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Thursday, 29 June 2017

Kaushik Basu takes over as president of International Economic Association

Former chief economic advisor Kaushik Basu has taken over as president of the International Economic Association (IEA). Basu's three-year term started from June 23.

Mr. Basu has also served as 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. He is currently the C. Marks Professor of International Studies at Cornell. 

Important Takeaways from Above News-
  • The IEA is a leading organization for professional economists and it seeks to shape global economic policy and research.
  • The IEA was founded in 1950.
  • IEA headquarters in Barcelona, Spain.
Source- The Indian Express

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