Leading economist Kaushik Basu on the “Great Divergence" of income, vaccines and post-pandemic recovery
World Ch. Schedule : MON to FRI 08:00 KST
Date : 2021-07-26
As the world bounds back from the pandemic, developing nation's prospects for recovery are closely watched by economists around the world, as inequality between developed and developing nations is set to widen even further, in what is called the “Great Divergence.” While emerging markets and developing economies(EMDEs) are slowly recovering, South Korea's economy is expected to grow even further in the next ten years. World renowned economist Kaushik Basu discusses inequality between nations, evaluates EMDEs' prospects, South Korea's future and gives us a rundown of his new book, "Policymakers Journal: From New Delhi to Washington, D.C."
- Kaushik BASU, Professor of Economics at Cornell University, Fmr. Chief Economist at the World Bank