Homi Kharas is a British economist who has been a senior fellow and deputy director for the global economy and development program at the Brookings Institution since 2005.[1]

Early life and education

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Kharas gained his bachelor's degree from King's College, Cambridge in 1975. He gained his PhD in economics from Harvard University in 1980.[2]

Career

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World Bank

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From 1980, Kharas spent 26 years at the World Bank, serving for seven years as chief economist for the World Bank’s East Asia and Pacific region[3] and as director for poverty reduction and economic management, finance and private sector development. Along with Indermit Gill, he developed the novel concept of 'middle income traps'.[2]

From 1990 to 1991, Kharas was a senior partner with Jeff Sachs and Associates, advising governments in Eastern Europe and the Soviet Union on transition.

Brookings Institution

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Kharas began his career at the Brookings Institution in 2005 at the Wolfensohn Center for Development, where he pioneered foreign aid reform analyses, measuring the volatility of aid,[4] quality of foreign aid,[5] new players in development, including individuals and foundations, and helped develop the center's strategy along that of the global economy and development program. Kharas is a recognized foreign aid expert and has advised donors, foundations and emerging/developing country governments on best practices in the area.

Kharas is principal investigator of several grants to Brookings, including the Bill & Melinda Gates Foundation sponsored, Ending Rural Hunger and Brookings Blum Roundtable.

He has served as the lead author and executive secretary of the secretariat supporting the High Level Panel, co-chaired by Ellen Johnson Sirleaf, Susilo Bambang Yudhoyono and David Cameron, advising United Nations Secretary General Ban Ki-moon on the Post-2015 Development Agenda (2012-2013). The report, “A New Global Partnership: Eradicate Poverty and Transform Economies through Sustainable Development[6] was presented on May 30, 2013, and served as the basis for Sustainable Development Goals discussions.

He has served as a member on the International Panel Review Committee on Malaysia’s economic and governance transformation programs (2012); the post-Busan Advisory Group to the Organisation for Economic Co-operation and Development's Development Assistance Committee co-chairs (2011); the National Economic Advisory Council to Prime Minister Najib Razak of Malaysia (2009–10); and a member of the working group for the Commission on Growth and Development[permanent dead link], chaired by Professor A. Michael Spence (2007–10).[7] He was a non-resident fellow of the OECD Development Centre (2009). In June 2021, he was appointed to the World BankInternational Monetary Fund High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, co-chaired by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern.[8]

Publications

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Kharas has published articles, book chapters and opinion pieces on global development policy, global trends, the global food crisis, international organizations, the G20, the DAC and private philanthropy.

Books

References

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  1. ^ Brookings Institution, Fellows, URL: http://www.brookings.edu/experts/kharash
  2. ^ a b "Curriculum Vitae Homi J. Kharas" (PDF). Brookings. Retrieved 6 August 2022.
  3. ^ World Bank raises East Asia growth outlook New York Times, April 28, 2005.
  4. ^ Kharas (2006), Measuring the volatility of aid, Brookings Working Paper, available at: http://www.brookings.edu/research/papers/2008/07/aid-volatility-kharas
  5. ^ Kharas et al, Quality of Official Development Assistance (QuODA), available at: "Quality of Official Development Assistance (QuODA)". Archived from the original on 2016-03-04. Retrieved 2015-09-16.
  6. ^ United Nations (2013), Post 2015 Development HLPE Report, available at: http://www.post2015hlp.org/the-report/
  7. ^ Commission on Growth and Development, available at: http://go.worldbank.org/LS3NIIIJF0[permanent dead link]
  8. ^ World Bank, IMF Launch High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth International Monetary Fund, press release of June 15, 2021.
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