The Humboldt Research Award for Economics for 2021 was conferred on economist Dr Kaushik Basu by Dr Hans-Bernd Schäfer of Bucerius Law School in Germany's Hamburg on Tuesday. The announcement was made last month by the Cornell Chronicle.
Sponsored by the Alexander von Humboldt Foundation based in Bonn, Germany, the Humboldt Research Award recognizes excellence through an entire career and offers research collaboration opportunities.
Basu is a professor of economics at Cornell University and the Carl Marks professor of International Studies in the College of Arts and Sciences and SC Johnson College of Business. He was the chief economist of the World Bank from 2012 to 2016, and chief economic adviser to the Indian government from 2009 to 2012.
He is currently serving as the president of the International Economic Association (from 2017 to 2021). Basu is also a recipient of the Padma Bhushan, the third-highest civilian award in India.
He has been published widely in the areas of development economics, game theory, law and economics, and industrial organization. His most recent book is The Republic of Beliefs: A New Approach to Law and Economics (Princeton University Press, 2018). In July this year, Simon and Schuster will be publishing the diary of his policy years, Policymaker’s Journal: New Delhi to Washington DC.
Humboldt Research Award winners are invited to carry out projects of their choice in cooperation with specialist colleagues in Germany. Basu said that he plans to use this award to do research on moral philosophy and game theory, and on law and economics.
Economist Kaushik Basu gets Humboldt award - Times of India
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