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Kaushik Basu
Kaushik Basu (born 9 January 1952), is an Indian economist and academic who is Senior Vice-President and Chief Economist of the World Bank.〔 He is on leave from Cornell University, where he is the C. Marks Professor of International Studies and Professor of Economics. Prior to that, he was the Chairman of the Department of Economics and director, Center for Analytic Economics at Cornell University. Till July 2012, he served as the Chief Economic Adviser to the Government of India.〔()〕
He is also the Jury Chair for the Infosys Prize for the Social Sciences. Kaushik Basu is the President-elect of the International Economic Association, and will take over as President in 2017.
==Early life and education==
Kaushik Basu was born in Kolkata, West Bengal, India and schooled at St. Xavier's Collegiate School, Kolkata. 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. In 1969 he moved to Delhi to do his undergraduate studies in Economics (Honors) with Mathematics as subsidiary, from St. Stephen's College. He then went on to the London School of Economics, to do his MSc in Economics completing it in 1974. After earning his master's degree, Basu was supposed to move to England to study law and take over his father's legal practice, but he had fallen in love with the concept of logic and deductive reasoning and became fascinated by Amartya Sen's work. He remained at the London School of Economics for his PhD, from 1974 to 1976. He did his PhD on choice theory under the tutelage of Amartya Sen.
He has received honorary doctorates from Lucknow University, Lucknow, in 2011, Assam University, Silchar, in 2012, Fordham University, New York, in 2013, and Indian Institute of Technology (IIT), Bombay, in 2013.
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