BB to share WB’s experience in R&D
08 December 2015, Nirapad News: Bangladesh Bank will share experience of the World Bank to strengthen further its research and development activities when a top WB official visits Dhaka later this month, BB chief economist Biru Paksha Paul said here today.
Briefing journalists at the central bank headquarters on the forthcoming visit of the WB chief economist Professor Kaushik Basu, he said the visit would offer a great opportunity to the central bank staff to share WB’s experience on how their research and development activities could be intensified to support sustainable economic growth.
Basu, also Senior Vice-President (Development Economics) of the multi-donor agency, is coming to Dhaka on December 12 on a 5-day visit to Bangladesh at the invitation of Bangladesh Bank (BB) Governor Dr. Atiur Rahman. His schedule in Dhaka includes a public lecture on “Global Economy, Bangladesh and Regional Cooperation: Problems and Prospects” at Bangabandhu International Conference Centre (BICC) at 3pm on December 13.
Besides, Dr Basu, an Indian national, will visit the central bank and exchange views with the officials of its research cell apart from holding meeting with the governor, Biru Paksha Paul said.
He said Dr Basu will also visit rural areas to have an idea about the country’s growing economy.
He will also take part in an international workshop on “Macroeconomic stability, private sectors development and economic growth” at BICC on December 14 morning, Paul said.
He said the WB chief economist will also attend a press conference at BICC at 6pm on December 15.
He is scheduled to leave Dhaka on December 16, the BB chief economist added.
Dr Basu, a fellow of the Econometric Society, received India’s Padma Bhushan award as well as the National Mahalanobis Memorial award.
His contributions span development economics, welfare economics, industrial organisation and game theory.
Prior to joining the World Bank, he served as the chief economic adviser to the government of India and is currently on leave from Cornell University where he is a professor of Economics and the C. Marks Professor of International Studies.