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Kaushik Basu
Kaushik Basu (born 9 January 1952) is an Indian economist who was Chief Economist of the World Bank from 2012 to 2016. He is the C. Marks Professor of International Studies and Professor of Economics at Cornell University, and academic advisory board member of upcoming Plaksha University. He began a three-year term as President of the International Economic Association in June 2017. From 2009 to 2012, during the United Progressive Alliance's second term, Basu served as the Chief Economic Adviser to the Government of India. Kaushik Basu is winner of the Humboldt Research Award 2021. Early life and education Kaushik Basu was born in Kolkata, India, where he attended St. Xavier's Collegiate School. In an autobiographical essay he noted that finishing school in 1969 he was caught in a dilemma. His father wanted him to study physics. But those were revolutionary times and he wanted to study nothing. They settled on economics as half-way compromise between physics and nothing. I ...
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Chief Economist Of The World Bank
The Chief Economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the Bank’s overall international development strategy and economic research agenda, at global, regional and country levels. As a member of the Bank’s senior management team, the person advises the President and Bank’s management on economic issues. List of Chief Economists of the World Bank See also *Chief Economist of the International Monetary Fund The Chief Economist of the International Monetary Fund (IMF) is also the economic counsellor and director of the fund's Research Department and is responsible for providing independent advice to the fund on its policy issues, integrating ideas of th ... References * {{Economist-stub ...
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David Hume
David Hume (; born David Home; 7 May 1711 NS (26 April 1711 OS) – 25 August 1776) Cranston, Maurice, and Thomas Edmund Jessop. 2020 999br>David Hume" ''Encyclopædia Britannica''. Retrieved 18 May 2020. was a Scottish Enlightenment philosopher, historian, economist, librarian, and essayist, who is best known today for his highly influential system of philosophical empiricism, scepticism, and naturalism. Beginning with '' A Treatise of Human Nature'' (1739–40), Hume strove to create a naturalistic science of man that examined the psychological basis of human nature. Hume argued against the existence of innate ideas, positing that all human knowledge derives solely from experience. This places him with Francis Bacon, Thomas Hobbes, John Locke, and George Berkeley as an Empiricist. Hume argued that inductive reasoning and belief in causality cannot be justified rationally; instead, they result from custom and mental habit. We never actually perceive that one event caus ...
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Physics
Physics is the natural science that studies matter, its fundamental constituents, its motion and behavior through space and time, and the related entities of energy and force. "Physical science is that department of knowledge which relates to the order of nature, or, in other words, to the regular succession of events." Physics is one of the most fundamental scientific disciplines, with its main goal being to understand how the universe behaves. "Physics is one of the most fundamental of the sciences. Scientists of all disciplines use the ideas of physics, including chemists who study the structure of molecules, paleontologists who try to reconstruct how dinosaurs walked, and climatologists who study how human activities affect the atmosphere and oceans. Physics is also the foundation of all engineering and technology. No engineer could design a flat-screen TV, an interplanetary spacecraft, or even a better mousetrap without first understanding the basic laws of physic ...
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Chief Economic Adviser To The Government Of India
ThChief Economic Adviser (CEA)is a post in Government of India and is equivalent to rank of Secretary to the Government of India. The CEA is the ex-officio cadre controlling authority of the Indian Economic Service. The CEA is head of Economic Division of the Department of Economic Affairs, Ministry of Finance, Government of India. Until 2009, the CEA’s position was a Union Public Service Commission appointment and until the 1970s almost all CEAs were members of the Indian Economic Service. Role of the CEA The extent to which the Government takes into account the advice of the Chief Economic Adviser has generally been considered to be open-ended. In his 2018 book titled ''Of Counsel: The Challenges of the Modi-Jaitley Economy,'' former CEA Arvind Subramanian stated that the job of the CEA carried no executive responsibility. According to him, the only clearly defined job of the CEA was to produce the Economic Survey of India preceding the Union Budget. List of CEAs B ...
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United Progressive Alliance
United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party got the majority. UPA ruled India from 2004 till 2014. The largest party in UPA is Indian National Congress (INC). History 2004–2008 UPA was formed soon after the 2004 general elections when no party had won a majority. The then ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) won 181 seats of 544, as opposed to the UPA's tally of 218 seats. The Left Front with 59 MPs (excluding the speaker of the Lok Sabha), the Samajwadi Party with 39 MPs and the Bahujan Samaj Party with 19 MPs were other significant blocks that supported UPA at various times. UPA did not achieve a majority, rather it relied on external support, similar to the formula adopted by the previous minority governments of the United Front, the NDA ...
