles H. Dyson Professor of Management and professor of economics in the Cornell SC Johnson College of Business, according to the Cornell Chronicle.
Also there were Cornell alumnis James Foster, M.A. ’81, Ph.D. ’82, professor of economics at George Washington University, and Luis-Felipe Lopez-Calva, M.A. ’99, of the World Bank.
Basu has served as the senior vice president and chief economist at the World Bank from 2012 to 2016 and as the chief economic adviser to the government of India from 2009 to 2012. At Cornell, he has served as chairman of the Department of Economics and as the director of the Center for Analytic Economics.
Riva Ganguly Das New Director General of ICCR
He received a B.A. in economics in 1972 from St. Stephen’s College, Delhi University and a M.Sc. in 1974 and a Ph.D. in 1976, both in economics from the London School of Economics.
A fellow of the Econometric Society, Basu has published in development economics, industrial organization, game theory and welfare economics. His books include “Analytical Development Economics” (1997), “Prelude to Political Economy: A Study of the Social and Political Foundations of Economics” (2000), “Beyond the Invisible Hand: Groundwork for a New Economics” (2010) and “An Economist in the Real World: The Art of Policymaking in India” (2015).
By Premji
