CURRENT AFFAIRS

Detailed explanation-1: -Kaushik Basu is professor of Economics and Carl Marks Professor of International Studies at Cornell University. He is currently serving as president of the International Economic Association.

Detailed explanation-2: -This book charts the course of Kaushik Basu’s career over seven years, as he moved from the cloisters of academia to the frenetic world of policymaking, first in India as chief economic adviser to the Indian government and after that as chief economist at the World Bank in Washington. Learn more about the book.

Detailed explanation-3: -Basu currently teaches at Cornell University, where he has a joint appointment as an economics professor in the Department of Economics and the SC Johnson College of Business.

Detailed explanation-4: -Basu was a professor at the Delhi School of Economics, where in 1992 he founded the Centre for Development Economics and served as its first Executive Director. He is also a founding member of the Madras School of Economics. He was the fourth President of the Human Development and Capabilities Association.

Detailed explanation-5: -WASHINGTON, September 5, 2012 – World Bank Group President Jim Yong Kim today announced the appointment of Kaushik Basu as the institution’s new Chief Economist and Senior Vice President.