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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
58 commentaries

Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and Nonresident Senior Fellow at the Brookings Institution.

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  1. elerian128_Alexander DemianchukTASS via Getty Images_usdeurocurrencyexchange Alexander Demianchuk/TASS via Getty Images

    Reading the Dollar Doldrums

    Mohamed A. El-Erian

    A sharp decline in the relative value of the dollar this year has been met with cheers from those hoping for a short-term boost to the US economy, and with hand-wringing by those worried about the currency's global standing. But while both views reflect underlying truths, neither tells the whole story.

    thinks the new conventional wisdom about the greenback's status is partly true but ultimately misguided.
    3
  2. sierakowski57_ SERGEI GAPONAFP via Getty Images_belaruselectionprotest Sergei Gapon/AFP via Getty Images

    The Struggle for Belarus

    Sławomir Sierakowski

    As has long been anticipated, Belarus's president, Alexander Lukashenko, has promptly declared victory in an election marred, as usual during Lukashenko's 26-year rule, by widespread fraud and vote rigging. But this time, the opposition is organized, widely supported, and not going home.

    reports from Minsk, where peaceful protests against a fraudulent presidential election are underway.
    0

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