World Bank President Jim Yong Kim on Monday announced that American economist¹ Paul Romer will succeed Kaushik Basu as chief economist and senior vice² president of the World Bank.

 

世界银行行长金墉周一宣布，美国经济学家保罗·罗默将接替考什克·巴舒担任世界银行首席经济学家与高级副总裁。

 

"We're most excited about (Paul Romer's) deep commitment to tackling poverty and inequity and finding innovative³ solutions that we can take to scale," said Kim in a statement.

 

Romer is currently a professor at New York University (NYU) and director of NYU's Marron Institute of Urban Management. With his interest and understanding in urban and economic development, Romer helped built the Marron Institute of Urban Management and is also the founding director of the Urbanization Project at the NYU's Stern School of Business.

 

His recent urbanization research focuses on the many ways in which policymakers in the developing world can use the rapid growth of cities to create economic opportunities and undertake systemic social reform. He believed that experiences of cities, such as Hong Kong and Shenzhen, can be replicated⁴ in any country that wants to implement⁵ reforms and to promote economic growth.

 

Romer is also known as a proponent⁶ of "endogenous growth theory", which holds that economic growth is primarily the result of investment in human capital, innovation and knowledge.

 

He founded a start-up company Aplia, an education technology company dedicated⁷ to increasing student effort and classroom engagement.

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