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Shantayanan Devarajan is Professor of the Practice of International Development at Georgetown University’s School of Foreign Service. Prior to Georgetown, he spent 28 years at the World Bank, where he was the Senior Director for Development Economics, the Chief Economist of the South Asia, Africa, and Middle East and North Africa regions and of the Human Development Network, and Research Manager for Public Economics. Before joining the World Bank, he was on the faculty of Harvard Kennedy School. Born in Sri Lanka, Shanta received his A.B. in mathematics from Princeton University and his Ph.D. in economics from the University of California, Berkeley.
Finance ministers attending the recent Spring Meetings of the International Monetary Fund and World Bank clearly heard the alarm that Indermit Gill and Kenan Karakülah sounded on...
While others have advocated for universal basic income (UBI) to address problems in the labor market or to replace inefficient and inequitable subsidies, my co-authors and I make...