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International Economic Association
The International Economic Association (IEA) is an NGO established in 1950, at the instigation of the Social Sciences Department of UNESCO. To date, the IEA still shares information and maintains consultative relations with UNESCO. In 1973 the IEA became a federated member of the International Social Science Council. The goal of the IEA is to promote personal contacts and mutual understanding among economists in different parts of the world through the organization of scientific meetings, through common research programs and by means of publications of an international character on problems of current importance. Organization The IEA has two main bodies which rule the association: the council and the executive committee. Council The IEA is governed by a council, composed of representatives of all member associations as well as a limited number of co-opted members. The council meets triennially, when it reviews the general policy of the association and elects the president and ...
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Plaksha University
Plaksha University is a not-for-profit private research university located in Mohali, Punjab, India. It is set up by a group of over 60 business leaders and technology entrepreneurs with a mission to create a new model of higher education that combines academic excellence with industry relevance. It is a corporate-funded technical university, which is being established under the Punjab State Private Universities Policy of 2010. It has received a Letter of Intent from the Government of Punjab. History It was founded in 2019 by a group of industry leaders and entrepreneurs. The university is named after the Plaksha tree, which is considered sacred in Indian mythology and symbolizes knowledge and growth. The university's logo also features the tree, with its branches reaching outwards to represent its commitment to expanding knowledge and creating a positive impact. Academics Plaksha University offers undergraduate and graduate programs in engineering, computer science, data ...
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Cornell University
Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach and make contributions in all fields of knowledge—from the classics to the sciences, and from the theoretical to the applied. These ideals, unconventional for the time, are captured in Cornell's founding principle, a popular 1868 quotation from founder Ezra Cornell: "I would found an institution where any person can find instruction in any study." Cornell is ranked among the top global universities. The university is organized into seven undergraduate colleges and seven graduate divisions at its main Ithaca campus, with each college and division defining its specific admission standards and academic programs in near autonomy. The university also administers three satellite campuses, two in New York City and one in Education City, Qatar ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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World Bank Chief Economist
The Chief Economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the Bank’s overall international development strategy and economic research agenda, at global, regional and country levels. As a member of the Bank’s senior management team, the person advises the President and Bank’s management on economic issues. List of Chief Economists of the World Bank See also *Chief Economist of the International Monetary Fund The Chief Economist of the International Monetary Fund (IMF) is also the economic counsellor and director of the fund's Research Department and is responsible for providing independent advice to the fund on its policy issues, integrating ideas of th ... References * {{Economist-stub ...
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Humboldt Prize
The Humboldt Prize, the Humboldt-Forschungspreis in German, also known as the Humboldt Research Award, is an award given by the Alexander von Humboldt Foundation of Germany to internationally renowned scientists and scholars who work outside of Germany in recognition of their lifetime's research achievements. Recipients are "academics whose fundamental discoveries, new theories or insights have had a significant impact on their own discipline and who are expected to continue producing cutting-edge academic achievements in the future". The prize is currently valued at €60,000 with the possibility of further support during the prize winner's life. Up to one hundred such awards are granted each year. Nominations must be submitted by established academics in Germany. The award is named after the Prussian naturalist and explorer Alexander von Humboldt. Past winners Biology Günter Blobel, Serge Daan, Aaron M. Ellison, Eberhard Fetz, Daniel Gianola, Hendrikus Granzier, Dan ...
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Padma Bhushan
The Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service of a high order...without distinction of race, occupation, position or sex." The award criteria include "service in any field including service rendered by Government servants" including doctors and scientists, but exclude those working with the public sector undertakings. , the award has been bestowed on 1270 individuals, including twenty-four posthumous and ninety-seven non-citizen recipients. The Padma Awards Committee is constituted every year by the Prime Minister of India and the recommendations for the award are submitted between 1 May and 15 September. The recommendations are received from all the state and the union territory governments, as well as from Ministries of the Government of India, Bharat Ratna and Padma Vibhushan a ...
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