CURRENT AFFAIRS
CURRENT AFFAIRS
Description
The World Bank Group has appointed Rakesh Mohan, a former Reserve Bank of India (RBI) deputy governor, to its Economic Advisory Panel. Lord Nicholas Stern, the IG Patel Professor of Economics and Government at the London School of Economics, will head this panel. Indermit Gill, the World Bank Group's Chief Economist, will co-chair the panel.
About Rakesh Mohan
Rakesh Mohan is currently president emeritus and distinguished fellow of the Centre for Social and Economic Progress (CSEP), a think tank situated in New Delhi. He's also a part-time member of the Prime Minister's Economic Advisory Council.
Mohan Previously Held Several Notable Posts, Including-
Executive Director of the International Monetary Fund
Economic Affairs Secretary and Chief Economic Advisor in the Finance Ministry.
Economic adviser in the Industry Ministry
He has also been a senior fellow at Yale University's Jackson Institute for Global Affairs, as well as a professor of international economics and finance in the School of Management between 2010 and 2012.
Role Of The Economic Advisory Panel
According to the CSEP statement, the World Bank's Economic Advisory Panel will focus on strategic problems for the World Bank Group, such as its objectives, research agenda, and actions. The panel will provide advise and insights to help the World Bank Group accomplish its objectives.
Rakesh Mohan's selection to the renowned panel recognizes his skills and experience in international economics and finance, which will be useful in advising the World Bank on its strategic orientation.
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