WASHINGTON: The World Bank has named Kaushik Basu, a Cornell University professor and former Indian official, as the institution’s new chief economist and senior vice president.
Basu, an Indian national, most recently served as chief economic adviser of the India’s Ministry of Finance while on leave from Cornell, where he was an economics professor and the C. Marks Professor of International Studies.
“Having worked in a Ministry of Finance, in addition to his impressive academic achievements, Kaushik is uniquely suited to help us offer evidence-based solutions and advice to client countries and provide innovative excellence in leading our development research,” said World Bank President Jim Yong Kim.
“Kaushik brings first-hand experience from a developing country and will be a terrific asset to the institution,” said Kim.
Basu, 60, holds a doctorate from the London School of Economics and founded the Center for Development Economics at the Delhi School of Economics in 1992.
He has also served as chairman of Cornell’s economics department, director of its Center for Analytic Economics, and headed the Program on Comparative Economic Development, the World Bank said in a statement.
In May 2008 the president of India awarded Basu one of the country’s highest civilian awards, the Padma Bhushan, for “distinguished service of high order.”
Basu begins his term October 1.
World Bank taps Basu as chief economist
World Bank taps Basu as chief economist
Stc partners with Qiddiya as Six Flags official connectivity provider
RIYADH: Saudi stc Group has announced its partnership with Qiddiya as the official connectivity partner for the Six Flags theme park, providing telecom services, smart city solutions, and an integrated digital infrastructure in line with global standards, coinciding with the park’s official opening.
Under the partnership, stc will deliver an advanced digital ecosystem to enhance visitors’ experiences at Qiddiya, offering high-performance connectivity and smart technologies to facilitate entry and manage visitor flow within the park, ensuring a seamless and safe experience.
The collaboration reflects stc’s commitment to providing advanced digital infrastructure that supports Qiddiya’s ambitions and elevates the visitor experience.
By leveraging smart connectivity, smart city technologies, and innovative payment solutions, stc aims to deliver an integrated and streamlined experience across the destination.
The initiative also highlights stc’s role in supporting the tourism and entertainment sectors with world-class digital infrastructure that aligns with Saudi Arabia’s vision and future goals.
