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Kaushik Basu


Kaushik Basu is Professor of Economics and the C. Marks Professor of International Studies at Cornell University. He was formerly Senior Vice President and Chief Economist of the World Bank, 2012-16, and Chief Economic Adviser to the Indian Government, 2009-2012. Basu received his PhD and M.Sc from the London School of Economics and his BA Econ (Hons) from St. Stephen’s College, Delhi. He was Professor of Economics at the Delhi School of Economics, where in 1992 he founded the Centre for Development Economics and was its first Executive Director. He is also a founding member of the Madras School of Economics.          

A Fellow of the Econometric Society, Kaushik Basu has published widely in the areas of Development Economics, Industrial Organization, Game Theory and Welfare Economics. His two most recent books are An Economist in the Real World: The Art of Policymaking in India (MIT Press and Penguin Random House) and Beyond the Invisible Hand (Princeton University Press). In May 2008 he was awarded one of India’s highest civilian awards, the Padma Bhushan, by the President of India.