There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade
He was an excellent analytical economist and his is a great loss to the profession of economics vis-a-vis research and policy, writes S Mahendra Dev
Coined the term 'technology fatigue' in relation to agriculture
He had deep knowledge and understanding of India's rural economy, says NITI Aayog member Ramesh Chand
Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72. "He suffered a heart attack around 11 PM. We rushed him to the hospital, but it was all over by the time we got there," said Dr Pronab Sen, his brother. In a career spanning more than four decades, Abhijit Sen taught economics at New Delhi's Jawaharlal Nehru University, and held several important government positions including the chair of the Commission of Agricultural Cost and Prices. He was a member of Planning Commission from 2004 to 2014, when Manmohan Singh was the prime minister.
According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here
Indermit Gill is appointed the new Chief Economist of the World Bank Group and Senior Vice-President for Development Economics. Let's delve into Gill's contributions to development economics and more
We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof
Economist Intelligence Unit on June 24 released its Global Livability Index 2022, which ranks cities across the world on their 'livability' quotient
"Jose Antonio Ocampo will be our Finance Minister. Let's build a productive economy and an economy for life," President-elect Gustavo Petro posted on Twitter on Thursday
According to economists and policymakers, this reflects the continued lure of MGNREGS among rural manual casual labour despite a near resumption of economic activity, both in rural and urban areas
FY23 inflation projection may go above 6%; liquidity steps anticipated
The World Economic Forum's Chief Economists Outlook report on Monday warned of dire human consequences from the fragmentation of the global economy
As unemployment and poverty take over the families of Afghanistan, economists warned of a major economic crisis in the country, if necessary steps are not taken on an immediate basis
Most economists are now forecasting a cumulative 125-150 basis points of rate hikes over the next 12 months, compared with about 50 basis points expected three months ago
Most respondents see status quo on repo, reverse repo and stance
According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance
The IMF named its chief economist Gita Gopinath to become its second-ranking official, replacing First Deputy Managing Director Geoffrey Okamoto
IMF's First Deputy Managing Director Geoffrey Okamoto will resign next year, and Chief Economist Gita Gopinath will replace him, the fund announced on Thursday."The IMF said today that First Deputy Managing Director (FDMD) Geoffrey Okamoto will leave the Fund early next year and that Gita Gopinath, currently the IMF's Chief Economist, is proposed to be the Fund's new First Deputy Managing Director," the press release said.Although Gopinath had been scheduled to return to her academic position at Harvard University in January next year, she decided to stay and accepted the new position, according to the release."In particular, the FDMD will take the lead on surveillance and related policies, oversee research and flagship publications and help foster the highest quality standards for Fund publications," the release noted.Gopinath will start in her new role on January 21, 2022.
The economists who sent this letter included Jean Dreze, Prabhat Pattnaik, Mahendra Dev, Pronab Sen and Himanshu, among others