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Economic development, a discipline that is constantly evolving

The departments of Economic Sciences of several universities around the world research about the possibilities of economic development around the globe. A good example of this trend is the Harvard’s bet on research in this field, with the incorporation of two expert professors in issues related to international economy and economic development, Gita Gopinath and Sendhill Mullainathan.

2 june 2017

The field of economy is constantly progressing and researching, with a great amount of study lines that aim at improving the knowledges in this field. The Department of Economics of Harvard University has included two professors interested in the economic development, Gita Gopinath and Sendhill Mullainathan.

Gita Gopinath is professor of International and Economic Studies of the Harvard University. Her research focuses on International Finances and Macroeconomy. She is researcher professor in Federal Reserve Bank of Boston, member of the economic advisory panel of the Federal Reserve Bank of New York, an economic adviser to the Minister of the State of Kerala (India), director of the Journal of Economic Studies, co-editor of the current Manual of International Economics and research collaborator of the National Bureau of Economic Research (NBER) for the programs of Economic Fluctuations and Growth, International Finance and Macroeconomics and Monetary Economics.  She was also a member of the Eminent Persons Advisory Group on G20 Matters for the Indian Ministry of Finance.

Gita Gopinath is professor of International and Economic Studies at Harvard University.

In 2011, she was elected Global Leader by the World Economic Forum. Before joining Harvard, she was an assistant professor of economics at the University of Chicago School of Business.

Sendhil Mullainathan is Professor of Economics at the Faculty of Arts and Sciences at Harvard University. He has researched about poverty, behavioural economics and a wide variety of issues such as the impact of poverty on mental bandwidth or the use of fictitious curricula to measure discrimination. His research focuses on the use of automated learning to better understand human behaviour.

He helped to co-founded a non-profit organization to apply behavioural science (ideas42), co-founded a centre to promote the use of randomized controlled trials in development (the Poverty Action Laboratory Abdul Latif Jameel). He works in the board of directors of the MacArthur Foundation and he has worked in government in various roles, is affiliated with NBER, PAN, and is a member of the American Academy of Arts and Sciences.

He has researched about poverty, behavioural economics and a wide variety of issues.

 He was awarded with the ‘genius’ prize of MacArthur and has been designed as ‘Young Global Leader’ by the World Economic Forum, labelled as ‘Top 100 Thinker’ by the Foreign Policy Magazine, and mentioned in the ‘Smart List: 50 people who will change the world’ by Wired Magazine (United Kingdom).

There has been an increase in the number of professors and researchers dedicated to the economic development in prestigious universities, because there is an increasing interest in these issues to solve the problems of inequalities in the development of countries and the eradication of poverty.