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Kaushik Basu
Founder & Ceo at Netcloud Consulting Services Inc & Netcloud Technologies Inc
Kaushik Basu is a prominent Indian economist known for his significant contributions to development economics, welfare economics, industrial organization, and game theory. Born on January 9, 1952, in Kolkata, India, he pursued his undergraduate studies at St. Stephen's College in Delhi and later earned both his MSc and PhD in Economics from the London School of Economics (LSE) under the mentorship of Amartya Sen.12
Professional Career
Basu has held several prestigious positions throughout his career:
- Chief Economist of the World Bank (2012-2016): He was the first Indian to hold this position and played a crucial role in global economic policy discussions.14
- Chief Economic Adviser to the Government of India (2009-2012): During this time, he was instrumental in formulating economic policies under the United Progressive Alliance government.13
- Professor of Economics at Cornell University: He has been a faculty member since 1994 and currently holds the title of C. Marks Professor of International Studies.34
In addition to these roles, Basu has served as President of the International Economic Association and has been involved with various academic institutions and advisory boards globally.14
Awards and Honors
Basu's work has garnered numerous accolades, including the Padma Bhushan, one of India's highest civilian awards, awarded in 2008. He has also received honorary doctorates from various universities including IIT Bombay and Fordham University.13
Publications
He is an accomplished author with several influential books to his name, such as "The Republic of Beliefs: A New Approach to Law and Economics" (2018) and "An Economist in the Real World: The Art of Policymaking in India" (2015) among others. His writings have been widely published in academic journals as well as popular media outlets like The New York Times and Scientific American.134
Basu continues to be an influential figure in economics, contributing to both academic discourse and practical policymaking on a global scale.

