World Bank President Jim Yong Kim announces Paul Romer’s appointment

Q.  World Bank President Jim Yong Kim announced whom to be the Chief Economist and Senior VP of the WB?
- Published on 21 Jul 16

a. Kaushik Basu
b. Paul Romer
c. Amartya Sen
d. None of the above

ANSWER: Paul Romer
 
World Bank President Jim Yong Kim announced American economist Paul Romer will succeed Kaushik Basu as the Chief Economist and Senior VP of the World Bank.
  • Romer’s appointment will take effect from September 2016; he is currently NYU professor and director of the University’s Marron Institute of Urban Management.
  • WB comprises two institutions IBRD and IDA and was created in 1944 along with the IMF.

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