Kaushik Basu

Social damages might have more lasting impact on economy than wrong policies: Kaushik Basu

Social damages might have more lasting impact on economy than wrong policies: Kaushik Basu

"Social damages to an economy can take much longer to correct than demonetisation or a wrong economic move that can be corrected," he said.

Aug 05, 2017, 14:30 PM IST

Kaushik Basu takes over as IEA president

Basu's three-year term started from June 23.

Jun 27, 2017, 15:48 PM IST
Universal Basic Income should have a cut off income, says Kaushik Basu

Universal Basic Income should have a cut off income, says Kaushik Basu

The Universal Basic Income (UBI) scheme should have a cut off income and people should be encouraged to give it up voluntarily, former World Bank Chief Economist Kaushik Basu has said.

Feb 10, 2017, 14:55 PM IST
Global economy in protracted deterioration; India stands out: Kaushik Basu

Global economy in protracted deterioration; India stands out: Kaushik Basu

Worried about the global economy being in a "protracted deterioration", noted economist Kaushik Basu has warned against low interest regimes and the rich countries following "foolish policies" like protectionism even as he asserted India stands out with a growth rate of over 7 per cent.

Oct 02, 2016, 14:29 PM IST
No govt role for ex-World Bank chief economist Kaushik Basu, to return to academia

No govt role for ex-World Bank chief economist Kaushik Basu, to return to academia

Having served World Bank as its Chief Economist for about four years, India's former Chief Economic Advisor Kaushik Basu says he will not take up any position in the Indian government and plans to return to Cornell University and focus on his research projects.

Oct 02, 2016, 13:01 PM IST
Arun Jaitley meets PM Modi over new RBI Governor's appointment

Arun Jaitley meets PM Modi over new RBI Governor's appointment

Finance Minister Arun Jaitley on Thursday held an hour-long discussion with Prime Minister Narendra Modi over appointment of new RBI Governor, a post that will fall vacant on September 4.

Aug 18, 2016, 19:41 PM IST
 Central bank should enjoy autonomy: Kaushik Basu

Central bank should enjoy autonomy: Kaushik Basu

Stressing upong the fact that a Central bank should enjoy autonomy, World Bank chief economist Kaushik Basu said on Friday that ensuring the same is very important.

Aug 05, 2016, 23:37 PM IST
World Bank likely to name NYU's Paul Romer as next chief economist: Sources

World Bank likely to name NYU's Paul Romer as next chief economist: Sources

The World Bank is expected to name New York University economics professor Paul Romer as its next chief economist this week, two people familiar with the decision said, a move that would bring in a prominent voice advocating for investment in human capital.

Jul 17, 2016, 23:49 PM IST